XBP Europe Holdings Inc

XBP Global Holdings, Inc. is a technology and services company operating in the United States, Europe, the Middle East, Africa, and internationally. It operates through two segments: Applied Workflow Automation and Technology. The Applied Workflow Automation segment provides AI-enabled workflow services, including payment processing, data capture, analysis, decisioning, distribution, and transformation, serving industries such as banking, healthcare, utilities, and government. The Technology segment focuses on software licenses, maintenance, professional services, and hardware solutions, with products centered on AI-driven workflows and industry-specific platforms for banking and healthcare. The company was formerly known as XBP Europe Holdings, Inc. and changed its name to XBP Global Holdings, Inc. in July 2025. It is headquartered in Irving, Texas.

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XBP Global raises annualized efficiency target to $65M-$75M

XBP Global raised its targeted annualized operational efficiency range to $65 million to $75 million, up from $55 million to $60 million, during its second quarter 2026 earnings call. CEO Andrej Jonovic said the company expects an in-year benefit of approximately $35 million, while CFO Dejan Avramovic reiterated plans for an approximate 20% workforce reduction by year-end relative to year-end 2025. The company reported Q2 total revenue of $191.3 million, down 14% year-over-year on a pro forma basis, with normalized EBITDA of $21.9 million and adjusted gross margin of 24.9%, its highest to date. Management expects a revenue inflection in the second half of the year and has engaged a financial advisor for its strategic alternatives process.

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