Latest news with #Crexendo
Associated Press
19-07-2025
- Business
- Associated Press
Crexendo, Inc. to Issue Second Quarter 2025 Financial Results on August 5, 2025, at 4:30 PM ET
PHOENIX, ARIZONA / ACCESS Newswire / July 18, 2025 / Crexendo, Inc. (NASDAQ:CXDO) announced it will hold its second quarter 2025 financial results conference call on August 5, 2025, 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. The dial-in number for domestic participants is 888-506-0062 and 973-528-0011 for international participants and reference participant access code 467741. Please dial in five minutes prior to the beginning of the call at 4:30 PM ET and reference the Crexendo earnings call and access code 467741. A replay of the call will be available until August 12, 2025, by dialing toll-free at 877-481-4010 or 919-882-2331 for international callers. The replay passcode is 52756. About Crexendo ® Crexendo, Inc. is an award-winning software technology company that is a premier provider of cloud communication platform software and unified communications as a service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes. Our cloud communications software solutions currently support over six million end users globally, through an extensive network of over 235 cloud communication platform software subscribers and our direct retail offering. Safe Harbor Statement This press release contains forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a ``safe harbor'' for such forward-looking statements. The words, ``believe,'' ``expect,'' ``anticipate,'' ``estimate,'' ``will'' and other similar statements of expectation identify forward-looking statements. We do not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances, or new information after this press release, or to reflect the occurrence of unanticipated events. Company Contact: Crexendo, Inc. Doug Gaylor President and Chief Operating Officer 602-732-7990 [email protected] SOURCE: Crexendo, Inc. press release
Yahoo
04-07-2025
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Crexendo (CXDO) is a Great Choice
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Crexendo (CXDO), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Crexendo currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if CXDO is a promising momentum pick, let's examine some Momentum Style elements to see if this company holds up. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For CXDO, shares are up 14.67% over the past week while the Zacks Internet - Services industry is up 1.57% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 16.7% compares favorably with the industry's 0.46% performance as well. While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of Crexendo have risen 47.14%, and are up 99.07% in the last year. On the other hand, the S&P 500 has only moved 16.66% and 14.76%, respectively. Investors should also take note of CXDO's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, CXDO is averaging 260,073 shares for the last 20 days. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with CXDO. Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost CXDO's consensus estimate, increasing from $0.28 to $0.29 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Given these factors, it shouldn't be surprising that CXDO is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Crexendo on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Crexendo Inc. (CXDO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
28-06-2025
- Business
- Yahoo
Crexendo Powers BCN's Strategic Expansion of IP Voice Services
Crexendo Inc. (NASDAQ:CXDO) is one of the best telecom stocks to buy according to Wall Street analysts. On June 24, Crexendo announced that BCN made a significant strategic investment aimed at expanding the capacity of BCN's IP Voice services, which are built on Crexendo's NetSapiens platform. BCN's Cloud Voice services are experiencing an accelerating demand for IP-enabled solutions, such as UCaaS, Call Center functionalities, SIP trunking, and Plain Old Telephone Service/POTS replacement. The expansion is crucial for BCN to support businesses transitioning from outdated and traditional TDM (Time-Division Multiplexing) infrastructure to more modern and scalable communication systems. A telecommunications tower in a rural setting, showing the reach of cloud telecom services. POTS replacement refers to the process of transitioning from traditional analog telephone lines/POTS to modern digital communication systems like VoIP, cellular, or cloud-based solutions. The President and COO of BCN, Julian Jacquez, believes that the high adoption of the company's POTS Replacement solutions has driven this capacity increase. With increased platform capacity, BCN is positioned to better support its nationwide network of technology advisors. Crexendo Inc. (NASDAQ:CXDO) provides cloud communication platform software and unified communications as a service in the US and internationally. BCN is a US-based managed network and technology solutions provider. While we acknowledge the potential of CXDO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
12-06-2025
- Business
- Associated Press
Crexendo CEO Jeff Korn to Speak at Cloud Communications European Summit
PHOENIX, AZ / ACCESS Newswire / June 12, 2025 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as a service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, today announced that Jeff Korn, the company's CEO and Chairman, will be a featured speaker at the upcoming Cloud Communications European Summit in Brussels, Belgium, on June 17, 2025. Hosted by the Cloud Communications Alliance (CCA), the European Summit convenes influential telecom, cloud, and IT leaders from across the continent to explore the most exciting opportunities and transformative trends shaping the future of the communications landscape. With a backdrop of accelerating digital transformation, market consolidation, and the rise of AI-powered innovation, this industry-defining event provides a forum for executive-level networking and global thought leadership. Jeff Korn will join fellow CEOs in an innovation-focused keynote panel titled, 'The Power of an Open Best-of-Breed Ecosystem Approach', where he will share Crexendo's bold commitment to openness, flexibility, and how partner-driven innovation is shaping the future of cloud communications. At the heart of this strategy is the NetSapiens® platform, the fastest-growing UCaaS platform in North America that is built on an open API-first architecture with hundreds of off-the-shelf business application integrations giving service providers the ability to tailor every layer of the experience. 