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.
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.
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.
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.
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.
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.