Crexendo Inc
NASDAQ:CXDO

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Crexendo Inc
NASDAQ:CXDO
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Price: 6.86 USD 0.29% Market Closed
Market Cap: 210.8m USD

Crexendo Inc
Investor Relations

Crexendo, Inc. engages in the provision of telecommunications services, broadband Internet services, and other cloud business services. The company is headquartered in Tempe, Arizona and currently employs 121 full-time employees. The company went IPO on 2004-08-16. The firm operates through two segments: Cloud Telecommunications Services and Software Solutions. Its cloud telecommunications services transmit calls using Internet protocol (IP) or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud. Its cloud telecommunications service offering includes hardware, software, and IP or cloud technology over Internet connection. Its software solutions offering provides a comprehensive suite of unified communications (UC), video conferencing, collaboration & contact center solutions. Its software solutions segment offers software licenses, software maintenance support and professional services.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 4, 2025
AI Summary
Q3 2025

Revenue Growth: Crexendo delivered 12% year-over-year revenue growth in Q3 2025, reaching $17.5 million.

Profitability: The company reported $1.5 million GAAP net income, up from $100,000 last year, marking its 9th consecutive quarter of GAAP profitability.

Software Strength: Software solutions revenue surged 28%, driven by strong platform demand and adoption.

Margin Expansion: Consolidated gross margin improved by 200 basis points to 63%, with software solutions margin rising to 74%.

AI Innovation: Crexendo launched new AI-driven products like the Kairo AI receptionist, expecting a high adoption rate and meaningful revenue lift.

User Milestone: The platform surpassed 7 million end users, highlighting scalability and strong customer adoption.

Guidance & Outlook: Management expects continued double-digit growth into next year, with further margin improvement as cost-saving initiatives kick in.

M&A Pipeline: The company is actively reviewing acquisition targets, aiming to close at least one deal by early next year.

Key Financials
Revenue
$17.5 million
Service Revenue
$8.6 million
Software Solutions Revenue
$7.5 million
Product Revenue
$1.4 million
Gross Margin
63%
Software Solutions Gross Margin
74%
Service Revenue Gross Margin
57%
Product Revenue Gross Margin
35%
Operating Expenses
$16.2 million
Operating Margin
7%
Net Income
$1.5 million
Earnings Per Share
$0.05 per basic and diluted share
EBITDA
$2.1 million
Adjusted EBITDA
$2.9 million
Cash and Cash Equivalents
$28.6 million
Cash Provided by Operating Activities
$7 million (9-month period)
Cash Provided by Financing Activities
$3.4 million (9-month period)
Remaining Performance Obligations
$87.9 million
End Users on Platform
over 7 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Jeffrey G. Korn
CEO & Executive Chairman
No Bio Available
Mr. Douglas Walter Gaylor
COO & President
No Bio Available
Mr. Ronald Vincent
Chief Financial Officer
No Bio Available
Mr. David Wang
Chief Technology Officer
No Bio Available
Mr. Jon D. Brinton
Chief Revenue Officer
No Bio Available
Mr. Anand Buch
Chief Strategy Officer
No Bio Available
Mr. Jason Byrne
Senior Vice President of Marketing
No Bio Available
Mr. Michael Czernaeda
Director of Sales
No Bio Available
Mr. James Murphy
Senior Vice President
No Bio Available
Mr. Bryan J. Dancer
Executive Vice President
No Bio Available

Contacts

Address
ARIZONA
Tempe
1615 S 52nd St
Contacts
+18012270004.0
www.crexendo.com