share_log

8-K: Exela Technologies, Inc. Reports Second Quarter 2024 Results

8-K: Exela Technologies, Inc. Reports Second Quarter 2024 Results

8-K：Exela Technologies, Inc. 公布2024年第二季度业绩
美股SEC公告 ·  2024/08/16 04:37

Moomoo AI 已提取核心信息

Exela Technologies reported Q2 2024 revenue of $245.7 million, down 10% YoY, while gross margin improved 120 bps to 23.5%. The company posted a net loss of $26.9 million, an improvement of $4.0 million YoY, primarily due to lower interest expense following debt modification in July 2023. Operating loss was $2.4 million compared to an $11.2 million profit in Q2 2023.Segment performance showed mixed results with Information and Transaction Processing Solutions revenue declining 15.2% to $156.8 million, Healthcare Solutions down 1.1% to $62.9 million, while Legal & Loss Prevention Services grew 6.3% to $25.9 million. SG&A expenses increased 30.5% to $41.8 million, mainly due to a $10.1 million write-down related to a partner contract amendment.Adjusted EBITDA decreased 39% YoY to $13.7 million with a margin of 5.6%, down 260 basis points from Q2 2023, though showing a 6.7% sequential improvement. The company maintains a cautiously optimistic outlook for H2 2024, citing continued focus on cost management and real estate optimization while adding new customers.
Exela Technologies reported Q2 2024 revenue of $245.7 million, down 10% YoY, while gross margin improved 120 bps to 23.5%. The company posted a net loss of $26.9 million, an improvement of $4.0 million YoY, primarily due to lower interest expense following debt modification in July 2023. Operating loss was $2.4 million compared to an $11.2 million profit in Q2 2023.Segment performance showed mixed results with Information and Transaction Processing Solutions revenue declining 15.2% to $156.8 million, Healthcare Solutions down 1.1% to $62.9 million, while Legal & Loss Prevention Services grew 6.3% to $25.9 million. SG&A expenses increased 30.5% to $41.8 million, mainly due to a $10.1 million write-down related to a partner contract amendment.Adjusted EBITDA decreased 39% YoY to $13.7 million with a margin of 5.6%, down 260 basis points from Q2 2023, though showing a 6.7% sequential improvement. The company maintains a cautiously optimistic outlook for H2 2024, citing continued focus on cost management and real estate optimization while adding new customers.
Exela Technologies报告2024年第二季度营业收入为24570万美元，同比下降10%，毛利率提高120个基点至23.5%。公司发布净亏损2690万美元，同比改善400万美元，主要由于2023年7月债务重组后利息支出减少。营业亏损为240万美元，而2023年第二季度为1120万美元的利润。各个部门的表现结果有所不同，信息和交易处理解决方案的营业收入下降15.2%，降至15680万美元，医疗解决方案下降1.1%，降至6290万美元，而法律与损失预防服务增长6.3%，达到2590万美元。销售和管理费用增加30.5%，达到4180万美元，主要是由于与合作伙伴合同修订相关的1010万美元的减值。调整后EBITDA同比下降39%，降至1370万美元，利润率为5.6%，比2023年第二季度下降260个基点，但显示出6.7%的顺序改善。公司对2024年下半年的前景保持谨慎乐观，强调将继续关注成本管理和房地产业优化，同时增加新客户。
Exela Technologies报告2024年第二季度营业收入为24570万美元，同比下降10%，毛利率提高120个基点至23.5%。公司发布净亏损2690万美元，同比改善400万美元，主要由于2023年7月债务重组后利息支出减少。营业亏损为240万美元，而2023年第二季度为1120万美元的利润。各个部门的表现结果有所不同，信息和交易处理解决方案的营业收入下降15.2%，降至15680万美元，医疗解决方案下降1.1%，降至6290万美元，而法律与损失预防服务增长6.3%，达到2590万美元。销售和管理费用增加30.5%，达到4180万美元，主要是由于与合作伙伴合同修订相关的1010万美元的减值。调整后EBITDA同比下降39%，降至1370万美元，利润率为5.6%，比2023年第二季度下降260个基点，但显示出6.7%的顺序改善。公司对2024年下半年的前景保持谨慎乐观，强调将继续关注成本管理和房地产业优化，同时增加新客户。
有用
没用

该公告为独立文件：

独立文件1  查看翻译

独立文件2  查看翻译

声明：本内容仅用作提供资讯及教育之目的，不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    热议
    美股
    股票代码最新价涨跌幅

    暂无数据

    资讯热榜
    更新时间