Earnings summaries and quarterly performance for Crexendo.
Executive leadership at Crexendo.
Board of directors at Crexendo.
Research analysts who have asked questions during Crexendo earnings calls.
Eric Martinuzzi
Lake Street Capital Markets
4 questions for CXDO
Mike Latimore
Northland Capital Markets
4 questions for CXDO
Jesse Sobelson
Analyst
3 questions for CXDO
George Sutton
Craig-Hallum
2 questions for CXDO
Matthew Maus
Nichols
2 questions for CXDO
John Roy
Water Tower Research LLC
1 question for CXDO
Joshua Reilly
Needham & Company
1 question for CXDO
Matthew Doull
B. Riley Securities
1 question for CXDO
Matthew Mas
B. Riley Securities
1 question for CXDO
Michael Kaufman
MK Investments
1 question for CXDO
Ryan Koontz
Needham & Company, LLC
1 question for CXDO
Sam McColgan
Breakout Investors
1 question for CXDO
Timothy Horan
Oppenheimer & Co. Inc.
1 question for CXDO
Recent press releases and 8-K filings for CXDO.
- Crexendo reported strong Q3 2025 financial results, with consolidated revenue growing 12% year-over-year to $17.5 million and GAAP net income reaching $1.5 million. The company also achieved non-GAAP net income of $3 million, or $0.10 per share, marking its ninth consecutive quarter of GAAP profitability.
- The software solutions segment demonstrated significant growth, with revenue increasing 28% year-over-year and gross margins improving by 300 basis points to 74%. The company announced it has surpassed 7 million end users on its platform.
- Remaining performance obligations (RPO) increased 14% year-over-year to $87.9 million. Crexendo is investing in AI-driven capabilities, including the new AI Receptionist Orchestrator (Kairo), and anticipates double-digit growth through next year.
- Crexendo, Inc. reported total revenue of $17.5 million for the third quarter of 2025, marking a 12% increase year-over-year, primarily driven by a 28% increase in Software Solutions Revenue to $7.5 million and an 8% increase in Service Revenue to $8.6 million.
- For Q3 2025, the company achieved GAAP net income of $1.5 million, or $0.05 per basic and diluted common share, and Non-GAAP net income of $3.0 million, or $0.10 per basic and diluted common share.
- For the nine months ended September 30, 2025, total revenue increased 12% to $50.1 million, with GAAP net income of $3.9 million and Non-GAAP net income of $8.6 million.
- The company's cash and cash equivalents reached $28.6 million as of September 30, 2025, up from $18.2 million at December 31, 2024, and generated $7.0 million in cash from operating activities for the nine-month period. CEO Jeff Korn highlighted the platform has surpassed 7 million users and is investing in AI-driven capabilities and next-generation collaboration solutions.
- Crexendo Inc reported Q1 2025 revenue of $16.1 million (+12% YoY) with GAAP net income of $1.2 million and non-GAAP net income of $2.6 million.
- Revenue was driven by a 33% increase in software solutions revenue, though partially offset by a 22% decline in product revenue.
- The company made strategic investments in innovation and infrastructure, including progress on data center migrations and a robust $82 million backlog, positioning it for sustainable future growth.
- Differentiated service offerings and competitive pricing have strengthened market positioning, driving customer wins in both software and telecom segments.
- Additional highlights include increased operating expenses alongside improved EBITDA and Adjusted EBITDA, reflecting strong strategic execution and rising market demand.
Quarterly earnings call transcripts for Crexendo.
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