Business Transformation to AI-Native SaaS Model
Signed Multi-Year Agreement with Google Cloud
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CXAI Available on AWS MarketplacePositioned for Continued Growth with New AI-based Product Launches PALO ALTO, CA / ACCESSWIRE / November 12, 2024 / CXApp (NASDAQ:CXAI), the global technology leader in employee workplace experiences announced its Q3 2024 financial results and update on its state-of-the-art technology platform CXAI.This quarter represents the highest SaaS metrics for the business: 18% increase in recurring revenue, net retention rate ("NRR") of 106%, 88% of revenue from subscriptions for the highest recognized revenue of $1.9M for the quarter at a healthy 80% gross margin.The Company continues to strengthen its cloud partnerships with today's announcement of the availability
Experienced Finance Executive with previous leadership roles at Google Cloud, BlackRock and E&YPALO ALTO, CA / ACCESSWIRE / August 19, 2024 / CXApp Inc. (NASDAQ:CXAI), the global technology leader in employee workplace experiences today announced the appointment of Joy Mbanugo as Chief Financial Officer (CFO), effective immediately, reporting to Chairman and CEO Khurram Sheikh. Mrs. Mbanugo will oversee the company's financial strategy and operations as it continues its rapid growth and global expansion, transforming workplaces worldwide.Joy Mbanugo brings over 22 years of financial leadership experience to CXAI, demonstrated by a proven track record of steering organizations through signifi
Business Transformation to AI-Native SaaS ModelSigned Multi-Year Agreement with Google Cloud PALO ALTO, CA / ACCESSWIRE / August 12, 2024 / CXApp Inc. (NASDAQ:CXAI), the global technology leader in employee workplace experiences announced its Q2 2024 financial results. This quarter represents the first quarter that the Company financials can be compared as a standalone entity after the business combination in March 2023 to the comparable quarter from the previous year.CXApp Inc. has completed a major business transformation to an AI-native SaaS model with continued positive trending of key SaaS metrics. This quarter saw a massive increase of 78% in renewal and expansion bookings from the sam
SC 13G/A - CXApp Inc. (0001820875) (Subject)
SC 13G - CXApp Inc. (0001820875) (Subject)
CXAI is shaping the future of work by enabling enhanced employee experiences using artificial intelligencePALO ALTO, CA / ACCESSWIRE / November 5, 2024 / CXApp Inc. (NASDAQ:CXAI), the global technology leader in employee workplace experiences, announced it will host a conference call at 4:30 PM Eastern Time on Tuesday, November 12, 2024, to discuss the company's financial results for the third quarter of 2024 ended September 30, 2024. The call will be led by the Company's Chairman and CEO, Khurram Sheikh, and CFO, Joy Mbanugo, and will also include an update about the company's progress on its state-of-the-art AI-native CXAI Platform.The conference call will be available via telephone by dia
CXAI is shaping the future of work by enabling enhanced employee experiences using artificial intelligence PALO ALTO, CA / ACCESSWIRE / August 7, 2024 / CXApp Inc. (NASDAQ:CXAI), the global technology leader in employee workplace experiences, announced it will host a conference call at 4:30 PM Eastern Time on Monday, August 12, 2024, to discuss the company's financial results for the second quarter of 2024 ended June 30, 2024. The call will be led by the Company's Chairman and CEO, Khurram Sheikh, and will also include an update about the company's progress on its state-of-the-art CXAI Platform.The conference call will be available via telephone by dialing toll-free 877-545-0320 for U.S. cal
CXAI shaping the future of work by enabling enhanced employee experiences using artificial intelligence PALO ALTO, CA / ACCESSWIRE / May 21, 2024 / CXApp Inc. (NASDAQ:CXAI), announced the rescheduling of its Q1 2024 Earnings Call as disclosed on its 8-K filing yesterday. The conference call, originally scheduled for today, has been moved to Thursday, May 23rd at 3:00pm Pacific Time. The Company will discuss its financial results for the first quarter of 2024, ended March 31, 2024, and provide important updates on the CXAI platform, which is shaping the future of work by enabling enhanced employee experiences using artificial intelligence. The call will be led by the Company's Chairman and CE
CXAI Available on AWS MarketplacePositioned for Continued Growth with New AI-based Product Launches PALO ALTO, CA / ACCESSWIRE / November 12, 2024 / CXApp (NASDAQ:CXAI), the global technology leader in employee workplace experiences announced its Q3 2024 financial results and update on its state-of-the-art technology platform CXAI.This quarter represents the highest SaaS metrics for the business: 18% increase in recurring revenue, net retention rate ("NRR") of 106%, 88% of revenue from subscriptions for the highest recognized revenue of $1.9M for the quarter at a healthy 80% gross margin.The Company continues to strengthen its cloud partnerships with today's announcement of the availability
CXApp's AI-powered platform, including CXAI (Sky) and CXAI VU (Skyview), enhance employee experience at scale for large enterprises PALO ALTO, CA / ACCESSWIRE / November 12, 2024 / CXApp Inc. (NASDAQ:CXAI), the leading provider of AI-driven employee experience solutions, today announced the availability of its flagship product, CXAI, and its generative AI-based analytics platform, CXAI VU, on AWS Marketplace, a curated digital catalog that enables customers to easily find, buy, and deploy software. By leveraging CXApp's cross-platform application CXAI and its cutting-edge analytics platform, CXAI VU, businesses can automate and personalize employee interactions at scale, improving employee e
CXAI is shaping the future of work by enabling enhanced employee experiences using artificial intelligencePALO ALTO, CA / ACCESSWIRE / November 5, 2024 / CXApp Inc. (NASDAQ:CXAI), the global technology leader in employee workplace experiences, announced it will host a conference call at 4:30 PM Eastern Time on Tuesday, November 12, 2024, to discuss the company's financial results for the third quarter of 2024 ended September 30, 2024. The call will be led by the Company's Chairman and CEO, Khurram Sheikh, and CFO, Joy Mbanugo, and will also include an update about the company's progress on its state-of-the-art AI-native CXAI Platform.The conference call will be available via telephone by dia
10-Q - CXApp Inc. (0001820875) (Filer)
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-Reuters
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CXApp (NASDAQ:CXAI) reported quarterly losses of $(0.34) per share. This is a 270 percent decrease over earnings of $0.20 per share from the same period last year. The company reported quarterly sales of $1.82 million which missed the analyst consensus estimate of $2.30 million by 20.96 percent. This is a 431.58 percent increase over sales of $342.00 thousand the same period last year.