Exela Technologies Q2 EPS $(4.40) Up From $(5.19) YoY, Sales $245.70M Down From $272.94M YoY
Portfolio Pulse from Benzinga Newsdesk
Exela Technologies (NASDAQ:XELA) reported Q2 earnings per share (EPS) of $(4.40), an improvement from $(5.19) YoY. Sales were $245.70M, down from $272.94M YoY.
August 15, 2024 | 8:20 pm
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Exela Technologies reported a Q2 EPS of $(4.40), an improvement from $(5.19) YoY, but sales decreased to $245.70M from $272.94M YoY.
While the EPS loss has improved, the significant drop in sales may concern investors. The mixed results could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100