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Crexendo Inc - CXDO STOCK NEWS

Welcome to our dedicated news page for Crexendo (Ticker: CXDO), a resource for investors and traders seeking the latest updates and insights on Crexendo.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Crexendo's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Crexendo's position in the market.

News
Crexendo, Inc. to Issue First Quarter 2024 Financial Results on May 7, 2024, at 4:30 PM EST
Rhea-AI Summary
Crexendo, Inc. (NASDAQ:CXDO) will release its first quarter 2024 financial results on May 7, 2024, at 4:30 PM EST. The conference call will feature Jeff Korn, Doug Gaylor, and Ron Vincent providing insights and conducting a Q&A session.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.28%
Tags
earnings
-
News
Crexendo to Present at The Planet MicroCap Showcase: VEGAS 2024
Rhea-AI Summary
Crexendo, Inc. (CXDO) will be presenting at the Planet MicroCap Showcase: VEGAS 2024, highlighting their successful growth and results. The President, and COO will be available for 1x1 meetings with investors. Interested parties can register for the event online or watch the live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.89%
Tags
conferences
-
News
Crexendo Growth Surges with Four and a Half Million Users on its Software Platform With Platform Growing At Nearly Twice The Industry Average
Rhea-AI Summary
Crexendo, Inc. (NASDAQ:CXDO) reports a surge in growth with over 4.5 million users on its cloud communication platform, a 150% increase since acquiring NetSapiens in 2021. The company's platform is growing nearly twice the industry average, earning them the Competitive Strategy Leadership Award for Excellence in Cloud Communications. Crexendo is also recognized as the fastest-growing UCaaS platform in the industry, with outstanding customer service rankings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
Tags
none
News
Crexendo to Ring Nasdaq Closing Bell on April 16, 2024
Rhea-AI Summary
Crexendo, Inc. (NASDAQ:CXDO) announced that it will ring the Nasdaq Stock Market closing bell following the 2024 North American Competitive Strategy Leadership Award win. The company saw a 36% increase in users in 2023, double the industry average. Crexendo continues to show profitable quarters, global user growth, and new technology applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.67%
Tags
none
-
News
Crexendo(R) Ranked #1 in 19 Customer Satisfaction Categories in G2's Spring 2024 Reports, Marking the Fifth Consecutive Quarter That Crexendo Has Been Rated First in Multiple Satisfaction Categories
Rhea-AI Summary
Crexendo, Inc. (NASDAQ:CXDO) has been ranked first in 19 customer satisfaction categories in G2's Spring 2024 Reports for VoIP, UCaaS, and Customer Communications Management. The company also received top ratings in various aspects like usability, support, and product features. Crexendo was recognized as a top trending provider and maintains a 4.9 out of 5-Stars rating. The CEO, Jeff Korn, highlighted the company's growth and innovation in cloud business communications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.56%
Tags
none
-
News
Crexendo to Present at The LD Micro Invitational XIV
Rhea-AI Summary
Crexendo, Inc. (NASDAQ:CXDO) announces participation in the 14th Annual LD Micro Invitational to showcase its cloud communication platforms and services. Executives will present the company's growth and results on April 9th, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
Tags
conferences
News
Crexendo's NetSapiens Platform Powers Reinvent Telecom’s Next-Generation Communications & Collaboration Platform
Rhea-AI Summary
Crexendo, Inc. (NASDAQ:CXDO) partners with Reinvent Telecom to power its next-generation white label UC&C offering. Crexendo's NetSapiens Platform chosen for its capabilities, flexibility, and cost-efficiencies, empowering reseller partners in cloud communications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.18%
Tags
none
-
News
Crexendo Announces Fourth Quarter and Fiscal Year 2023 Record Results
Rhea-AI Summary
Crexendo, Inc. (CXDO) reported strong financial results for the fourth quarter and fiscal year ended December 31, 2023. The company saw a 42% increase in total revenue to $53.2 million for the year, with a GAAP net loss of $(0.4) million and non-GAAP net income of $6.6 million. Fourth quarter revenue rose by 24% to $14.2 million, with GAAP net income of $0.1 million and non-GAAP net income of $1.6 million. Operating expenses decreased significantly, and the company reported positive EBITDA and Adjusted EBITDA figures. Crexendo also received Frost & Sullivan's 2024 Competitive Strategy Leadership Award for Excellence in Cloud Communications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.82%
Tags
earnings
-
News
Crexendo Announces Its 11th Year Providing the Mobile Command Center Communications at the NABC Convention
Rhea-AI Summary
Crexendo, Inc. (NASDAQ:CXDO) partners with the National Association of Basketball Coaches (NABC) for the eleventh year to provide cloud communication solutions during the NCAA Men's Final Four Tournament. Approximately 3,000 coaches will benefit from Crexendo's platform for smooth operations and logistics during the convention.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
Tags
none
News
Crexendo to Present at the 36th Annual Roth Conference March 17-19, 2024, The Ritz Carlton Laguna Niguel in Dana Point, CA
Rhea-AI Summary
Crexendo, Inc. (CXDO) will be presenting at the 36th Annual Roth Conference to showcase its growth and results. The company offers cloud communication, video collaboration, and managed IT services to over four million end users globally. Key executives will be available for individual meetings with investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
Tags
conferences
Stock CXDO logo
Crexendo Inc

Nasdaq:CXDO

CXDO Rankings

#4194 Ranked by Market Cap
#4140 Ranked by Stock Gains
N/A Ranked by Dividends

CXDO Stock Data

120.91M
10.40M
60.42%
9.53%
1.07%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
United States
Tempe

About CXDO

crexendo inc. is a full-service cloud telephone system provider that delivers productivity enhancing tools and cost savings to customers ranging in size from smb to mid-sized enterprise; including free call center, reports, and unified communications. our services are designed to make businesses more efficient at affordable monthly rates that are typically 20-60% less than their current telecom expenses. crexendo is fully committed to the reliability and security of our cloud systems. starting with a world-class data center featuring multiple levels of redundancy and the highest level of security defenses, every facet of our development is benchmarked against the maximum security and reliability standards. crexendo is pci compliant, and is a registered clec across the united states and canada. for more information about crexendo products visit www.crexendo.com.