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 (CXDO) is a leading provider of cloud-based communications solutions specializing in UCaaS, call center technology, and secure collaboration tools. This news hub offers investors and industry professionals centralized access to official updates and market developments.
Track essential announcements including quarterly earnings, product innovations, strategic partnerships, and operational milestones. Our curated feed ensures timely access to regulatory filings, leadership updates, and technology deployments that impact CXDO's position in the competitive telecom sector.
Key coverage areas include cloud infrastructure expansions, software solution enhancements, and enterprise customer growth. Users benefit from transparent reporting on CXDO's cost-efficient communication platforms and their adoption across small-to-midsize businesses globally.
Bookmark this page for streamlined monitoring of Crexendo's progress in transforming business communications through scalable, secure technologies. Verify critical information directly through primary sources while maintaining awareness of sector trends influencing CXDO's market trajectory.
Crexendo (NASDAQ:CXDO), a leading cloud communication platform software provider, has announced its participation in the Planet MicroCap Showcase: VEGAS 2025. The event will take place on April 23-24, 2025, at the Paris Hotel & Casino in Las Vegas.
President and COO Doug Gaylor will deliver a presentation on April 23rd at 10:00 AM PT, while both Gaylor and CFO Ron Vincent will be available for one-on-one investor meetings on April 24th. The presentation will showcase the company's strong performance, particularly highlighting their telecom software platform's achievement of surpassing six million users.
Investors can access the live presentation through a webcast link and schedule in-person meetings through the conference registration portal.
Crexendo (NASDAQ: CXDO) has announced its participation in the upcoming 15th Annual LD Micro Invitational, scheduled for April 9th and 10th, 2025, at the Westin Grand Central in New York. Doug Gaylor will represent the company with a presentation on April 10, 2025, at 10:00 AM ET.
The event will showcase 50+ companies and features:
- Registration starting at 2:00 PM ET on April 9th
- Keynote presentations
- CBIZ Offices Rooftop happy hour
- Company presentations beginning at 8:00 AM ET on April 10th
- LD Micro Moneyball Afterparty at the Knickerbocker Hotel
Crexendo highlights its strong continued success and growth plans, noting their long-standing relationship with LD Micro and the conference's track record as one of their most successful investor events annually.
Crexendo (NASDAQ:CXDO), a leading provider of cloud communication platform software and UCaaS solutions, has announced its participation in the 15th Annual LD Micro Invitational at the Wesin Grand Central in New York on April 9th-10th, 2025.
The company's leadership team, including Doug Gaylor (President and COO), Ron Vincent (CFO), and Jeff Korn (CEO and Chairman), will be available for one-on-one meetings with investors. Their presentation is scheduled for Thursday, April 10 at 10:00 AM in Track 2.
During the event, they will showcase Crexendo's strong performance, highlighting their achievement of surpassing six million users on their software platform, and discuss strategic initiatives for future growth and business development.
Crexendo (NASDAQ:CXDO) has announced reaching over 6 million global users on its NetSapiens platform, more than tripling its user base since 2021. The company has established itself as North America's fastest-growing UCaaS software platform, outpacing competitors at twice the rate.
The growth is attributed to Crexendo's session-based pricing model, which offers advantages over traditional seat-based models, allowing service providers greater flexibility and profitability. The platform can be deployed through facilities-based instances, Oracle Cloud Infrastructure (OCI), or hybrid models.
The company's platform provides cloud communication solutions including voice, video, contact center, and managed IT services. With open APIs for customization and a focus on innovation, Crexendo positions its NetSapiens platform as a stable alternative amid market disruption from competitors like Cisco, Microsoft, Avaya, and Mitel.
Crexendo (NASDAQ:CXDO) has expanded its strategic partnership with the National Association of Basketball Coaches (NABC), providing communications services for the 2025 NABC Convention during the NCAA Men's Final Four Tournament in San Antonio.
