Revenue Growth
Crexendo reported a 13% increase in total revenue to $16.6 million, driven by 31% year-over-year organic growth in software solutions revenue.
Consistent Profitability
The company achieved its eighth consecutive quarter of GAAP profitability with a net income of $1.2 million and delivered $2.8 million in adjusted EBITDA.
Strong Cash Position
Crexendo reported a strong cash position of $23.5 million, showing an increase compared to $18.2 million at the end of December 2024.
Successful Partnerships
The ecosystem vendor partner program (EVP) continues to gain momentum with a focus on AI, analytics, and automation, enabling new integrations and driving value for partners.
International Expansion
Completion of international data center migration to Oracle Cloud Infrastructure, indicating operational efficiency improvements.
Inclusion in Russell 2000 Index
Crexendo was included in the Russell 2000 Index, reflecting its strong performance and growth potential.