PHOENIX, AZ / ACCESSWIRE / October 30, 2024 / Crexendo®, Inc. (Nasdaq:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, wrapped up its most successful Codefest to date as part of its annual User Group Meeting in Nashville, TN. The highly anticipated event saw unprecedented participation, with 16 groundbreaking entries from developers and partners showcasing innovative solutions built on Crexendo's NetSapiens Platform open API framework, focused heavily on AI-driven advancements and enhanced collaboration tools.
PHOENIX, AZ / ACCESSWIRE / October 22, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced that general sessions of its highly anticipated NetSapiens® Platform User Group Meeting (UGM) begins today in Nashville, Tennessee. This year's sold-out event takes place from October 21st through October 24th, and brings together the highest number of overall attendees, Partners and sponsors in its history, The 2024 User Group Meeting has attracted a 35% year-over-year increase in partner participation, highlighting the incredible momentum and growth of Crexendo's NetSapiens software platform.
PHOENIX, AZ / ACCESSWIRE / October 18, 2024 / Crexendo, Inc. (NASDAQ:CXDO) announced it will hold its third quarter 2024 financial results conference call on November 6, 2024, at 4:30 PM ET. Jeff Korn, Chief Executive Officer, Doug Gaylor, President and Chief Operating Officer and Ron Vincent, Chief Financial Officer, will deliver prepared remarks and conduct a question-and-answer session.
PHOENIX, AZ / ACCESSWIRE / October 17, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, is excited to announce SNOM, a global innovator in professional and enterprise-grade VoIP solutions, as the official event sponsor for the upcoming NetSapiens Platform User Group Meeting (UGM) 2024. The event will take place from October 21st to 24th in Nashville, TN.
Crexendo (CXDO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
PHOENIX, AZ / ACCESSWIRE / October 8, 2024 / Crexendo ® , Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced its partnership with Symbio, a subsidiary of Aussie Broadband Group (ASX: ABB ), to launch AdvancedPBX, a groundbreaking cloud based communications solution. This innovative solution is built on Crexendo's NetSapiens platform which recently surpassed 5 million global users and is the third largest, and fastest growing software platform in North America, according to Frost & Sullivan.
PHOENIX, AZ / ACCESSWIRE / October 1, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced that its AI-powered cloud business communications platform has been recognized for outstanding usability and superior customer satisfaction in G2's Fall 2024 Reports for VoIP, UCaaS, and Customer Communications Management. G2.com is the leading business software review website where end users can research and select solutions reviewed and recommended by real, verified customers.
PHOENIX, AZ / ACCESSWIRE / September 26, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced that its highly anticipated NetSapiens® Platform User Group Meeting (UGM) has surpassed all records of participation and officially sold out all its sponsorships. This year's event has attracted the highest number of sponsors, partners and attendees in its history, underscoring the unparalleled growth and momentum of the NetSapiens software platform.
Crexendo's fundamentals remain strong despite recent stock performance, with significant upside potential driven by hyper-growth and strategic acquisitions in the UCaaS market. The company has shown impressive financial performance, with robust revenue growth, high net income margins, and a growing backlog, particularly in its high-margin Software Solutions segment. Crexendo's valuation is compelling, with the stock trading at attractive levels with a sensitivity analysis pointing to superb upside based on realistic estimates.
PHOENIX, AZ / ACCESSWIRE / September 9, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced the expansion of its global reach, with the opening of new data centers in Sydney and Melbourne, Australia providing support for Crexendo's NetSapiens Platform Partners in that region. This strategic expansion builds on Crexendo's recent partnership with Oracle Cloud Infrastructure (OCI), which was announced in May 2024, marking a pivotal moment in the company's rapid growth and international reach.
PHOENIX, AZ / ACCESSWIRE / August 21, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced their schedule for upcoming investor conferences. Crexendo will discuss with investors its surge in usage to 5 million users, its consecutive string of GAAP profitable quarters, its top-rated customer service and its award-winning disruptive technology.
Crexendo (CXDO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.