Crexendo
Internet Service Providers, Website Hosting & Internet-related Services · Arizona, United States · 51-200 Employees
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Overview
Headquarters
1225 W Washington St Ste 213, Tempe, Ari...Phone Number
(602) 714-8500Website
www.crexendo.comRevenue
$72.8 MillionStock Symbol
CXDOIndustry
ZI Rank: 2
Signal Type
Jan
Feb
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ZI Rank
2
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About Crexendo
Founded in 1995, Crexendo is a hosted services company that provides hosted telecommunications services, hosted website services, website development software, and broadband internet services for businesses and entrepreneurs. The company's services are designed to make enterprise-class hosting services available to small, medium-sized and enterprise-sized businesses at affordable monthly rates. Crexendo is headquartered in Tempe, Arizona.Explore more
Crexendo Org Chart
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Founded In
Products Owned by Crexendo
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Company Profile Activity
Activity Insights
Crexendo is experiencing very low activity levels compared to other companies in the Telecommunications sector.
What does this means?
Crexendo is drawing exceptional interest within the Telecommunications industry, suggesting notable developments or strong market momentum, learn more about Crexendo.
Crexendo financials insights
Gather financial insights about Crexendo, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2020
Debt
$1M
Crexendo Tech Stack
A closer look at the technologies used by Crexendo
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Most Recent Scoops
Earnings
Crexendo has reported consolidated revenue growth of 18% for Q1, with wholesale organic growth of 12% and retail organic growth of approximately 15%, the latter partially driven by a one-time non-recurring revenue sale of approximately $1 million. Management expects to reach double-digit organic growth on the retail side going forward.
Earnings, Accounting, Financial Reporting, Finance
Earnings
Crexendo has reported a 51% improvement in Technology Service Distributor (TSD) channel sales for Q1, with TSDs bringing larger opportunities ranging from 50 to 300 phones, compared to the historical average customer size of approximately 18 stations paying approximately $350 per month.
Sales, Channel Sales
Earnings
Crexendo has reported a 56% increase in consolidated backlog to $135.6 million, representing contractually obligated future revenue across both software and retail segments, with approximately $46 million slated for 2026 and approximately $42 million for 2027. The backlog increase was substantially driven by the March acquisition of ESItec, which added approximately $45 million in remaining performance obligations.
Earnings, Acquisitions, Contracts, Finance
Earnings
Crexendo has reported 29% total revenue growth in Q1, maintaining GAAP profitability for its 11th consecutive quarter despite approximately $800,000 in acquisition-related costs and approximately $400,000 in intangible amortization costs. Q1 revenue reflected only one month of contribution from the recently acquired ESItec.
Earnings, Acquisitions, Finance
Earnings
Migration, Finance, Financial Operations
Crexendo News & Media
Crexendo CTO sells 50,000 company shares | CXDO Insider Trading - Stock Titan
Crexendo CTO David Tzat-kin Wang sold 50,000 shares of common stock in open-market trades around $7.40–$7.49 and now directly holds 559,747 shares.Crexendo CTO exercises RSUs, shares withheld for tax | CXDO Insider Trading - Stock Titan
Crexendo CTO David Wang converts 7,083 RSUs into common stock while 2,285 shares are withheld at $8.93 and $7.57 for payroll taxes, leaving him with 606,360 shares.Crexendo CTO sells 25,000 shares in open market | CXDO Insider Trading - Stock Titan
Crexendo CTO David Tzat-kin Wang sold 25,000 common shares at $10.01 each in an open-market trade, and now directly holds 604,949 shares.Crexendo Says It’s on Track for $100M Revenue as AI and Acquisitions Fuel Growth
Crexendo (NASDAQ:CXDO) President and Chief Operating Officer Doug Gaylor told investors at an LD Micro presentation that the cloud communications company is on track for sharply higher revenue and is continuing to grow profitably while pursuing acquisitions among its software licensee base. Gaylor
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Founded in 1995, Crexendo is a hosted services company that provides hosted telecommunications services, hosted website services, website development software, and broadband internet services for businesses and entrepreneurs. The company's services are designed to make enterprise-class hosting services available to small, medium-sized and enterpris... Read More
