Crexendo Inc. Reports 13% Revenue Increase and $1.2M GAAP Net Income in Q2 2025

Reuters
2025/08/06
Crexendo Inc. Reports 13% Revenue Increase and $1.2M GAAP Net Income in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025

Crexendo Inc., a software technology company, reported a 13% year-over-year increase in total revenue for the second quarter of 2025, reaching $16.6 million. The company achieved a GAAP net income of $1.2 million, which equates to $0.04 per basic and diluted common share. Meanwhile, the non-GAAP net income was reported at $2.9 million. The software solutions segment saw significant growth, with a 31% increase contributing to the company's revenue. For the six months ending June 30, 2025, Crexendo's consolidated total revenue rose to $32.6 million, up from $29.0 million during the same period in 2024. The software solutions revenue for this period increased by 32% to $13.8 million. EBITDA for the second quarter of 2025 was recorded at $2.0 million, compared to $1.4 million in the same quarter of 2024, with adjusted EBITDA at $2.8 million up from $2.2 million. The company highlighted its strategic focus on expanding its software platform and embracing AI applications to enhance long-term shareholder value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crexendo Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-25-009046), on August 05, 2025, and is solely responsible for the information contained therein.

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