CXApp (NASDAQ:CXAI) Posts Quarterly Earnings Results, Beats Expectations By $0.65 EPS

CXApp (NASDAQ:CXAI) announced its quarterly earnings results on Wednesday. The company reported ($1.35) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.00) by $0.65, reports. CXApp had a negative net margin of 446.46% and a negative return on equity of 135.04%. The business had revenue of $3.01 million during the quarter, compared to the consensus estimate of $2.50 million.

Here are the key takeaways from CXApp’s conference call:

• Positive Sentiment: Revenue rose 77% sequentially to approximately $3 million, with about 94% recurring. Management attributed much of the increase to a full quarter of Engine Room revenue, so the growth reflects both the combined business and acquisition timing.
• Positive Sentiment: Cash EBITDA loss narrowed to $1.7 million from $2.7 million in Q2, a $1 million improvement even as revenue grew. Management said it is targeting positive operating cash flow by Q3 2027 through further growth and cost efficiencies.
• Positive Sentiment: CXAI reported two Fortune 500 renewals and a new multi-million-dollar, three-year financial-services contract. Its Beat agentic AI product is in beta testing, with commercial launch planned for January 2027.
• Negative Sentiment: The Q3 revenue increase included the acquired Engine Room business, while management said integration synergies are still being realized. It also described the Avondale standstill as conditional and temporary, with financing obligations still outstanding, despite saying current cash should be sufficient to reach its cash-flow target without additional financing.

CXApp Stock Up 14.3%

Shares of CXAI stock traded up $0.17 during trading on Friday, reaching $1.36. The company’s stock had a trading volume of 117,639 shares, compared to its average volume of 266,045. CXApp has a 1-year low of $1.12 and a 1-year high of $31.00. The stock’s 50-day moving average price is $2.35 and its 200 day moving average price is $7.56. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.64 and a quick ratio of 1.64. The company has a market capitalization of $3.18 million, a price-to-earnings ratio of -0.05 and a beta of 1.09.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Wall Street Zen cut CXApp from a “hold” rating to a “sell” rating in a research note on Saturday, September 12th. Weiss Ratings reissued a “sell (e+)” rating on shares of CXApp in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, CXApp currently has a consensus rating of “Sell”.

CXApp Company Profile

CXApp Inc (NASDAQ: CXAI) provides an enterprise workplace experience platform designed to help organizations connect employees with people, information and physical workspaces. Its software supports employee communications, workplace engagement and collaboration through branded mobile and digital experiences.

The CXApp platform includes features such as workplace navigation and wayfinding, desk and room booking, event and community engagement, internal communications, service requests and workplace analytics.