Crexendo, Inc. (CXDO)

NASDAQ: CXDO · Real-Time Price · USD
5.24
+0.21 (4.17%)
At close: Nov 22, 2024, 4:00 PM
5.25
+0.01 (0.19%)
After-hours: Nov 22, 2024, 5:44 PM EST
4.17%
Market Cap 142.01M
Revenue (ttm) 58.76M
Net Income (ttm) 1.23M
Shares Out 27.10M
EPS (ttm) 0.05
PE Ratio 112.70
Forward PE 24.09
Dividend n/a
Ex-Dividend Date n/a
Volume 189,123
Open 5.06
Previous Close 5.03
Day's Range 5.01 - 5.24
52-Week Range 2.59 - 7.59
Beta 1.15
Analysts Strong Buy
Price Target 6.50 (+24.05%)
Earnings Date Nov 6, 2024

About CXDO

Crexendo, Inc. provides cloud communication platform and services, video collaboration, and managed IT services for businesses in the United States and internationally. It operates through two segments, Cloud Telecommunications Services and Software Solutions. The Cloud Telecommunications segment provides telecommunications services that transmit calls using Internet protocol (IP) or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and broadband Internet services, as well as d... [Read more]

IPO Date Jun 29, 1998
Employees 182
Stock Exchange NASDAQ
Ticker Symbol CXDO
Full Company Profile

Financial Performance

In 2023, Crexendo's revenue was $53.20 million, an increase of 41.66% compared to the previous year's $37.55 million. Losses were -$362,000, -98.98% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CXDO stock is "Strong Buy." The 12-month stock price forecast is $6.5, which is an increase of 24.05% from the latest price.

Price Target
$6.5
(24.05% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Crexendo: Microsoft's Exit Relieves Competitive Pressures

Crexendo specializes in UCaaS, integrating business communication apps into a single cloud platform, offering software services with high gross margins. Competition includes cloud infrastructure provi...

12 hours ago - Seeking Alpha

Crexendo Named One of the Fastest-Growing Companies in North America on the 2024 Deloitte Technology Fast 500

The Only UCaaS Software Platform Ranked on the Prestigious List of North America's Fastest-Growing Companies PHOENIX, AZ / ACCESSWIRE / November 21, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winn...

1 day ago - Accesswire

Crexendo's NetSapiens Platform Awarded 2024 Generative AI Expo Product of the Year Award

PHOENIX, AZ / ACCESSWIRE / November 18, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unifi...

4 days ago - Accesswire

Crexendo Selected By Akabis As Replacement For Microsoft Metaswitch Platform

PHOENIX, AZ / ACCESSWIRE / November 12, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unifi...

10 days ago - Accesswire

Crexendo, Inc. (CXDO) Q3 2024 Earnings Call Transcript

Crexendo, Inc. (CXDO) Q3 2024 Earnings Call Transcript

16 days ago - Seeking Alpha

Crexendo Delivers Strong Third Quarter Results

PHOENIX, AZ / ACCESSWIRE / November 6, 2024 / Crexendo, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform and services, video ...

16 days ago - Accesswire

Crexendo's Codefest Draws Record Participation with AI at the Core of Innovation

PHOENIX, AZ / ACCESSWIRE / October 30, 2024 / Crexendo®, Inc. (Nasdaq:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unifie...

23 days ago - Accesswire

Crexendo NetSapiens User Group Meeting Kicks Off in Nashville With Record Attendance and Participation

PHOENIX, AZ / ACCESSWIRE / October 22, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unifie...

4 weeks ago - Accesswire

Crexendo, Inc. to Issue Third Quarter 2024 Financial Results on November 6, 2024, at 4:30 PM ET

PHOENIX, AZ / ACCESSWIRE / October 18, 2024 / Crexendo, Inc. (NASDAQ:CXDO) announced it will hold its third quarter 2024 financial results conference call on November 6, 2024, at 4:30 PM ET. Jeff Korn...

5 weeks ago - Accesswire

Crexendo Announces SNOM as Official Event Sponsor for NetSapiens User Group Meeting

PHOENIX, AZ / ACCESSWIRE / October 17, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unifie...

5 weeks ago - Accesswire

Crexendo Selected By Tier 1 International VoIP Provider Symbio To Support Its Rapid Growth

PHOENIX, AZ / ACCESSWIRE / October 8, 2024 / Crexendo ® , Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unifi...

6 weeks ago - Accesswire

G2's Fall 2024 Reports Highlight Crexendo's AI-Powered Cloud Communications Platform for Outstanding Usability and Superior Customer Satisfaction

PHOENIX, AZ / ACCESSWIRE / October 1, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified...

7 weeks ago - Accesswire

Crexendo Announces Record Level Participation at the Upcoming NetSapiens Platform User Group Meeting with Record Number of Sponsors, Partners, and Attendees

PHOENIX, AZ / ACCESSWIRE / September 26, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unif...

2 months ago - Accesswire

Crexendo: Poised For Long-Term Growth Despite Short-Term Volatility

Crexendo's fundamentals remain strong despite recent stock performance, with significant upside potential driven by hyper-growth and strategic acquisitions in the UCaaS market. The company has shown i...

2 months ago - Seeking Alpha

Crexendo Leverages Oracle Cloud Infrastructure to Fuel Global Growth With New Data Center Partners In Sydney And Melbourne, Australia

PHOENIX, AZ / ACCESSWIRE / September 9, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unifi...

2 months ago - Accesswire

Crexendo Announces Upcoming Investor Conferences

PHOENIX, AZ / ACCESSWIRE / August 21, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified...

3 months ago - Accesswire

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...

3 months ago - Accesswire

Crexendo(R) Supercharges BCN's IP Voice Platform with a Capacity Doubling Breakthrough

PHOENIX, AZ / ACCESSWIRE / August 8, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning premier provider of cloud communication platforms and services, video collaboration and managed IT services ...

3 months ago - Accesswire

Crexendo, Inc. (CXDO) Q2 2024 Earnings Call Transcript

Crexendo, Inc. (NASDAQ:CXDO) Q2 2024 Earnings Call Transcript August 6, 2024 4:30 PM ET

3 months ago - Seeking Alpha

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 de...

3 months ago - Accesswire

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 d...

4 months ago - Accesswire

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, Ch...

4 months ago - Accesswire

Crexendo(R) Honored for Outstanding Platform Usability and Exceptional Customer Relationships in G2's Summer 2024 Reports

The company retained its position as a top trending provider for VoIP, UCaaS, and CCaaS, by real verified customers. PHOENIX, AZ / ACCESSWIRE / July 10, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-...

4 months ago - Accesswire

Crexendo: M&A Strategy To Turbocharge Organically Increasing Cash Flows

Crexendo, Inc. is experiencing double-digit organic growth in mostly recurring revenue with operating expenses to compress, suggesting huge operating leverage potential. The company has the best-in-cl...

5 months ago - Seeking Alpha

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 d...

5 months ago - Accesswire