Exela Technologies, Inc. (XELA) Q2 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Excella Technologies second quarter 2023 financial results conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your touchtone phone. Please note this event is being recorded. I would like now to turn the conference over to Vince Condoviti, Vice President of Corporate Development. Please go ahead. Thanks, Alan, and thank you for joining our second quarter 2023 conference call. As per usual practice, our earnings release and presentation are posted to the IR section of our website. Speakers on today's call are Par Chadha, Executive Chairman, and Srikanth Sotar, our Chief Financial Officer. Today's agenda will be similar to previous calls. PAR will provide an overview of our results, and Srikanth will walk you through our financial performance. We expect this call to last less than half an hour. Some of the matters we will discuss today's call are forward-looking and involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially. Thoughts for risks and uncertainties are set forth in our press release. So, without further ado, I'll turn over the call to PAR, our Executive Chairman. Thanks, Vin. Our improving metrics in the second quarter are a result of many factors, but certain ones stand above all. Focus on cost management, debt reduction, and our value propositions for services solutions enhanced by evolving AI. Our results speak for themselves and I'll walk you through a few slides that highlight them. Let's turn to slide number three. For shareh...