CrexendoNASDAQ: CXDO

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-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced it was named one of the fastest growing companies in North America on the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year. Crexendo grew an impressive 225% during the award time period of 2020-2023 and ranked as the 6th fastest growing company in the Communications/Networking category.

Crexendo (CXDO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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 unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced that Akabis has selected Crexendo's NetSapiens Platform as its next-generation solution to replace their Microsoft Metaswitch platform following Microsoft's recent end-of-life (EOL) announcement for its Max-UC solution. In this time of disruption, many service providers are actively seeking trusted partners to support their migration from Metaswitch MaX UC.

The headline numbers for Crexendo (CXDO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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, 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 / October 17, 2024 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, is excited to announce SNOM, a global innovator in professional and enterprise-grade VoIP solutions, as the official event sponsor for the upcoming NetSapiens Platform User Group Meeting (UGM) 2024. The event will take place from October 21st to 24th in Nashville, TN.

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 unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced its partnership with Symbio, a subsidiary of Aussie Broadband Group (ASX: ABB ), to launch AdvancedPBX, a groundbreaking cloud based communications solution. This innovative solution is built on Crexendo's NetSapiens platform which recently surpassed 5 million global users and is the third largest, and fastest growing software platform in North America, according to Frost & Sullivan.

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 communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced that its AI-powered cloud business communications platform has been recognized for outstanding usability and superior customer satisfaction in G2's Fall 2024 Reports for VoIP, UCaaS, and Customer Communications Management. G2.com is the leading business software review website where end users can research and select solutions reviewed and recommended by real, verified customers.

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 impressive financial performance, with robust revenue growth, high net income margins, and a growing backlog, particularly in its high-margin Software Solutions segment. Crexendo's valuation is compelling, with the stock trading at attractive levels with a sensitivity analysis pointing to superb upside based on realistic estimates.