CXApp - CXAI STOCK NEWS

CXApp Inc. (CXAI), a global technology leader in employee workplace experiences, has rescheduled its Q4 2024 and Annual 2024 financial results conference call from March 31 to Thursday, April 3, 2025, at 1:00 p.m. Pacific Time.

The earnings call will feature Chairman and CEO Khurram Sheikh and CFO Joy Mbanugo, who will discuss financial results and provide updates on the company's AI-native CXAI Platform. Investors can access the call via telephone or webcast, with replay available through April 3, 2026.

CXApp (NASDAQ:CXAI) has appointed Terry Blanchard as Senior Vice President of Engineering, reporting to Chairman and CEO Khurram Sheikh. Blanchard, who brings over 30 years of engineering leadership experience from companies like Apple, WhatsApp(Meta), Microsoft, and NVIDIA, will lead CXAI's global engineering organization.

In his new role, Blanchard will oversee all aspects of CXAI's engineering and development efforts, including software development, AI research, platform architecture, and technical infrastructure. His expertise in software architecture, AI, machine learning, cloud infrastructure, and user-friendly product development will be important in accelerating CXAI's product roadmap and technical strategy.

CXApp Inc. (Nasdaq: CXAI), a global technology leader in employee workplace experiences, has announced its upcoming Q4 2024 and Full Year 2024 financial results conference call scheduled for March 31, 2025, at 4:00 PM Eastern Time.

The conference call will be led by Chairman and CEO Khurram Sheikh and CFO Joy Mbanugo, featuring updates on the company's AI-native CXAI Platform. Participants can join via telephone (U.S. toll-free: 888-506-0062; International: 973-528-0011; access code: 935268) or webcast at the company's website.

A replay will be available through March 31, 2026, on the company's website, and via telephone through April 14, 2025 (U.S.: 877-481-4010; International: 919-882-2331; access code: 52237).

CXApp (NASDAQ:CXAI) reported strong Q3 2024 results with record SaaS metrics, including an 18% increase in recurring revenue and 106% net retention rate. The company achieved its highest quarterly revenue of $1.9M with 80% gross margins, with 88% coming from subscriptions. Key milestones include the successful delivery of the AI-based CXAI pilot platform to a financial services customer and the launch of CXAI Kiosk and CXAI BTS. The company's flagship products, CXAI and CXAI VU, are now available on AWS Marketplace. Non-GAAP operating expenses decreased by 22% year-over-year, showing improved cost management.

CXApp Inc. (Nasdaq: CXAI) announced the availability of its AI-driven employee experience solutions, CXAI and CXAI VU, on AWS Marketplace. The platform integrates customer experience with AI to transform workplace operations, offering personalized employee interactions and generative AI-based analytics.

The solutions provide key benefits including improved employee satisfaction through personalized experiences, enhanced collaboration through automated hybrid workflows, and advanced analytics for real-time insights. The AWS Marketplace integration enables streamlined purchasing and consolidated billing, making deployment more efficient for businesses of all sizes.

CXApp Inc. (Nasdaq: CXAI), a global technology leader in employee workplace experiences, has announced a conference call scheduled for November 12, 2024, at 4:30 PM Eastern Time to discuss their Q3 2024 financial results and provide a business update. The call will be led by Chairman and CEO Khurram Sheikh and CFO Joy Mbanugo, featuring updates on their AI-native CXAI Platform. Participants can join via telephone or webcast, with options for both U.S. and international callers. The webcast replay will be available through November 12, 2025, while the telephone replay will be accessible until November 26, 2024.

CXApp Inc. (Nasdaq: CXAI), a leader in employee workplace experiences, has announced its 2024 Annual Meeting of Shareholders. The virtual-only meeting is scheduled for Thursday, August 29, 2024, at 12:00 PM Eastern Time. Shareholders can access the meeting at www.virtualshareholdermeeting.com/CXAI2024 starting at 11:45 AM ET using their control number.

Participants with a control number can ask questions and vote during the live meeting. Shareholders can also vote prior to the meeting at www.proxyvote.com. A replay of the meeting will be available on the company's website until August 29, 2025.

CXApp Inc. (Nasdaq: CXAI), a leader in employee workplace experiences, has appointed Joy Mbanugo as Chief Financial Officer. With over 22 years of financial leadership experience, Mbanugo brings expertise from roles at Google Cloud, BlackRock, and E&Y. Her most recent position was CFO at ServiceRocket, where she optimized EBITDA and drove growth. At Google Cloud, she played a important role in financial planning and system transformation.

Mbanugo will oversee CXAI's financial strategy and operations as the company expands globally. CEO Khurram Sheikh expressed enthusiasm about her joining the team, citing her extensive experience in financial management and strategic planning as valuable assets for CXAI's growth and development of AI-powered workplace solutions.

CXApp Inc. (Nasdaq: CXAI) announced its Q2 2024 financial results, marking significant progress in its transformation to an AI-native SaaS model. The company reported a 78% increase in renewal and expansion bookings compared to the same period last year, including its largest 'expansion' deal with a major financial sector customer. Key metrics improved, with subscription revenue reaching 85% of total revenue, gross margin increasing to 80%, and a net retention rate of 105%.

CXApp also announced a multi-year, multi-million dollar strategic agreement with Google Cloud for the development and delivery of advanced AI infrastructure, security, and application products. This partnership aims to enhance the CXAI platform, which integrates customer experience with AI to transform workplace efficiency and employee productivity.