CXApp (NASDAQ:CXAI) Issues Earnings Results, Beats Estimates By $0.65 EPS

CXApp (NASDAQ:CXAI) issued its quarterly earnings data on Wednesday. The company reported ($1.35) earnings per share (EPS) for the quarter, beating 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 analyst estimates 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%

NASDAQ:CXAI traded up $0.17 on Friday, hitting $1.36. The stock had a trading volume of 117,639 shares, compared to its average volume of 266,045. The company has a market cap of $3.18 million, a PE ratio of -0.05 and a beta of 1.09. CXApp has a 52 week low of $1.12 and a 52 week high of $31.00. The business’s fifty day moving average is $2.35 and its 200 day moving average is $7.56. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.56.

Analyst Ratings Changes

CXAI has been the subject of a number of recent research reports. Weiss Ratings restated a “sell (e+)” rating on shares of CXApp in a report on Thursday, October 15th. Wall Street Zen downgraded CXApp from a “hold” rating to a “sell” rating in a research report on Saturday, September 12th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has a consensus rating of “Sell”.

About CXApp

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.