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Home » Crexendo Shares Rise 13% After Cloud Platform Hits 3.5 Million Users
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Crexendo Shares Rise 13% After Cloud Platform Hits 3.5 Million Users

News RoomBy News RoomSeptember 12, 20231 Views0
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By Chris Wack

Crexendo shares were up 11%, to $2.40, after the company said its cloud-communication platform now supports more than 3.5 million end users globally.

The stock closed Friday’s session 13% higher, but is still down 22% in the past 12 months.

The provider of cloud-communication services said it is continuing to expand its user count through licensees, agents and partners and attracting enterprise and mid-sized accounts.

Crexendo said it is also 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.

Write to Chris Wack at [email protected]

Read the full article here

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