Financial Performance - As of September 30, 2025, the Annualized Exit Monthly Recurring Subscriptions (AERR) was $56,100, an increase from $49,039 as of September 30, 2024, representing a growth of approximately 21%[178] - Total revenue for the three months ended September 30, 2025, was $17,497,000, representing a 12% increase from $15,627,000 in the same period of 2024[189] - Total revenue for the nine months ended September 30, 2025, was $50,106,000, a 12% increase from $44,598,000 in the same period of 2024[192] - Net income for the three months ended September 30, 2025, was $1,450,000, compared to $148,000 in the same period of 2024, marking a significant increase[188] - Non-GAAP net income for the three months ended September 30, 2025, was $3,034,000, compared to $1,700,000 in 2024[202] Revenue Breakdown - Software solutions revenue increased by $1,661,000 to $7,521,000 for the three months ended September 30, 2025, while service revenue rose by $616,000[189] - Service revenue for the three months ended September 30, 2025, increased to $8,607,000, representing an 8% increase from $7,953,000 in the same period of 2024[210] - Software solutions revenue increased by 28% to $7,521 million for the three months ended September 30, 2025, compared to $5,860 million in 2024, attributed to higher recurring software license and maintenance subscriptions[237] - Software solutions revenue increased by 31% to $21,364 million for the nine months ended September 30, 2025, compared to $16,331 million in the same period of 2024[246] Expenses and Costs - The company reported an increase in operating expenses of $3,148,000 for the nine months ended September 30, 2025, primarily due to higher salaries and benefits[193] - Cost of service revenue for the three months ended September 30, 2025, rose to $3,664,000, a 10% increase from $3,336,000 in 2024[213] - Selling and marketing expenses for the three months ended September 30, 2025, increased to $3,215,000, an 8% rise from $2,976,000 in 2024[216] - General and administrative expenses decreased to $1,928,000 for the three months ended September 30, 2025, down 15% from $2,278,000 in 2024[218] - Research and development expenses for the three months ended September 30, 2025, were $122,000, a decrease of 9% from $134,000 in 2024[219] Cash Flow and Financial Position - Net cash provided by operating activities increased by 69% to $6,950 million for the nine months ended September 30, 2025, compared to $4,107 million in 2024[259] - Cash and cash equivalents amounted to $28,573 million as of September 30, 2025, compared to $18,193 million as of December 31, 2024[258] - Other income increased significantly by 283% to $398 million for the nine months ended September 30, 2025, compared to $104 million in 2024, mainly from higher interest income[233] Customer Metrics - The Net Monthly Subscription Dollar Retention Rate was 99% for cloud telecommunications services and 102% for software solutions, indicating strong customer retention and growth potential[186] - The company supports over six million end users globally through more than 235 cloud communication platform software subscribers[162] - Remaining Performance Obligations (RPOs) increased by 11%, or $6,030, to $58,993,000 as of September 30, 2025, compared to $52,963,000 in 2024[212] Market and Operational Insights - The cloud telecommunications contracts typically have a term of 36 to 60 months, contributing to the company's recurring revenue model[165] - The company continues to invest in technology and CPaaS offerings to enhance competitiveness and profitability in the market[173] - The cloud telecommunications services include a range of essential and advanced features, providing significant value to customers without requiring capital investments[171] Other Financial Information - The income tax provision for the nine months ended September 30, 2025, was $(135,000), an increase of 35% from $(100,000) in 2024[194] - Basic earnings per share for the three months ended September 30, 2025, was $0.05, compared to $0.01 in the same period of 2024[188] - The company believes exposure to foreign currency fluctuation from operating expenses is immaterial, as costs do not constitute a significant portion of total expenses[273] - Inflation has not had a material effect on the company's business or financial condition, but significant inflationary pressures could harm operations[275]

