secwatch / observer
8-K filed August 14, 2023, 7:59 PM ET CIK 0001620179
earnings confidence high sentiment neutral materiality 0.75

Exela Technologies, Inc.: Nasdaq/NYSE listing notice — Exela Q2 revenue up 2.3% to $272.9M, net loss narrows; Nasdaq non-compliance for late 10-Q

Exela Technologies, Inc.

2023-Q2 EPS reported -$14.40 revenue$546,558,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Exela Technologies, Inc. reported second quarter ended June 30, 2023 results: revenue $272.9 million, net income Net loss of $30.9 million.

Period
second quarter ended June 30, 2023
Revenue
$272.9 million
Net income
Net loss of $30.9 million
Result
preliminary results
Exact text from the filing
2 tm2323663d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Exela Technologies, Inc. Reports Preliminary Second Quarter 2023 Results Preliminary Second Quarter Highlights ● Revenue of $272.9 million, up 2.3% year-over-year (up 2.5% on a constant currency basis) ● Net loss of $30.9 million ● Gross profit (1) of $60.9 million, up 23.0% or $11.4 million year-over-year, with
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Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Exela Technologies, Inc. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).

Exchange
nasdaq
Notice
noncompliance notice
Deficiency
late filing
Rules
5250(c)(1)
Exact text from the filing
August 11, 2023, the Company received a notice of non-compliance from Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2023 (the “Form 10-Q”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires listed companies to timely file all periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). Under Nasdaq’s listing rules, the Company has 60 calendar days to submit a plan to regain comp
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Source: SEC EDGAR
accession 0001104659-23-091039
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