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Jun 30, 2021
Exela Q2 2021 Earnings Report
Reported preliminary second quarter 2021 results with revenue of $293.0 million and net loss of $19.4 million.
Key Takeaways
Exela Technologies reported strong margin expansion in Q2 2021, driven by a focus on core businesses and operational improvements. The company is pleased with the rapid growth of its digital solutions for the SMB market and reported $158 million in liquidity, exceeding targets while reducing outstanding debt. The company reiterated its prior 2021 guidance.
Generated strong margin expansion in the second quarter.
Focused on core businesses and drove operational improvement.
Experienced rapid growth of digital solutions for the SMB market.
Reported $158 million in liquidity, exceeding targets announced in November 2019 while reducing outstanding debt.
Forward Guidance
Based on second quarter results and the increased stability in business, Exela reiterated its prior 2021 guidance.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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