secwatch.observer — SEC 8-K summary
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Issuer:     Crexendo, Inc. (CXDO)
CIK:        0001075736
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001654954-25-009046
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crexendo Q2 revenue up 13% to $16.6M; GAAP net income $1.2M
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- Total revenue $16.6M (+13% YoY); software solutions revenue $7.0M (+31%).
- GAAP net income $1.2M ($0.04/sh) vs $0.6M ($0.02/sh) year ago; 8th consecutive GAAP profitable quarter.
- Non-GAAP net income $2.9M ($0.10 basic, $0.09 diluted) vs $2.1M ($0.08 basic) year ago.
- Adjusted EBITDA $2.8M vs $2.2M year ago; cash and equivalents $23.5M.
- Product revenue declined 7% to $1.2M; service revenue up 4% to $8.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1075736/000165495425009046/0001654954-25-009046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1075736/000165495425009046/cxdo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-009046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer