earnings
confidence high
sentiment positive
materiality 0.70
XBP Q2 revenue $191.3M (-14% YoY), EBITDA $21.9M (+8.4%), raises efficiency target
XBP Global Holdings, Inc.
- Revenue $191.3M, down 14.0% YoY pro forma; net loss $16.7M.
- Normalized EBITDA $21.9M, up 8.4% YoY pro forma; adjusted gross margin 24.9% (record, +290bps).
- Closed $121.3M total TCV (+51.6% YoY) and $36.0M new ACV (+57.0% YoY).
- Raised annualized AI automation efficiency target to $65-75M from $55-60M; ~$35M expected in 2026.
- Engaged financial advisor for previously announced strategic alternatives review.