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Crexendo Inc Stock Price, News & Analysis

CXDO Nasdaq

Welcome to our dedicated page for Crexendo news (Ticker: CXDO), a resource for investors and traders seeking the latest updates and insights on Crexendo stock.

Crexendo Inc (CXDO) is a leading provider of cloud-based communications solutions specializing in UCaaS, call center technology, and secure collaboration tools. This news hub offers investors and industry professionals centralized access to official updates and market developments.

Track essential announcements including quarterly earnings, product innovations, strategic partnerships, and operational milestones. Our curated feed ensures timely access to regulatory filings, leadership updates, and technology deployments that impact CXDO's position in the competitive telecom sector.

Key coverage areas include cloud infrastructure expansions, software solution enhancements, and enterprise customer growth. Users benefit from transparent reporting on CXDO's cost-efficient communication platforms and their adoption across small-to-midsize businesses globally.

Bookmark this page for streamlined monitoring of Crexendo's progress in transforming business communications through scalable, secure technologies. Verify critical information directly through primary sources while maintaining awareness of sector trends influencing CXDO's market trajectory.

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Crexendo (NASDAQ:CXDO), a cloud communication platform and UCaaS provider, has appointed Santosh Panattu as Senior Vice President of Infrastructure and Global Cloud Operations. Panattu brings nearly 20 years of experience in cloud infrastructure and operational excellence.

Previously at RingCentral for over 10 years, Panattu served as Vice President of Engineering, DevSecOps & SRE, where he managed cloud operations for over 7 million users. His achievements include implementing 99.999% reliability and reducing mean time to resolution by 50%. He holds 11 patents and will oversee Crexendo's infrastructure and global engineering support.

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Crexendo (NASDAQ:CXDO) has announced full integration support for six additional Mitel 6900 Series IP phones on its NetSapiens platform, bringing the total supported Mitel devices to sixteen. This expansion establishes Crexendo as having the broadest IP phone compatibility in the industry.

The integration aims to provide service providers and customers with greater flexibility in choosing solutions while maintaining consistent features and user experience. Additionally, Mitel has joined Crexendo's NetSapiens Ecosystem Vendor Partner Program (EVPP) and will sponsor the upcoming NetSapiens Platform User Group Meeting (UGM), which is expected to be the largest in the event's history.

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Crexendo (NASDAQ:CXDO), a cloud communication platform and software technology company, has announced its upcoming investor conference schedule for late 2025. The company plans to highlight its 8 consecutive GAAP profitable quarters, AI-enabled applications, and progress toward seven million users.

The conference schedule includes presentations at the Oppenheimer Technology Conference (August 12-13), H.C. Wainwright Global Investment Conference (September 8-10), Lake Street Capital Markets Conference (September 11), LD Micro Main Event (October 19-21), and Needham Tech Week (November 20-21). During these events, Crexendo will showcase its NetSapiens software technology, sessions-based business model, and award-winning unified communications solutions.

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Crexendo (NASDAQ:CXDO) reported strong Q2 2025 financial results, with total revenue increasing 13% year-over-year to $16.6 million. The company's software solutions segment showed impressive growth of 31%, reaching $7.0 million. GAAP net income doubled to $1.2 million ($0.04 per share) from $0.6 million in Q2 2024.

The cloud communication platform provider maintained profitability for the eighth consecutive quarter of GAAP profitability and 27th consecutive quarter of Non-GAAP net income. Non-GAAP net income reached $2.9 million ($0.10 per basic share), while Adjusted EBITDA improved to $2.8 million. The company's cash position strengthened to $23.5 million, up from $18.2 million at the end of 2024.

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Crexendo (NASDAQ:CXDO) has scheduled its second quarter 2025 financial results conference call for August 5, 2025, at 4:30 PM ET. The company's leadership team, including CEO Jeff Korn, President and COO Doug Gaylor, and CFO Ron Vincent, will present prepared remarks followed by a Q&A session.

