Crexendo 2025 Q2 Earnings Net Income Doubles 100%

Generado por agente de IAAinvest Earnings Report Digest
miércoles, 6 de agosto de 2025, 11:52 am ET1 min de lectura
CXDO--
Crexendo(CXDO) reported its fiscal 2025 Q2 earnings on Aug 05th, 2025. The results indicate solid performance, with the company doubling GAAP net income year-over-year and delivering a strong revenue beat. No formal guidance was provided, but the company emphasized its strategic focus on profitable growth and infrastructure optimization.

Crexendo’s revenue surged 12.7% year-over-year to $16.55 million in Q2 2025, driven by robust performance in its software solutions segment. The cloud telecommunications services segment contributed $9.58 million, while software solutions revenue reached $6.97 million, highlighting the company’s shift toward high-growth digital offerings.

Earnings showed a 100% year-over-year increase in EPS to $0.04 per share, with GAAP net income rising to $1.23 million from $588,000 in the prior-year quarter. These results underscore Crexendo’s ability to scale its business model while maintaining profitability, despite ongoing investments in infrastructure and product expansion.

The stock price of CrexendoCXDO-- has edged down 2.19% during the latest trading day, has climbed 4.12% during the most recent full trading week, and has tumbled 9.64% month-to-date.

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CEO Jeff Korn highlighted the company’s strong Q2 performance, emphasizing a 13% year-over-year revenue increase driven by a 31% rise in software solutions revenue. He noted the eighth consecutive quarter of GAAP profitability and the 27th consecutive quarter of Non-GAAP net income, crediting the business model’s strength and scalability. Korn acknowledged ongoing investments in infrastructure and product expansion for long-term success, reflecting an optimistic and confident leadership outlook focused on strategic growth and market positioning.

Crexendo recently announced its Q2 2025 results, reporting a 13% year-over-year revenue increase to $16.6 million. The software solutions segment drove the majority of growth, rising 31% to $7.0 million. Service revenue grew modestly by 4% to $8.4 million, while product revenue declined 7% to $1.2 million. GAAP net income doubled to $1.2 million ($0.04 per share), and Non-GAAP net income increased to $2.9 million ($0.10 per basic share). Adjusted EBITDA improved to $2.8 million, demonstrating enhanced operational efficiency. The company’s cash position also strengthened to $23.5 million at quarter-end. Management emphasized continued focus on infrastructure optimization and “profitable growth,” aligning with investor expectations for sustainable business models. The company appears well-positioned with strong financial fundamentals and a strategic direction focused on scaling its software platform and exploring AI applications.

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