Crexendo, Inc.

Crexendo, Inc. provides cloud communication platform software and unified communications as a service (UCaaS) to businesses in the United States and globally. The company operates through two segments: Cloud Telecommunications Services and Software Solutions. Its offerings include hardware, software, and unified internet protocol (IP) or cloud technology for businesses, using user interfaces such as Crexendo-branded and third-party desktop phones, as well as mobile and desktop applications. Key products include SNAPsolution, an IP-based platform that delivers hosted Private Branch Exchange (PBX), auto-attendant, call center, conferencing, and mobility services, and SNAPaccel, a software-as-a-service (SaaS) based software. The company also provides subscription maintenance and support services, along with professional services like consulting, technical support, resident engineer, and design and installation services.

Crexendo, Inc. is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol CXDO. The company trades in U.S. dollars (USD), which is the currency of its home country, the United States. As a Nasdaq-listed company, it is subject to the reporting and regulatory requirements of the U.S. Securities and Exchange Commission (SEC). Investors can buy and sell shares of CXDO through brokerage accounts that have access to U.S. stock exchanges.

Crexendo, Inc. operates in the Communication Services sector and specifically within the Telecom Services industry. This classification reflects the company's focus on providing telecommunications and cloud-based communication solutions to businesses. As a telecom services provider, Crexendo offers unified communications, video conferencing, collaboration tools, and contact center solutions that enable organizations to manage their voice and data communications more efficiently. The company's services are delivered over IP networks, positioning it within the broader trend of digital transformation in business communications.

Crexendo, Inc. is headquartered in Tempe, Arizona, United States. The company was incorporated in 1995 and was formerly known as iMergent, Inc. before rebranding to Crexendo in May 2011. Crexendo serves customers in the United States and globally, providing cloud communication platform software and unified communications as a service. Its global reach means that businesses around the world can utilize its IP-based communication solutions, including hosted PBX, auto-attendant, call center, and conferencing services. The company's professional services, such as consulting and technical support, are also available to clients internationally.

Crexendo generates revenue through two main segments: Cloud Telecommunications Services and Software Solutions. In the Cloud Telecommunications Services segment, the company earns revenue from the sale and lease of cloud telecommunications equipment, as well as subscription fees for unified communications services like SNAPsolution, which includes hosted PBX, auto-attendant, call center, conferencing, and mobility. The Software Solutions segment generates revenue from SNAPaccel, a SaaS-based software offering, and from subscription maintenance and support services. Additionally, Crexendo provides professional services such as consulting, technical support, resident engineer, and design and installation services, which contribute to its revenue stream. The company also develops end-user portals for account management, license management, billing, and customer support, further supporting its recurring revenue model.