Crexendo Software Platform Growth Surges to Surpass 5 Million Users
PHOENIX, AZ / ACCESSWIRE / August 13, 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 it has surpassed 5 million global users*. Crexendo's software platform is the third largest, and fastest growing software platform in North America, according to Frost & Sullivan, and is growing at nearly twice the rate of the two largest platform providers in the UCaaS industry, thus firmly establishing Crexendo as a top-tier provider on a global stage.
Compared to Estimates, Crexendo (CXDO) Q2 Earnings: A Look at Key Metrics
The headline numbers for Crexendo (CXDO) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Crexendo (CXDO) Surpasses Q2 Earnings and Revenue Estimates
Crexendo (CXDO) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.04 per share a year ago.
Crexendo Delivers Strong Second Quarter Results
PHOENIX, AZ / ACCESSWIRE / August 6, 2024 / Crexendo, Inc. (NASDAQ:CXDO), an award-winning premier provider of cloud communication platform and services, video collaboration and managed IT services designed to provide enterprise-class cloud solutions to any size business, today announced financial results for the second quarter ended June 30, 2024. Financial highlights: Revenue of $14.7 million, up 16% year-over-year Net income of $0.6 million, up 220% year-over-year Non-GAAP net income of $2.1 million, up 91% year-over-year EPS of $0.02 per basic and diluted common share, up 200% year-over-year Non-GAAP EPS of $0.08 per basic and $0.07 per diluted common share, up 100% and 75%, respectively year-over year.
Crexendo International is Honored as Finalist for Comms Council UK 2024 Awards
PHOENIX, AZ / ACCESSWIRE / July 30, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning premier provider of cloud communication platforms and services, video collaboration and managed IT services designed to provide enterprise-class cloud solutions to any size business, today announced that its NetSapiens Platform has been named a finalist in the Best Industry Enabler category at the prestigious 2024 Comms Council UK Awards. This recognition highlights Crexendo's commitment to driving innovation and excellence in the telecommunications industry on a global stage.
Crexendo, Inc. to Issue Second Quarter 2024 Financial Results on August 6, 2024, at 4:30 PM ET
PHOENIX, AZ / ACCESSWIRE / July 16, 2024 / Crexendo, Inc. (NASDAQ:CXDO) announced it will hold its second quarter 2024 financial results conference call on August 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.
Crexendo Names Tim Wilbourn as Senior Vice President of Support and Customer Success
PHOENIX, AZ / ACCESSWIRE / June 19, 2024 / Crexendo, Inc. (NASDAQ:CXDO), an award-winning premier provider of cloud communication platforms and services, video collaboration, and managed IT services designed to provide enterprise-class cloud solutions to any size business, is excited to announce the appointment of Tim Wilbourn as the new Senior Vice President of Support and Customer Success. Mr. Wilbourn brings over a decade of expertise in customer experience and strategic leadership within the Software as a Service (SaaS) and Unified Communications as a Service (UCaaS) sectors.
Crexendo Secures INTERNET TELEPHONY Product of the Year Award for Fourth Consecutive Year
PHOENIX, AZ / ACCESSWIRE / June 6, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning premier provider of cloud communication platforms and services, video collaboration, and managed IT services designed to provide enterprise-class cloud solutions to any size business, today announced that the Crexendo NetSapiens software platform has received the 2024 INTERNET TELEPHONY Product of the Year Award by TMC, a global, integrated media company. "This accomplishment underscores our unwavering commitment to delivering unparalleled innovation, which I am convinced is the reason for our remarkable growth.
Down -32.47% in 4 Weeks, Here's Why You Should You Buy the Dip in Crexendo (CXDO)
Crexendo (CXDO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