Domestic participants can dial 888-506-0062 while international participants should use 973-528-0011 with access code 467741. A replay will be available until August 12, 2025, accessible via 877-481-4010 (domestic) or 919-882-2331 (international) using replay passcode 52756.

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Crexendo (NASDAQ:CXDO) has announced the successful completion of key migration milestones to Oracle Cloud Infrastructure (OCI). The company has migrated its European and Australian NetSapiens Hosted Licensees and U.S. VIP™ offering to OCI from legacy infrastructure.

The migration provides NetSapiens platform partners with enterprise-grade security, high availability, and rapid deployment capabilities while maintaining brand control. Built on OCI's Security-First Architecture, the move enables partners to deliver advanced communications services without significant infrastructure costs or management overhead.

The company is now focusing on the final phase of migrating the remaining U.S. NetSapiens hosted licensees to OCI, which will complete Crexendo's global infrastructure vision.

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Crexendo (NASDAQ:CXDO), a cloud communication platform provider, announced that BCN has made a strategic investment to expand the capacity of its IP Voice services. BCN's Cloud Voice services, built on Crexendo's NetSapiens platform, are experiencing accelerating demand for IP-enabled solutions including UCaaS, Call Center, SIP trunking, and POTS replacement.

The expansion strengthens BCN's ability to help businesses transition from traditional TDM infrastructure to modern, scalable communications. BCN's President and COO Julian Jacquez highlighted that the expansion was driven by high adoption of their POTS Replacement solutions, while Crexendo's CEO Jeff Korn emphasized their commitment to enabling service providers to innovate without per-seat constraints.

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Crexendo (NASDAQ:CXDO) CEO Jeff Korn will be a featured speaker at the Cloud Communications European Summit in Brussels on June 17, 2025. Korn will participate in a keynote panel titled 'The Power of an Open Best-of-Breed Ecosystem Approach', discussing Crexendo's commitment to open platforms and partner-driven innovation. The company's NetSapiens platform, which is the fastest-growing UCaaS platform in North America, features an open API-first architecture with hundreds of business application integrations. The Summit, hosted by the Cloud Communications Alliance (CCA), brings together telecom, cloud, and IT leaders to explore opportunities and trends in communications technology.
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Crexendo (NASDAQ:CXDO) announced that six of its Service Provider licensees using the NetSapiens Platform have won TMCnet's 2025 Unified Communications Product of the Year Awards. The achievement highlights the platform's position as the fastest-growing UCaaS platform in North America, offering features like deep API access, extensive integration ecosystem, and full customization capabilities. The NetSapiens Platform provides a comprehensive solution including voice, video, messaging, contact center, and APIs in a unified system. Unlike competitors dealing with fragmented solutions due to industry consolidation, Crexendo's platform is built as an all-in-one, AI-native solution that enables service providers to maintain control over their service delivery and innovation.
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Crexendo (NASDAQ:CXDO) has been selected for inclusion in both the Russell 2000 and Russell 3000 Indexes, effective June 27, 2025, following FTSE Russell's 2025 annual reconstitution. Currently a Russell Microcap Index member, Crexendo's inclusion is based on its market capitalization as of April 30, 2025. The Russell 3000 Index comprises the 3,000 largest U.S. public companies, while the Russell 2000 focuses on small-cap companies. These widely-used indexes influence approximately $10.6 trillion in benchmarked assets. CEO Jeff Korn highlighted this milestone as validation of their growth strategy, noting that Crexendo's UCaaS platform supports over 6 million users and is recognized as North America's fastest-growing UCaaS platform provider by Frost & Sullivan.
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FAQ

What is the current stock price of Crexendo (CXDO)?

The current stock price of Crexendo (CXDO) is $6.26 as of August 27, 2025.

What is the market cap of Crexendo (CXDO)?

The market cap of Crexendo (CXDO) is approximately 182.8M.
Crexendo Inc

Nasdaq:CXDO

CXDO Rankings

CXDO Stock Data

182.83M
16.53M
45.22%
24.85%
2.23%
Telecom Services
Telephone Communications (no Radiotelephone)
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United States
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