'The future of our industry will be led by platforms that are open and collaborative, it's about giving service providers the ability to completely redefine what's possible'. said Jeff Korn, CEO and Chairman of Crexendo 'With Crexendo, our partners can launch faster, differentiate deeper, and not just reshape but completely disrupt their markets on their terms. What makes our ecosystem powerful is the community behind it. Innovation is shared, partners support each other, and together we accelerate what's possible. That's the difference when you build around openness and collaboration.' The panel is expected to be a key highlight of the Summit, drawing service providers, investors, and technology leaders from across Europe and beyond - all eager to connect, collaborate, and shape the next wave of cloud communication innovation. About Crexendo® Crexendo, Inc. is an award-winning software technology company that is a premier provider of cloud communication platform software and unified communications as a service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes. Our cloud communications software solutions currently support over six million end users globally, through an extensive network of over 235 cloud communication platform software subscribers and our direct retail offering. For more information, visit Safe Harbor Statement This press release contains forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a 'safe harbor'' for such forward-looking statements. The words, 'believe,'' 'expect,'' 'anticipate,'' 'estimate,' 'will'' and other similar statements of expectation identify forward-looking statements. Specific forward-looking statements in this press release include Crexendo (i) believing the future of its industry will be led by platforms that are open and collaborative; (ii) believing it's about giving service providers the ability to completely redefine what's possible; (iii) providing the ability for partners to launch faster, differentiate deeper, and not just reshape but completely disrupt their markets on their terms. For a more detailed discussion of risk factors that may affect Crexendo's operations and results, please refer to the company's Form 10-K for the year ended December 31, 2024, and Form 10-Qs as filed with the SEC. These forward-looking statements speak only as of the date on which such statements are made, and the company undertakes no obligation to update such forward-looking statements, except as required by law. Contact Information Doug Gaylor President and Chief Operating Officer [email protected] 602-732-7990 SOURCE: Crexendo, Inc. press release
Associated Press
05-06-2025
- Business
- Associated Press
Crexendo Selected for Inclusion in the Russell 2000 and 3000 Indexes
PHOENIX, ARIZONA / ACCESS Newswire / June 5, 2025 / Crexendo, Inc. (Nasdaq:CXDO), an award-winning software technology company and premier provider of cloud communications platform software and unified communications as a service (UCaaS), today announced that it has been selected to be added to the small-cap Russell 2000® Index and the broad-market Russell 3000® Index following the 2025 annual reconstitution of the Russell indexes. This inclusion is based on the preliminary list of additions released by FTSE Russell on May 23, 2025. Final inclusion is subject to review and is expected to take effect after the U.S. markets open on June 27, 2025. Crexendo is currently a member of the Russell Microcap Index. The broad-market Russell 3000 Index includes the largest 3,000 U.S. public companies by market capitalization. The Russell 2000 Index is a subset of the broader Russell 3000 Index limited to small-cap companies. The indexes are reconstituted annually by re-ranking companies based on total market capitalization as of the reconstitution rank date, which was April 30, 2025, this year. Index membership remains in place for one year and results in automatic inclusion in the relevant growth and value style indexes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to FTSE Russell, approximately $10.6 trillion in assets are benchmarked against the Russell U.S. Indexes. 'This important milestone marks another important step in our continued growth and reflects the strong execution of our long-term strategy and is a testament to our commitment to enhancing shareholder value,' said Jeff Korn, Chairman and CEO of Crexendo. 'We believe inclusion in the Russell indexes will enhance our visibility in the investment community and broaden institutional awareness. It also validates the rapid growth of our platform that now supports over 6 million users and ranks us as the fastest growing UCaaS platform provider in North America according to Frost & Sullivan.' For more information about the Russell indexes and the annual reconstitution process, please visit the 'Russell Reconstitution' section on the FTSE Russell website. About Crexendo® Crexendo, Inc. is an award-winning software technology company that is a premier provider of cloud communication platform software and unified communications as a service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes. Our cloud communications software solutions currently support over six million end users globally, through an extensive network of over 235 cloud communication platform software subscribers and our direct retail offering. For more information, visit Safe Harbor Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words such as 'believe,' 'expect,' 'anticipate,' 'estimate,' and similar expressions. These statements reflect current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Forward-looking statements include, but are not limited to Crexendo (i) believing this milestone marks another important step in its continued growth and reflects the strong execution of its long-term strategy; (ii) believing the inclusion is a testament to its commitment to enhancing shareholder value; believing inclusion in the Russell indexes will enhance visibility in the investment community and broaden institutional awareness; (iii) believing that the inclusion validates the rapid growth of its platform that now supports over 6 million users and ranks us as the fastest growing UCaaS platform provider. For a more detailed discussion of the risks that may impact Crexendo's operations and financial results, please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and its Quarterly Reports on Form 10-Q, filed with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements, except as required by law. Investor Contact: Doug Gaylor President and Chief Operating Officer [email protected] 602-732-7990 SOURCE: Crexendo, Inc. press release