Revenue Growth - Total revenue for Q3 2025 increased 12% year-over-year to $17.5 million, up from $15.6 million in Q3 2024[3] - Service revenue for Q3 2025 rose 8% to $8.6 million compared to $8.0 million in Q3 2024[3] - Software solutions revenue surged 28% to $7.5 million, up from $5.9 million in Q3 2024[4] - The company reported a 31% increase in software solutions revenue for the nine months ended September 30, 2025, totaling $21.4 million[8] - Total revenue for Q3 2025 was $17,497,000, representing a 12% increase from $15,627,000 in Q3 2024[26] - Service revenue increased to $8,569,000 in Q3 2025, up 8% from $7,953,000 in Q3 2024[26] - Software solutions revenue grew by 28% to $7,521,000 in Q3 2025, compared to $5,860,000 in Q3 2024[26] Net Income and Earnings - GAAP net income for Q3 2025 was $1.5 million, or $0.05 per share, compared to $0.1 million, or $0.01 per share in Q3 2024[5] - Non-GAAP net income for Q3 2025 was $3.0 million, or $0.10 per share, compared to $1.7 million, or $0.06 per share in Q3 2024[6] - Net income for the nine months ended September 30, 2025, was $3,853,000, a significant increase from $1,170,000 in the same period of 2024[26] - Basic earnings per share for Q3 2025 was $0.05, compared to $0.01 in Q3 2024[27] Cash and Cash Equivalents - Total cash and cash equivalents increased to $28.6 million as of September 30, 2025, from $18.2 million at December 31, 2024[14] - Cash and cash equivalents at the end of Q3 2025 were $28,573,000, up from $15,451,000 at the end of Q3 2024[29] - The company reported a net cash provided by operating activities of $6,950,000 for the nine months ended September 30, 2025, compared to $4,107,000 in the same period of 2024[29] Operating Expenses - Operating expenses for Q3 2025 increased 5% to $16.2 million compared to $15.5 million in Q3 2024[5] - Operating expenses totaled $16,192,000 in Q3 2025, an increase from $15,492,000 in Q3 2024[26] Other Financial Metrics - Adjusted EBITDA for Q3 2025 was $2,943,000, up from $1,761,000 in Q3 2024, reflecting a 67% increase[38] - Total other income for Q3 2025 was $188,000, compared to $59,000 in Q3 2024, indicating improved financial performance[26] User Growth and Strategic Outlook - The company surpassed 7 million users on the Crexendo platform, indicating strong growth and market presence[16] - Management expressed confidence in continued growth driven by investments in AI-driven capabilities and strategic M&A opportunities[16]

Core Insights - Gamma Communications plc and Crexendo, Inc. have announced a strategic cooperation aimed at accelerating international growth for service providers globally [1] - Both companies have chosen Oracle Cloud Infrastructure (OCI) to enhance their platforms and provide secure, scalable cloud services worldwide [1] Company Overview - Gamma Communications is recognized as a leading provider of technology-based communication solutions across Europe [1] - Crexendo is identified as a premier provider of cloud communication platform software [1] Strategic Cooperation - The partnership between Gamma and Crexendo is focused on expanding their reach and capabilities in the international market [1] - The collaboration is expected to benefit service providers by leveraging the strengths of both companies [1] Technology Infrastructure - The selection of Oracle Cloud Infrastructure (OCI) indicates a commitment to utilizing advanced cloud technology for service delivery [1] - OCI will support both companies in delivering secure and scalable cloud services, enhancing their operational efficiency [1]

Core Insights - Crexendo, Inc. has selected NUSO as a preferred carrier for its cloud communications platform [1] - NUSO has increased its investment and commitment to Crexendo's NetSapiens Platform in both the US and Europe [1] Company Overview - Crexendo, Inc. is recognized as a leading software technology company specializing in cloud communication platform software and UCaaS offerings [1] - The company's services include voice, video, contact center, and managed IT services tailored for businesses of all sizes [1] Industry Context - The partnership with NUSO highlights the growing trend of collaboration among cloud communication service providers to enhance service delivery [1] - The expansion of NUSO's investment in Crexendo's platform indicates a positive outlook for cloud communication technologies in the US and European markets [1]

