CXDO...Crexendo Surpasses 3.5M Users...Crexendo, Inc. (Nasdaq: CXDO) ("Crexendo" or the "Company"), an award-winning, premier platform and provider of cloud communication services, video collaboration and managed IT services, today announced that its cloud communication platform now supports over three and a half million end users* globally.
Crexendo continues to execute against its diversified growth strategy, including expanding user count through licensees, agents and partners; attracting enterprise and mid-sized accounts; targeting new markets and territories domestically and internationally; increasing the number of new reseller logos and platform upgrades; and developing and building out future product applications and partners.
"The growth that we have seen in our customer base is the direct result of internal and external initiatives that we have been diligently implementing," said Crexendo CEO Jeff Korn. "Our coordinated sales and marketing efforts, as well as continued improvements that we are making to our offerings, have resulted in higher quality end products that are meeting the needs of both new and existing customers. This rapid and ongoing expansion is validating our diversified growth strategy and is underscoring our belief that the UCaaS industry is still in its early days with a long runway ahead. We expect to continue taking share for the foreseeable future while delivering what we believe is the premier platform in our industry."
*Users are defined as UCaaS application user seats including individual user licenses as well as applications such as conference bridges, call queues, and SIP trunks.
Funny what money can do...$$$
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2morrowsGains is opinion only and should not to be taken as investment advice.
