CXDO

Crexendo is downgraded from Strong Buy to 'Buy' due to slowing organic growth, despite attractive valuation and strong Service segment performance. Service revenue, boosted by the ESI acquisition, now drives growth and boasts a 67.4% gross margin, nearly matching Software's 71.1%. Organic growth fell to 5% in Q3, well below management's double-digit target, raising concerns about reliance on acquisitions.

Crexendo, Inc. (CXDO) Q3 2026 Earnings Call Transcript

Crexendo NASDAQ: CXDO President and COO Doug Gaylor outlined the company's growth strategy, financial performance and artificial-intelligence product initiatives during a presentation at the LD Micro conference.

PHOENIX, AZ / ACCESS Newswire / October 20, 2026 / Crexendo®, Inc. (NASDAQ:CXDO), ("Crexendo" or the "Company"), an award-winning software technology company supporting over 8 million end users, and 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, today announced that the company is set to hold its record breaking NetSapiens Platform User Group Meeting (UGM). This year's event will have a record number of attendees, licensee companies, and sponsor companies participating in Austin, Texas, from October 26-29.

Phoenix, Arizona--(Newsfile Corp. - October 14, 2026) - Crexendo (NASDAQ: CXDO) announced today that it will participate in the 20th Annual LD Micro Main Event, taking place October 19-21, 2026 at the Luxe Sunset Boulevard Hotel in Los Angeles, California. Crexendo is scheduled to present on Wednesday, October 21, 2026 at 11:00 am PT.

PHOENIX, AZ / ACCESS Newswire / October 12, 2026 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company supporting over eight million end users, and 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, announced today that it will participate in three upcoming investor conferences during August and September 2026. Jeff Korn, Chief Executive Officer and Chairman, Doug Gaylor, President and Chief Operating Officer, and Ron Vincent, Chief Financial Officer, will be available to meet with investors at the conferences.

PHOENIX, AZ / ACCESS Newswire / October 9, 2026 / Crexendo, Inc. (NASDAQ:CXDO) announced it will hold its third quarter 2026 financial results conference call on November 3, 2026, 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.

Crexendo is rated Strong Buy, with ESI integration driving margin improvement despite a sharp slowdown in software growth. CXDO's Q2 revenue rose 49% YoY to $24.6M, but organic growth was only 7% and software revenue grew just 5%, raising concerns. Profitability improved, with gross margin at 65.9% and EBITDA margin at 12.6%. Free cash flow margin reached 10.2%.

PHOENIX, AZ / ACCESS Newswire / September 21, 2026 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company supporting over 8 million end-users, and 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, today announced a strategic partnership with Meetric, an AI-powered conversation intelligence platform. Meetric has also joined Crexendo's Ecosystem Vendor Program, expanding the AI-powered services available to Crexendo's more than 250 platform licensees.

Investors need to pay close attention to CXDO stock based on the movements in the options market lately.