{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-043403","form_type":"8-K","ticker":null,"cik":"0001620179","company_name":"Exela Technologies, Inc.","filed_at":"2024-04-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.280651+00:00","generated_at":"2026-06-04T02:19:58.852547+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Exela reports FY 2023 revenue $1.06B (-1.2% YoY); net loss narrows to $124.4M","bullets":["Revenue $1,064.1M down 1.2% YoY; ITPS $732.3M (-4.3%), Healthcare $251.4M (+5.0%), Legal $80.4M (+10.6%).","Operating profit $8.0M vs loss $228.8M in 2022; net loss $124.4M improves $291.4M from $415.6M.","Adjusted EBITDA $60.0M (5.6% margin) vs $56.8M (5.3%) in 2022; capex 1.1% of revenue.","Subsidiaries issued ~$764.8M new notes for $956.0M 2026 notes; entered cybersecurity, cloud, and data modernization."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-043403","json":"https://secwatch.observer/filing/0001104659-24-043403.json","markdown":"https://secwatch.observer/filing/0001104659-24-043403.md","text":"https://secwatch.observer/filing/0001104659-24-043403.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1620179/000110465924043403/0001104659-24-043403-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1620179/000110465924043403/tm2411057d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T02:19:58.852547+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"892d2b1a47789cea3c583de409b98577669c3556","claim":"Exela Technologies, Inc. reported full year ended December 31, 2023 results: revenue $1,064.1 million, net income Net loss of $124.4 million ($125.1 attributable to Exela Technologies Inc).","evidence_excerpt":"99.1) --- EX-99.1 2 tm2411057d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Exela Technologies Holdings, Inc. Reports Full Year 2023 Results Full Year Highlights · 2023 revenue of $1,064.1 million, down 1.2% year-over-year · Gross margin of 21.7% in 2023 vs 18.5% in 2022 · Operating profit of $8.1 million, up $236.8 million due to increased gross margin, lower SG&A and no","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1620179/000110465924043403/0001104659-24-043403-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year ended December 31, 2023"},{"label":"Revenue","value":"$1,064.1 million"},{"label":"Net income","value":"Net loss of $124.4 million ($125.1 attributable to Exela Technologies Inc)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}