Exela Technologies Announces Expansion Of Digital Marketing Execution Solutions With A New Logo In Healthcare Industry
Portfolio Pulse from Happy Mohamed
Exela Technologies (NASDAQ: XELA, XELAP) has signed a new customer for its Marketing Execution solution (XME). The customer, a large regional healthcare provider, was previously using multiple vendors leading to inefficiencies and escalating costs. Exela's XME solution will provide real-time reporting, inventory management, and print-on-demand, reducing costs and eliminating obsolete materials. The contract is estimated at $7.5 million and will be included in the ITPS segment which generated $765 million of revenue in 2022.
September 07, 2023 | 1:22 pm
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Exela Technologies has signed a new customer for its XME solution. The contract is estimated at $7.5 million and will be included in the ITPS segment which generated $765 million of revenue in 2022.
The news of Exela Technologies signing a new customer for its XME solution is directly relevant to the company and its stock. The contract, estimated at $7.5 million, will contribute to the revenues of the ITPS segment, which is a significant part of the company's business. This could potentially have a positive impact on the company's stock price in the short term.
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