Press Release
November 12, 2024
Third Quarter Highlights Revenue of $35.4 million , decrease of 5.6% year-over-year and increase of 5.5% sequentially Gross margin increased to 32.6%, a 800 bps increase year-over-year and 1,300 bps increase sequentially Operating profit of $2.5 million , an increase of $2.2 million year-over-year
Press Release
November 11, 2024
IRVING, Texas , Nov. 11, 2024 (GLOBE NEWSWIRE) -- Reaktr, the global business unit of Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA , XELAP), XBP Europe (“XBP”) (NASDAQ: XBP, XBPEW), and a member of the Oracle Partner Network (OPN), today announced the availability of SecAi on
Press Release
November 7, 2024

LONDON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, today announced its UK subsidiary XBP

Press Release
August 12, 2024
Second Quarter Highlights ●  Revenue of $36.1 million , down 14.8% year-over-year (14.2% on a constant currency basis) ●  Gross margin declined to 18.4%, a 630 bps decrease sequentially and 920 bps decrease year-over-year ●  Net loss of $4.7 million includes $0.7 million of FX losses       
Press Release
May 13, 2024
First Quarter Highlights ●  Revenue of $40.4 million , down 5.7% year-over-year (7.3% on a constant currency basis) ●  Gross margin grew to 24.6%, a 270 bps increase sequentially and 250 bps increase year-over-year ●  Net loss of $2.2 million includes $0.8 million of FX losses       ●  High margin
Press Release
April 1, 2024
Full Year Highlights 2023 revenue of $166.6 million , down 7.7% year-over-year (8.4% on a constant currency basis) Net loss of $11.0 million includes restructuring charges of $6.7 million and transaction fees of $3.0 million High margin Technology segment grows year-over-year to 27% of total