earnings
confidence high
sentiment positive
materiality 0.75
Crexendo Q1 revenue up 12% to $16.1M; software solutions revenue surges 33%
Crexendo, Inc.
2025-Q1 EPS reported
$0.04
revenue$16,057,000
- GAAP net income of $1.2M ($0.04 EPS); non-GAAP net income of $2.6M ($0.09 basic EPS).
- Software solutions revenue grew 33% to $6.9M; gross margins expanded to 78% (up 500bps YoY).
- Telecom service revenue up 4% to $8.2M; product revenue declined 22% to $1.0M.
- Adjusted EBITDA of $2.6M vs $2.1M last year; cash increased to $21.2M from $18.2M.
- Surpassed 6 million platform users; Oracle Cloud Infrastructure transition on schedule.