Earnings Call Summary | CXApp(CXAI.US) Q1 2024 Earnings Conference
Earnings Call Summary | CXApp(CXAI.US) Q1 2024 Earnings Conference
The following is a summary of the CXApp Inc. (CXAI) Q1 2024 Earnings Call Transcript:
以下是CxApp Inc.（CXAI）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
CXApp Inc. saw a record increase in net retention rate to 108% in Q1 2024, renewing and expanding seven of their largest Fortune 1000 customers across all five verticals.
Subscription based revenue for the quarter accounted for 87% of total revenue.
The company successfully enhanced its gross margin, which stood at 82% for the quarter.
There was a significant net operating expense reduction of more than 20% from Q4 2023 to Q1 2024 as part of a planned strategy to scale up the business in 2024 with a lower cost structure.
2024年第一季度，cxApp Inc.的淨留存率創歷史新高，達到108％，在所有五個垂直領域續訂並擴大了其最大的財富1000強客戶中的七個。
本季度基於訂閱的收入佔總收入的87％。
該公司成功提高了其毛利率，本季度毛利率爲82％。
從2023年第四季度到2024年第一季度，淨運營支出大幅減少了20％以上，這是計劃在2024年以較低的成本結構擴大業務規模的戰略的一部分。
Business Progress:
業務進展：
CXApp favored an AI-first technology business model and prioritized the growth of existing and new Fortune 100 customers.
The company launched the AI technology-based Sky platform to key customers, with its first Fortune 1000 customer deployment expected to be completed in the summer.
In partnership with Google Cloud, the SkyView platform was launched: an AI-based analytics solution for employee experiences.
The company implemented a new data-driven feature for comparisons on different datasets with the latest Gen-AI models allowing users to query in their native language.
Scaling plans are underway for CXApp's leading-edge enterprise AI Software as a Service platform among its existing customer base.
CXApp has diversified global deployments in over 60 countries, feeding datasets into their AI models for improved performance and customer outcomes.
Development is underway for a new software category focusing on employee experiences.
cxApp 青睞人工智能優先的技術商業模式，並優先考慮現有和新的《財富》100 強客戶的增長。
該公司向主要客戶推出了基於人工智能技術的Sky平台，其首個《財富》1000強客戶部署預計將於夏季完成。
與谷歌雲合作推出了SkyView平台：基於人工智能的員工體驗分析解決方案。
該公司實施了一項新的數據驅動功能，使用最新的Gen-AI模型對不同的數據集進行比較，允許用戶使用母語進行查詢。
CxApp在其現有客戶群中擴展其領先的企業人工智能軟件即服務平台的計劃正在進行中。
cxApp 已在 60 多個國家/地區實現了多元化的全球部署，將數據集輸入到其 AI 模型中，以提高性能和客戶成果。
專注於員工體驗的新軟件類別的開發正在進行中。
More details: CXApp IR
更多詳情： cxApp IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。