$CXApp (CXAI.US)$
One of the investments has applied for IPOs.
CoreWeave
The AI Hyperscaler for GPU Cloud Computing | CoreWeave
One of the investments has applied for IPOs.
CoreWeave
The AI Hyperscaler for GPU Cloud Computing | CoreWeave
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$CXApp (CXAI.US)$
Earnings report in one week.
What are the positives and negatives?
CXApp (NASDAQ: CXAI) reported strong performance for the third quarter of 2024 with record SaaS Indicators, including an 18% increase in regular revenue and a 106% net retention rate. The company achieved a quarterly revenue peak of $1.9 million with a gross profit margin of 80%, with 88% being from subscriptions. Key milestones include the successful AI-based CXAI pilot platform for customers in Financial Data & Stock Exchanges and the launch of CXAI Kiosk and CXAI BTS. The company's flagship products, CXAI and CXAI VU, are now available on the AWS Market Overview. Non-GAAP operating expenses decreased by 22% year-on-year, indicating improved cost management.
Positive.
Quarterly revenue is $1.9 million, a 7% increase compared to the same period last year.
Subscription revenue increased by 18% year-on-year to $1.66 million.
The net retention rate improved from 91% to 106% year-on-year.
A 22% reduction in operating expenses excluding GAAP.
An 80% gross profit margin is being maintained.
Currently, 88% of revenue comes from subscriptions.
CXAI VU Platform...
Earnings report in one week.
What are the positives and negatives?
CXApp (NASDAQ: CXAI) reported strong performance for the third quarter of 2024 with record SaaS Indicators, including an 18% increase in regular revenue and a 106% net retention rate. The company achieved a quarterly revenue peak of $1.9 million with a gross profit margin of 80%, with 88% being from subscriptions. Key milestones include the successful AI-based CXAI pilot platform for customers in Financial Data & Stock Exchanges and the launch of CXAI Kiosk and CXAI BTS. The company's flagship products, CXAI and CXAI VU, are now available on the AWS Market Overview. Non-GAAP operating expenses decreased by 22% year-on-year, indicating improved cost management.
Positive.
Quarterly revenue is $1.9 million, a 7% increase compared to the same period last year.
Subscription revenue increased by 18% year-on-year to $1.66 million.
The net retention rate improved from 91% to 106% year-on-year.
A 22% reduction in operating expenses excluding GAAP.
An 80% gross profit margin is being maintained.
Currently, 88% of revenue comes from subscriptions.
CXAI VU Platform...
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$CXApp (CXAI.US)$
What does CXApp Inc. do?
CXApp Inc. provides an advanced SaaS platform to manage customer briefings, meetings, events, and workplace experiences using AI and CX Technology.
What achievements has CXApp Inc. recently accomplished?
Recent achievements include a strategic rebranding to CXAI, the launch of the CXAI VU analytics platform in collaboration with Google Cloud, and a record 24% ARR growth in 2023.
What is the CXAI VU analysis platform?
The CXAI VU analysis platform provides analytics tailored to human resources, facilities, operations, and IT management with the aim of optimizing the workplace environment and promoting employee engagement.
How was the financial performance of CXApp Inc.?
CXApp Inc. reported a record NRR of 108% in Q1 2024 and a 24% increase in ARR for the full year of 2023, indicating strong financial performance.
What is the "Land and Expand" Global Strategy?
"Land & Expand" involves acquiring new customers...
What does CXApp Inc. do?
CXApp Inc. provides an advanced SaaS platform to manage customer briefings, meetings, events, and workplace experiences using AI and CX Technology.
What achievements has CXApp Inc. recently accomplished?
Recent achievements include a strategic rebranding to CXAI, the launch of the CXAI VU analytics platform in collaboration with Google Cloud, and a record 24% ARR growth in 2023.
What is the CXAI VU analysis platform?
The CXAI VU analysis platform provides analytics tailored to human resources, facilities, operations, and IT management with the aim of optimizing the workplace environment and promoting employee engagement.
How was the financial performance of CXApp Inc.?
CXApp Inc. reported a record NRR of 108% in Q1 2024 and a 24% increase in ARR for the full year of 2023, indicating strong financial performance.
What is the "Land and Expand" Global Strategy?
"Land & Expand" involves acquiring new customers...
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$CXApp (CXAI.US)$
CXApp Inc. (NASDAQ: CXAI) is revolutionizing workplace experiences for corporate clients through its advanced Software as a Service (SaaS) platform. Based in Palo Alto, California, CXApp is dedicated to enhancing digital customer experiences by leveraging cutting-edge Artificial Intelligence (AI) and Customer Experience (CX) Technology.
The company's platform is designed to manage various corporate functions such as customer briefings, meetings, events, and workplace experiences. CXApp focuses on enhancing the "work from anywhere" model by providing native mapping, analytics, on-device positioning (ODP), and application technology to deliver seamless and immersive experiences for employees, partners, customers, and visitors.
Recent achievements include a strategic rebranding to CXAI that reflects a deeper commitment to AI-driven workplace solutions. The newly released CXAI VU, co-developed with Google Cloud...
CXApp Inc. (NASDAQ: CXAI) is revolutionizing workplace experiences for corporate clients through its advanced Software as a Service (SaaS) platform. Based in Palo Alto, California, CXApp is dedicated to enhancing digital customer experiences by leveraging cutting-edge Artificial Intelligence (AI) and Customer Experience (CX) Technology.
The company's platform is designed to manage various corporate functions such as customer briefings, meetings, events, and workplace experiences. CXApp focuses on enhancing the "work from anywhere" model by providing native mapping, analytics, on-device positioning (ODP), and application technology to deliver seamless and immersive experiences for employees, partners, customers, and visitors.
Recent achievements include a strategic rebranding to CXAI that reflects a deeper commitment to AI-driven workplace solutions. The newly released CXAI VU, co-developed with Google Cloud...
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alchemist3518
liked
$BigBear.ai Holdings (BBAI.US)$
Looks like a long hibernation ahead 🐻❄️
Looks like a long hibernation ahead 🐻❄️
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$CXApp (CXAI.US)$
The digital workplace market is promising in the future, so expectations are high for the next few years from here.
Digital Workplace Market: Components, End Users, Deployment, Industry-specific - Global Forecast 2025-2030
The digital workplace market is promising in the future, so expectations are high for the next few years from here.
Digital Workplace Market: Components, End Users, Deployment, Industry-specific - Global Forecast 2025-2030
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$CXApp (CXAI.US)$
I think that with the increase in sales in 2025, the stock price will also rise.
I think that with the increase in sales in 2025, the stock price will also rise.
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