Welcome to our dedicated page for Crexendo news (Ticker: CXDO), a resource for investors and traders seeking the latest updates and insights on Crexendo stock.
Crexendo, Inc. (NASDAQ: CXDO) is a software technology company that provides cloud communication platform software and unified communications as a service (UCaaS), with offerings that include voice, video, contact center, and managed IT services. This news page aggregates company-issued updates and other coverage related to Crexendo’s cloud communications platform, AI capabilities, and business performance.
Readers can expect news about product and platform developments, such as the launch of CAIRO, Crexendo's AI Receptionist and Orchestrator, which the company describes as an intelligent, always-on AI phone agent integrated into its cloud communications platform. Coverage also includes announcements about AI-enhanced features, analytics, and integrations that expand what service providers and business customers can do with the platform.
Crexendo regularly releases financial results and management commentary, including quarterly earnings information that details revenue by service, software solutions, and product categories, along with net income, EBITDA metrics, and cash flow data. These updates provide insight into how the company’s cloud telecommunications and software solutions segments are performing.
In addition, this page captures partnership and ecosystem news, such as strategic cooperations with Gamma Communications, carrier relationships with NUSO, integration partnerships with Dubber for compliant recording and AI insights, and sponsorships and collaborations with SNOM and other ecosystem participants. Updates about the NetSapiens Platform User Group Meeting (UGM), record participation levels, and recognition in third-party reports like G2’s rankings for VoIP, UCaaS, and contact center categories are also reflected here.
Investors and industry observers can use this news feed to follow how Crexendo describes the evolution of its AI-enhanced cloud communications platform, its global user base, and its relationships with service providers and technology partners.
Crexendo, Inc. (NASDAQ:CXDO) announced a strategic partnership with Fuse.Cloud, which will replace its Cisco-BroadSoft solution with Crexendo's cloud communication platform. Fuse.Cloud, a leader in VoIP and IT Managed Services, chose Crexendo for its robust, scalable, and feature-rich offering, which supports over 2.5 million users globally. The deal allows Fuse.Cloud to engage with Crexendo on a SaaS model, preserving capital outlay. This partnership further solidifies Crexendo's position as the fastest-growing UCaaS platform in North America, according to Frost & Sullivan.
Crexendo, Inc. (NASDAQ:CXDO) will present at the H.C. Wainwright 24th Annual Global Investment Conference from September 12-14, 2022, in New York City. Doug Gaylor, President, and Ron Vincent, CFO, will lead the presentation on September 14 at 9:30 am ET in the Stanford Room. Crexendo offers Unified Communications as a Service (UCaaS) and Call Center as a Service (CCaaS), supporting over two million users globally. The company is recognized as the fastest-growing UCaaS platform in the U.S. Individual meetings with investors will also be available.
Crexendo (NASDAQ:CXDO) has announced significant achievements in its UCaaS offerings, being recognized with multiple awards including the 2022 Communications Solutions Product of The Year Award and 2022 Pandemic Tech Innovation Award. The company supports over 2.5 million end users globally and is the fastest growing UCaaS platform in the U.S. Crexendo has received 11 awards from G2, highlighting customer satisfaction across various categories. CEO Steven G. Mihaylo emphasized the commitment to customer service and the benefits of their offerings for businesses.
Crexendo, Inc. (NASDAQ:CXDO) announced a quarterly cash dividend of $0.005 per common share on August 9, 2022. This dividend will be paid on September 2, 2022, to stockholders of record as of the close of business on August 23, 2022. Crexendo previously paid the same quarterly dividend on June 10, 2022. Future dividends are subject to Board approval. The company is recognized for its Unified Communications as a Service (UCaaS) platform, supporting over two million end users globally.
Crexendo, Inc. (NASDAQ:CXDO) will host its Q2 2022 financial results conference call on August 9, 2022, at 4:30 PM EST. Executives including CEO Steven G. Mihaylo and CFO Ron Vincent will present and address questions. The call can be accessed domestically at 877-545-0320 and internationally at 973-528-0002, using the access code 716284. A replay will be available until August 16, 2022, via 877-481-4010. Crexendo is a leading provider of UCaaS and CCaaS solutions, supporting over 2.5 million users globally.
Crexendo, Inc. (NASDAQ:CXDO), a leading provider of Unified Communications as a Service (UCaaS), will showcase its award-winning technology at IT EXPO 2022 in Fort Lauderdale from June 21-24, 2022. The company has received numerous accolades, including the Cloud Computing Product of the Year and CRM Excellence Award. Crexendo emphasizes its customer-first approach, supported by positive reviews from G2, highlighting high satisfaction ratings. The company supports over two million end users globally and offers a 100% uptime guarantee for its VIP™ platform.
Crexendo, Inc. (NASDAQ:CXDO) will present at the 12th Annual LD Micro Invitational on June 7th at 2:00 PM PT, held at Four Season Westlake Village. Doug Gaylor, President, and Ron Vincent, CFO, will present and meet with investors on June 7 and 8. Crexendo is recognized as a leading provider of Unified Communications as a Service (UCaaS) and Call Center as a Service (CCaaS), supporting over two million users globally. The presentation can be registered for at this link.
Crexendo, Inc. (NASDAQ:CXDO) announced a quarterly cash dividend of $.005 per share, payable on June 10, 2022, to shareholders on record by May 30, 2022. The company, recognized as the fastest growing UCaaS platform in the U.S., supports over two million end users globally through various sales channels. Crexendo specializes in Unified Communications as a Service (UCaaS) and Call Center as a Service (CCaaS).
Crexendo, Inc. (NASDAQ: CXDO) announces its growth to over 2.5 million end users of its Unified Communications as a Service (UCaaS) platform, marking significant expansion in the telecommunications sector. Recognized as the fastest-growing UCaaS platform in the U.S., the company attributes this success to its robust software solutions and telecom services. CEO Steven G. Mihaylo expressed confidence in future growth and profitability due to this sustained increase in users, which is expected to drive higher revenue and margins for the company.
Crexendo, Inc. (NASDAQ:CXDO) reported a significant 81% year-over-year revenue increase to $8.2 million for Q1 2022, driven by growth in their telecommunications and software services. While service revenue saw a modest 6% increase to $4.4 million, the company reported a GAAP net loss of $1.22 million, up from a loss of $715,000 in Q1 2021. Non-GAAP net income was $405,000, reflecting strong operational performance despite challenges posed by economic uncertainty. Total cash was $5.7 million as of March 31, 2022, signaling ongoing liquidity concerns.