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Sep 30, 2020
Exela Q3 2020 Earnings Report
Reported third quarter revenue of $305.3M, meeting prior guidance on a GAAP basis, with continued expansion in gross profit and Adj. EBITDA margins.
Key Takeaways
Exela Technologies reported its Q3 2020 financial results, with revenue of $305.3 million. The company's adjusted EBITDA margin increased, and it continues to execute its plan for value creation amid the COVID-19 pandemic.
Third quarter revenue met prior guidance on a GAAP basis.
Adjusted EBITDA margin was 19.1% in the third quarter of 2020, an increase from 17.1% compared to the second quarter of 2020.
Total net debt was $1.477 billion as of September 30, 2020.
The company continues to execute well against its plan for value creation in the current environment.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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