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Exela Technologies | CORRESP: CORRESP

Exela Technologies | CORRESP: CORRESP

Exela Technologies | CORRESP:信函
美股SEC公告 ·  03/12 13:18

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Exela Technologies, Inc. has addressed the Securities and Exchange Commission's (SEC) inquiries regarding its non-GAAP financial measures, as detailed in a correspondence dated March 12, 2024. The SEC's Division of Corporation Finance had previously questioned certain line items in Exela's non-GAAP reconciliation, specifically regarding restructuring costs and other charges. In response, Exela has confirmed that it will exclude 'Employee severance and retention bonus' charges and certain costs related to facility closures and discontinued operations from its future Adjusted EBITDA presentations, unless accompanied by a formal restructuring plan. The company provided a revised reconciliation of Adjusted EBITDA for the fiscal year ended December 31, 2022, and clarified that starting with the fiscal year 2023 report, certain adjustments will no longer be made. This change aims to delineate one-time initiatives from normal operational improvements. Exela's Interim CFO, Matthew Brown, affirmed the company's responsibility for accurate disclosures.
Exela Technologies, Inc. has addressed the Securities and Exchange Commission's (SEC) inquiries regarding its non-GAAP financial measures, as detailed in a correspondence dated March 12, 2024. The SEC's Division of Corporation Finance had previously questioned certain line items in Exela's non-GAAP reconciliation, specifically regarding restructuring costs and other charges. In response, Exela has confirmed that it will exclude 'Employee severance and retention bonus' charges and certain costs related to facility closures and discontinued operations from its future Adjusted EBITDA presentations, unless accompanied by a formal restructuring plan. The company provided a revised reconciliation of Adjusted EBITDA for the fiscal year ended December 31, 2022, and clarified that starting with the fiscal year 2023 report, certain adjustments will no longer be made. This change aims to delineate one-time initiatives from normal operational improvements. Exela's Interim CFO, Matthew Brown, affirmed the company's responsibility for accurate disclosures.
Exela Technologies, Inc.已經回應了美國證券交易委員會(SEC)對其非公認會計准則財務指標的詢問,詳情見2024年3月12日的信函。美國證券交易委員會公司財務部此前曾質疑Exela非公認會計准則對賬中的某些細列項目,特別是有關重組成本和其他費用。作爲回應,Exela證實,除非附有正式的重組計劃,否則將在其未來的調整後息稅折舊攤銷前利潤報告中排除 “員工遣散費和留用獎金” 費用以及與設施關閉和終止運營相關的某些成本。該公司提供了截至2022年12月31日財年的調整後息稅折舊攤銷前利潤對賬表,並澄清說,從2023財年報告開始,將不再進行某些調整。這一變更旨在將一次性舉措與正常的運營改進區分開來。Exela的臨時首席財務官馬修·布朗確認了該公司對準確披露的責任。
Exela Technologies, Inc.已經回應了美國證券交易委員會(SEC)對其非公認會計准則財務指標的詢問,詳情見2024年3月12日的信函。美國證券交易委員會公司財務部此前曾質疑Exela非公認會計准則對賬中的某些細列項目,特別是有關重組成本和其他費用。作爲回應,Exela證實,除非附有正式的重組計劃,否則將在其未來的調整後息稅折舊攤銷前利潤報告中排除 “員工遣散費和留用獎金” 費用以及與設施關閉和終止運營相關的某些成本。該公司提供了截至2022年12月31日財年的調整後息稅折舊攤銷前利潤對賬表,並澄清說,從2023財年報告開始,將不再進行某些調整。這一變更旨在將一次性舉措與正常的運營改進區分開來。Exela的臨時首席財務官馬修·布朗確認了該公司對準確披露的責任。
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