Earnings Call Summary | Exela Technologies(XELA.US) Q4 2023 Earnings Conference
Earnings Call Summary | Exela Technologies(XELA.US) Q4 2023 Earnings Conference
The following is a summary of the Exela Technologies, Inc. (XELA) Q4 2023 Earnings Call Transcript:
Financial Performance:
Exela Technologies saw a slight dip in revenue, which totaled $1.064 billion in 2023, down 1.2% year-over-year due to the impacts of a network outage and the sale of their high-speed scanner business.
The company improved its gross margins by $31 million, development tied to automation initiatives and a headcount reduction by 1,900 employees.
The company reported an adjusted EBITDA of $60 million and a net loss of $124.4 million, an improvement of $291.4 million compared to the previous year.
Business Progress:
The company procured new business to the tune of $198 million in annual contract value throughout the year.
Continued investment in automation, personnel, and cloud operations underscored their dedication to customer service.
Exela Technologies implemented two new services, FAO services and reactor.ai, which formed part of their growth initiatives.
As part of their strategic planning, for 2024, the company will prioritize revenue stabilization, margin improvement, and strategic growth initiatives.
More details: Exela Technologies IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
The following is a summary of the Exela Technologies, Inc. (XELA) Q4 2023 Earnings Call Transcript:
以下是Exela Technologies, Inc.（XELA）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Exela Technologies saw a slight dip in revenue, which totaled $1.064 billion in 2023, down 1.2% year-over-year due to the impacts of a network outage and the sale of their high-speed scanner business.
The company improved its gross margins by $31 million, development tied to automation initiatives and a headcount reduction by 1,900 employees.
The company reported an adjusted EBITDA of $60 million and a net loss of $124.4 million, an improvement of $291.4 million compared to the previous year.
由於網絡中斷和出售高速掃描儀業務的影響，Exela Technologies的收入略有下降，2023年總額爲10.64億美元，同比下降1.2％。
該公司的毛利率提高了3,100萬美元，開發與自動化計劃有關，裁員人數減少了1,900人。
該公司報告調整後的息稅折舊攤銷前利潤爲6,000萬美元，淨虧損爲1.244億美元，與去年相比增長了2.914億美元。
Business Progress:
業務進展：
The company procured new business to the tune of $198 million in annual contract value throughout the year.
Continued investment in automation, personnel, and cloud operations underscored their dedication to customer service.
Exela Technologies implemented two new services, FAO services and reactor.ai, which formed part of their growth initiatives.
As part of their strategic planning, for 2024, the company will prioritize revenue stabilization, margin improvement, and strategic growth initiatives.
該公司全年採購的新業務的年度合同價值約爲1.98億美元。
對自動化、人員和雲運營的持續投資凸顯了他們對客戶服務的奉獻精神。
Exela Technologies實施了兩項新服務，即糧農組織服務和 reactor.ai，這兩項服務是其增長計劃的一部分。
作爲2024年戰略規劃的一部分，該公司將優先考慮穩定收入、提高利潤率和戰略增長舉措。
More details: Exela Technologies IR
更多詳情： Exela 科技 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。
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