Preview Of Exela Technologies, Inc. ($XELA) 3Q20 Earnings

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Exela Technologies, Inc. (NASDAQ:XELA) is reporting third quarter financial results on Monday 9th November 2020, after market close.

Previous Quarter Performance

Exela Technologies, Inc. communicated loss for the second quarter of $ 0.34 per share, from the revenue of $ 307.72 million. The consensus estimates are $ 388.28 million in revenue The top line results fell short of analysts by $ 80.56 million or 20.75 percent.

Stock Performance

On Friday, shares of Exela Technologies, Inc. has traded high as $ 0.40 and has cracked $ 0.39 on the downward trend, reaching $ 0.40 with volume of 1.03 million shares.

According to the previous trading day, closing price of $ 0.40, representing a 355.56 % increase from the 52 week low of $ 0.09 and a 52.87 % decrease over the 52 week high of $ 0.87.

The company has a market capital of $ 58.41 million and is part of the Technology sector and Software – Infrastructure industry.

Exela Technologies, Inc. operates as a location-agnostic global business process automation (BPA) provider combining industry-specific and multi-industry enterprise software and solutions worldwide. Its BPA suite of solutions are deployed in banking, healthcare, insurance, and other industries to support mission critical environments.