Exela Technologies Q1 EPS $(4.27), Sales $258.81M Down From $273.62M YoY
Portfolio Pulse from Benzinga Newsdesk
Exela Technologies (NASDAQ:XELA) reported a Q1 EPS of $(4.27) and sales of $258.81 million, a 5.41% decrease from $273.62 million YoY.
May 15, 2024 | 9:42 pm
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Exela Technologies reported a Q1 EPS of $(4.27) and sales of $258.81 million, a 5.41% decrease from the same period last year. This indicates a decline in financial performance.
The significant decrease in EPS and a decline in sales compared to the same period last year suggest a negative short-term impact on the stock price. Investors may react unfavorably to the declining financial performance.
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IMPORTANCE 80
RELEVANCE 100