Core Insights - Crexendo, Inc. is a leading provider of cloud communication platform software and UCaaS offerings, including voice, video, contact center, and managed IT services tailored for businesses of all sizes [1] - SNOM has been announced as an official Event Sponsor for Crexendo's 2025 NetSapiens Platform User Group Meeting, marking the third consecutive year of sponsorship [1] - The User Group Meeting will take place in Miami Beach, Florida, from October 27th to 30th, and will gather cloud communications service providers, technology innovators, ecosystem partners, and industry analysts globally [1]

Core Insights - Crexendo, Inc. has announced record participation for its upcoming NetSapiens platform User Group Meeting, indicating strong interest and engagement within its community [1] - All sponsorship opportunities for the event have been sold out, highlighting the increasing demand for the NetSapiens platform [1] - The high attendance reflects the accelerating global adoption of the NetSapiens platform and the strengthening of its global community of partners and providers [1]

Core Insights - The article emphasizes the focus on growth and momentum stocks that are reasonably priced and expected to outperform the market in the long term [1] - It highlights a significant investment opportunity identified by David, who advised buying at the market bottom in March 2009, leading to substantial gains in major indices [1] Investment Strategy - David is characterized as a long-term investor who prioritizes quality stocks and employs options as part of his investment strategy [1] - The S&P 500 saw an increase of 367% and the Nasdaq increased by 685% from 2009 to 2019, showcasing the potential for high returns in growth stocks [1] Investor Guidance - The article aims to assist investors in making money through investments in high-quality growth stocks [1]

Core Insights - Crexendo, Inc. will present at the LD Micro Main Event XIX on October 21st at 9:00 AM PT, highlighting its achievements and offerings in cloud communication and unified communication as a service (UCaaS) [1][3] - The company has reported eight consecutive quarters of GAAP profitability and is on a trajectory to reach seven million users, showcasing its growth and market position [3] - Crexendo's technology includes industry-leading NetSapiens software with open APIs, a unique business model focused on disruptive sessions rather than seats, and top-rated customer service [3][6] Company Overview - Crexendo, Inc. is recognized as a premier provider of cloud communication platform software and services, including video collaboration and managed IT services, catering to businesses of all sizes [1][6] - The company currently supports over six million end users globally through a network of over 235 cloud communication platform software subscribers [6] Event Details - The LD Micro Main Event XIX will take place from October 19th to 21st at the Hotel del Coronado in San Diego, California, featuring around 120 companies presenting in half-hour increments [4][5] - The event will include registration, keynote speakers, company presentations, and one-on-one investor meetings, concluding with a closing reception [4]

Core Insights - Crexendo, Inc. has announced the addition of OneReach.ai to its Ecosystem Vendor Partner Program, aimed at enhancing innovation through collaboration with top technology partners [1] Company Overview - Crexendo, Inc. is recognized as a leading provider of cloud communication platform software and UCaaS offerings, which include voice, video, contact center, and managed IT services tailored for businesses of all sizes [1] Partnership Details - The Ecosystem Vendor Partner Program is designed to align best-in-class technology partners to accelerate innovation within the industry [1]

Core Insights - Crexendo, Inc. has announced a partnership with FaxBack to enhance its cloud communication offerings [1] - The partnership aims to provide innovative cloud fax solutions that improve compliance, reliability, and customer satisfaction [1] Company Overview - Crexendo, Inc. is a software technology company specializing in cloud communication platform software and UCaaS offerings [1] - The company provides services including voice, video, contact center, and managed IT services tailored for businesses of all sizes [1] Partnership Details - The addition of FaxBack to Crexendo's Ecosystem Vendor Partner Program is a strategic move to expand service providers' portfolios [1] - FaxBack is recognized as a leader in secure cloud fax technology [1]