B curr ent asset:. Exela has also posted additional historical financial information regarding SourceHOV and on a combined basis to its investor relations website, http: All of these costs are variable and dependent upon the nature of the actions being implemented and can vary significantly driven by business needs. Capital expenditures for the third quarter of was 1. Adjusted EBITDA also seeks to remove the effects of integration and related costs to achieve the savings, any expected reduction in operating expenses due to the Business Combination, asset base such as depreciation and amortization and other similar non-routine items outside the control of our management team.
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Exela has also posted additional historical financial information regarding SourceHOV and on a combined basis to its investor relations website, http: The above guidance is based on third quarter results. Optimization and restructuring expenses and merger adjustments are primarily related to the implementation of strategic actions and initiatives related to the Business Combination. Exela believes that the presentation of these non-GAAP financial measures will provide useful information to investors in assessing our financial performance, results of operations and liquidity and allows investors to better understand the trends in our business and to better understand and compare our results.
F eig curr ency slsti 9 JUStme 3. C11rent paticra of capitsJ lease obligsticras C11re paticra f long-m debt Tot al current liabilities Lcrag-m debt. The replay passcode is A supplemental slide presentation that accompanies this call and webcast can be found on the investor relations website http: Iv s s 40, 8, 39, 4 Pro Forma Third Quarter vs. Tot digiatl current asset s Property. Earnings Conference Call and Audio Webcast Exela will host a conference call to discuss its third quarter financial results today at 5: As of September 30,total shares outstanding were , which includes 1, of treasury stock and 5, shares for outstanding preferred shares on an as-converted basis.
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Accordingly, due to that significant variability, we exclude these charges since we do not believe they truly reflect our past, current or future operating performance. For more information, please refer to the reconciliation of reported to pro forma financial results contained in the Schedules to this press release. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP financial measures and therefore the basis of presentation for these measures may not be comparable to similarly-titled measures used by other companies.
zome These non-GAAP digita, measures are not required to be uniformly applied, are not audited and should not be considered in isolation or as substitutes for results prepared in accordance with GAAP. These forward-looking statements include statements regarding our industry, digitxl events, the estimated or anticipated future results and benefits of the business combination of Quinpario Acquisition Corp. All of these costs are variable and dependent upon the nature of the actions being implemented and can vary significantly driven by business needs.
Please refer to the pro forma revenue reconciliation contained in this press release for the third quarter of Exela Technologies Schedule 1: Financial information contained in this press release, unless otherwise stated, is presented pro forma for the business combination of Quinpario Acquisition Digjtal.
Certain statements included in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of Due to rounding, numbers presented throughout this document may not add up precisely to the totals provided and percentages may not precisely reflect absolute figures.
The increasing market receptiveness to DigitalNowSM has exceeded our expectations, and therefore we have accelerated our investments for future profitable growth. Exela Technologies Schedule 3: Our BPA suite of solutions are deployed in banking, healthcare, insurance and other industries to support mission critical environments.
These statements are based on the current expectations of Exela management and 4. Find out more at www. Exela does not consider these non-GAAP measures in isolation or as an alternative to liquidity or financial measures determined in accordance with GAAP.
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B curr ent asset:. Exela Technologies Schedule 2: Assets acquired through capital lease arrangements 9, 2, Leasehold improvements funded d865l lessor 1, 74 Issuance of common stock as consideration for Novitex -Accrued capital expenditures 1, 3, Accretion of dividend equivalents – 16, Exela partners with customers to improve user experience and quality through operational efficiency.
Guidance is based on constant-currency.
Please refer to attached schedules for reconciliations. Results in LLPS are event driven and were negatively impacted by projects that generated lower revenue.