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CREXENDO (CXDO) Stock News

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Crexendo, Inc. reports developments across its cloud communications and unified communications as a service business. Company news centers on cloud communication platform software, voice, video, contact center capabilities, managed IT services, and customer or partner deployments that use Crexendo technology for business communications.

Recurring updates also cover quarterly and annual financial results, service, software solutions and product revenue trends, investor presentations, third-party software-market recognition, and capital or strategic actions. Recent company history includes the completed acquisition of Estech Systems, LLC, a cloud communications provider and long-tenured NetSapiens platform licensee, which expanded Crexendo's operating scale in cloud communications.

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Crexendo (CXDO) announced participation in three investor conferences, where its chief executive, president and chief financial officer will meet investors.

The schedule lists the Maxim Growth Summit on October 13, 2026, in New York; the LD Micro Main Event on October 20–21 in Los Angeles; and the Craig-Hallum Alpha Select Conference on November 17 in New York. Crexendo's LD Micro group presentation is scheduled for October 21 at 11:00 a.m. on Track 1.

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Crexendo (CXDO) will hold its third-quarter 2026 financial results conference call on November 3, 2026, at 4:30 PM ET. CEO Jeff Korn, President and COO Doug Gaylor, and CFO Ron Vincent will deliver prepared remarks and conduct a question-and-answer session. A replay will be available until November 17, 2026.

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Crexendo (CXDO) announced a strategic partnership with Meetric, an AI-powered conversation intelligence platform, on September 21, 2026. Meetric joins Crexendo’s Ecosystem Vendor Program, adding omnichannel conversation analytics across voice, video meetings, team chat, email and in-person interactions for more than 250 Crexendo platform licensees and over eight million end-users.

The Meetric solution is offered as a white-label service, enabling licensees to brand it as their own and create new recurring-revenue streams from existing customer conversations. Crexendo describes this as the third AI capability added to its platform in 2026, aligned with a strategy to expand AI-driven, recurring-revenue services and increase revenue opportunity per user as adoption grows.

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Crexendo (CXDO) reported that its cloud communication and AI-powered platform earned multiple Number 1 rankings and badges in G2's Fall 2026 reports, based on independently verified customer reviews. The company was recognized across VoIP, UCaaS, contact center, customer communications management and artificial intelligence categories.

Crexendo ranked Number 1 in AI Text Generation and AI Text Summarization, and extended long-running customer satisfaction streaks: Ease of Doing Business With for the 20th consecutive quarter, Best Meets Requirements for the 19th, and Users Most Likely to Recommend for the 14th. It also received its seventh consecutive Best Relationship badge and fifth consecutive Best Usability award, along with Highest User Adoption and Momentum Leader awards for VoIP and UCaaS, while maintaining a 4.9 out of 5-star rating for the 18th straight quarter.

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Crexendo (NASDAQ:CXDO) announced a strategic partnership with Tresic, an AI-native conversation intelligence platform, under Crexendo’s Ecosystem Vendor Program. The deal enables more than 250 Crexendo platform licensees to offer branded, AI-powered conversation intelligence services to their existing business customers as a recurring-revenue offering.

The Tresic solution captures voice and messaging conversations flowing through Crexendo’s platform and converts them into tasks, alerts, compliance evidence, and insights, without requiring system replacement or major infrastructure investment. According to Crexendo, the partnership expands its AI portfolio, which now includes AI receptionist, conversation intelligence and standards-based conversational data, supporting over 8 million end-users globally.

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Crexendo (NASDAQ:CXDO) announced that its upcoming NetSapiens Version 46 software release will add native, platform-level support for the emerging IETF vCon standard, which standardizes conversational data such as voice, video, text, webchat and email into a portable, AI-ready format.

According to Crexendo, integrating vCon directly into the core platform will allow its network of 250+ platform licensees, collectively serving over eight million end users, to more efficiently build and deploy AI-powered customer engagement services. The company believes this early vCon adoption can help service providers pursue new AI use cases, deepen customer relationships and expand recurring-revenue opportunities across the Crexendo ecosystem.

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Crexendo (NASDAQ:CXDO) will participate in three investor conferences in August and September 2026. Management, including the CEO, President/COO and CFO, will meet investors and discuss topics such as the acquisition and integration of Estech Systems (ESI), NetSapiens platform growth to over 8 million users, sustained GAAP and non-GAAP profitability, and the company’s growth strategy.

Events include the virtual Lytham Partners 2026 Consumer & Technology Investor Summit on August 18, 2026, the Lake Street 10th Annual BIG Conference on September 10, 2026 in New York City, and the H.C. Wainwright 28th Annual Global Investment Conference on September 14–15, 2026 in New York City.

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Crexendo (NASDAQ:CXDO) announced that its AI-enhanced UCaaS cloud communications platform now supports over 8 million users worldwide, up by about one million users since late 2025. The platform user base has increased more than 370% since the June 2021 acquisition of NetSapiens, when it supported approximately 1.7 million users.

According to Crexendo, its technology is delivered through a global community of over 250 cloud communications platform software subscribers, and it added 11 new licensees in the first half of 2026. The company highlights AI innovations such as its CAIRO AI Receptionist/Orchestrator, which has received 2026 industry awards for AI and automation capabilities.

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Crexendo (NASDAQ:CXDO) reported second quarter 2026 results with total revenue up 49% year-over-year to $24.6 million. Service revenue rose 78% to $14.9 million, software solutions revenue grew 5% to $7.3 million, and product revenue increased 104% to $2.5 million. GAAP net income was $1.1 million, or $0.03 per share, versus $1.2 million a year earlier, while non-GAAP net income increased to $4.1 million, or $0.12 per share. EBITDA reached $3.0 million and adjusted EBITDA rose to $4.1 million.

For the first six months of 2026, revenue grew 39% to $45.4 million, with non-GAAP net income of $7.3 million and adjusted EBITDA of $7.3 million. Cash from operations increased to $4.8 million, but cash and equivalents declined to $18.3 million, mainly due to $26.2 million used for an acquisition. The company highlighted strong platform momentum, the contribution of the ESI acquisition, and expanding operating cash flow.

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Crexendo (NASDAQ:CXDO) appointed longtime technology leader Chris Aaker as Chief Technology Officer, effective August 1, 2026, as part of a planned technology leadership succession. Current CTO and NetSapiens co-founder David Wang will remain full-time with Crexendo as Senior Vice President of Platform and Architecture.

Aaker, currently Senior Vice President of Engineering, has spent nearly two decades with NetSapiens and Crexendo, leading engineering for the NetSapiens platform serving nearly eight million users and driving initiatives in modernization, reliability, cloud architecture, security, AI and technical due diligence. According to Crexendo, this internal promotion is designed to maintain continuity while supporting the next stage of innovation in its cloud communications platform and services.

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FAQ

What is the current stock price of CREXENDO (CXDO)?

CREXENDO (CXDO) last closed at $5.8.

What is the market cap of CREXENDO (CXDO)?

The market cap of CREXENDO (CXDO) is approximately $192.9M.