XBP Europe Holdings, Inc. (XBP)
After hours:
- GlobeNewswire
XBP Europe Awarded a Transformation Project for His Majesty’s Passport Office (HMPO)
NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- XBP Europe (“XBP Europe” or the “Company”) (NASDAQ: XBP and XBPEW), today announced that the Company has been selected by His Majesty’s Passport Office (“HMPO”) as its technology and services partner on a nationwide project, which aims to make documents dating back to 1837 digitally available to the General Register Office (“GRO”). This multi-year contract in the UK has an approximate total contract value of $40 million. A duty to the publicThe GRO, par
- GlobeNewswire
XBP Europe Holdings, Inc. Reports Full Year 2023 Results
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 millionHigh margin Technology segment grows year-over-year to 27% of total revenue in 2023 compared to 24% in 2022Gross margin at 23%, which is inclusive of the restructuring chargesWon a ~$48 million TCV contract in 2023, the largest contract win of the past five yearsWon ~$58 millio
- GlobeNewswire
Exela Technologies and XBP Europe Announce the Launch of Reaktr.ai to Provide Cybersecurity, Data Modernization and Multi-Cloud Management Enabled by AI
Vineet Chaku joins Reaktr.ai as PresidentIRVING, Texas and LONDON, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP) and XBP Europe (“XBP”) (NASDAQ: XBP, XBPEW) announce the launch of a new Global Business Unit, Reaktr.ai. This step follows the successful expansion of FAO services more than a year ago, which was well received by customers, resulting in many new logos and industry accolades. Reaktr.ai is another example of Exela addressing