This marks the twelfth consecutive year of collaboration, with Crexendo powering the Convention's Mobile Command Center through its cloud communications platform. The system delivers real-time connectivity, call management, and mobility support for event operations.
NABC CFO Stephanie Whitcher emphasized the vital role of Crexendo's technology in ensuring seamless operations and exceptional event experience. Crexendo CEO Jeff Korn highlighted the company's commitment to delivering reliable, scalable communication solutions that enable organizations to operate efficiently.
Crexendo (NASDAQ:CXDO), a cloud communication platform software and UCaaS provider, has appointed Todd A. Goergen as Lead Independent Director of its Board of Directors, effective immediately. Goergen, who has served on Crexendo's Board since 2006, brings extensive experience in corporate strategy, governance, and capital markets.
The appointment strengthens Crexendo's corporate oversight and governance practices. CEO and Chairman Jeff Korn highlighted Goergen's deep expertise in corporate leadership and market dynamics as key factors in the selection. In his new role, Goergen will work closely with the Board and executive leadership to drive strategic growth initiatives.
Goergen's background includes advising and leading companies across various industries, with emphasis on technological innovation, operational excellence, and shareholder value creation.
Crexendo (NASDAQ:CXDO) has secured the 2025 Product of the Year Award from Internet Telephony for its NetSapiens Platform, marking its fifth consecutive win and 27th industry accolade. This achievement follows recent recognition including the Generative AI Expo Product of the Year Award and placement on the 2024 Deloitte Technology Fast 500 list.
The company's cloud communication platform software and UCaaS offerings include voice, video, contact center, and managed IT services. Crexendo's platform features session-based pricing instead of seat-based limitations, allowing partners to deploy solutions on-premises, in Crexendo's Oracle Cloud, or in a hybrid model.
Crexendo (NASDAQ:CXDO) reported strong financial results for Q4 and fiscal year 2024. The company achieved total revenue of $60.8 million for the year, up 14% year-over-year, with Q4 revenue reaching $16.2 million, a 15% increase.
Key financial highlights include:
- Annual net income of $1.7 million ($0.06 per share)
- Non-GAAP net income of $7.7 million for 2024
- Software solutions revenue grew 30% to $23.4 million
- Service revenue increased 7% to $31.8 million
- Cash and equivalents reached $18.2 million, up from $10.3 million in 2023
The company's software solutions segment showed particularly strong growth, benefiting from market disruption caused by competitors Cisco and Microsoft. Crexendo's focus on innovation and artificial intelligence applications continues to drive growth in telecom services sales.
Crexendo (NASDAQ:CXDO), a leading software technology company specializing in cloud communication platforms and UCaaS solutions, has announced its participation in the Oppenheimer 10th Annual Emerging Growth Conference, scheduled for February 25-26, 2025. The virtual event will feature Doug Gaylor, President and COO, and Ron Vincent, CFO, who will be available for one-on-one meetings with institutional investors.
During these meetings, management will showcase Crexendo's recent performance and outline future growth strategies and business development opportunities. The company, known for providing voice, video, contact center, and managed IT services to businesses of all sizes, continues to demonstrate strong results in the cloud communication sector.
Interested institutional investors can schedule meetings through their Oppenheimer representative or by contacting opcoconferences@opco.com.
Crexendo (NASDAQ:CXDO) has scheduled its fourth quarter and year end 2024 financial results conference call for March 4, 2025, at 4:30 PM ET. The company's leadership team, including CEO Jeff Korn, President and COO Doug Gaylor, and CFO Ron Vincent, will present prepared remarks and host a Q&A session.
For those interested in participating, the domestic dial-in number is 888-506-0062, while international participants can call 973-528-0011, using access code 834644. Participants are advised to dial in five minutes before the call begins. A replay will be available until March 11, 2025, accessible via 877-481-4010 (domestic) or 919-882-2331 (international) with replay passcode 52036.
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