Crexendo Inc Stock Price, News & Analysis

Crexendo, a provider of UCaaS and CCaaS solutions, reported a remarkable 113% increase in total revenue for Q3 2021, totaling $8.8 million, compared to $4.1 million in Q3 2020. The company achieved a non-GAAP net income of $800,000, but experienced a GAAP net loss of $(125,000). Operating expenses rose by 120% due to acquisitions. For the nine months ending September 30, total revenue increased 58% to $19.1 million. The company emphasized cash flow management while planning for future growth and operational efficiencies.

Crexendo, Inc. (NASDAQ: CXDO) will host its third quarter 2021 financial results conference call on November 9, 2021, at 4:30 PM EST. Key executives, including CEO Steven G. Mihaylo and CFO Ron Vincent, will present prepared remarks followed by a Q&A session. Domestic participants can join by calling 877-545-0320, while international callers should dial 973-528-0002, using access code 249048. A call replay will be available until November 16, 2021.

Crexendo offers UCaaS and CCaaS solutions and supports over two million users globally.

Crexendo, Inc. (NASDAQ:CXDO), a leading provider of Unified Communications as a Service (UCaaS) and Call Center as a Service (CCaaS), announced its participation in the Channel Partners Conference 2021 in Las Vegas from November 1-4, 2021.

Jon Brinton, the Chief Revenue Officer, will present alongside others on launching UCaaS solutions in under 90 days. The company’s VIP platform will be showcased as a robust solution with advanced customer experience features, having received the 2021 Communications Solution Product of the Year award.

Crexendo, Inc. (NASDAQ:CXDO) has announced the successful conclusion of the 11th annual NetSapiens User Group Meeting (UGM), which took place from October 19th to 22nd at the Coronado Marriott Resort & Spa. The event saw record attendance and focused on training and collaboration within the NetSapiens community. Crexendo's cloud-native communications platform now supports over two million end users globally and was highlighted as the fastest-growing UCaaS platform in the U.S. by Frost & Sullivan. Key executives expressed enthusiasm about the community engagement and future growth.

Crexendo, Inc. (CXDO) announced the release of version 42 of its NetSapiens SNAPsolution, a leading cloud communications platform. The update introduces features such as Enhanced 911 Integrations, Call Center improvements, and support for Ubuntu 20 and Apple SSO. The platform has been recognized as the fastest-growing UCaaS provider in North America, supporting over 2 million end users. Executives express optimism about continued enhancements to increase shareholder value. This release aligns with the company's commitment to meeting market needs.

Crexendo (CXDO) announced its participation at the LD Micro Main Event Conference scheduled for October 12 from 4:00 to 4:30 PM PST. Presentations will be given by Doug Gaylor and Ron Vincent, alongside 1x1 investor meetings on October 12 and 13. The event will feature around 150 companies and keynotes from October 12 to 14 at the Luxe Sunset Bel-Air in Los Angeles. Crexendo is recognized as the fastest growing UCaaS platform in the U.S., supporting over 2 million end users globally.

Crexendo, Inc. (NASDAQ:CXDO) announced the addition of iTelecom as a Master Agent to enhance its VIP platform, a comprehensive cloud business communications solution. This platform offers video collaboration, interactions, and business phone services with a 100% uptime guarantee and has been recognized as the 2021 Communications Solution Product of the Year by TMC. Crexendo's solutions support over 2 million end users globally and it has been acknowledged as the fastest growing UCaaS platform in the U.S. The partnership aims to expand the reach of the VIP platform into new organizations.

Crexendo, Inc. (NASDAQ:CXDO) announced that its communication solutions now support over two million end users globally. The company highlighted the growth of its NetSapiens division, recognized as the fastest growing UCaaS provider in North America. CEO Steven G. Mihaylo emphasized this milestone reflects the platform's acceptance and the team's dedication, with ongoing investments aimed at enhancing customer experience. Crexendo aims to deliver a competitive edge with its VIP platform, offering comprehensive cloud communication services.

Crexendo, Inc. (NASDAQ:CXDO), a leading provider of Unified Communications as a Service (UCaaS) and Call Center as a Service (CCaaS), will participate in the Colliers Institutional Investor Conference virtually on September 9, 2021. Presentations will be delivered by Doug Gaylor, President and COO, and Ron Vincent, CFO. Investors interested in engaging can contact their Colliers Securities representative. Crexendo supports over 1.7 million end users globally and has been recognized as the fastest-growing UCaaS platform in the U.S.