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CXApp Inc
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CXApp Inc (CXAI) Stock News
The latest CXAI headlines and market coverage — 1 recent story, updated throughout the day.
- Benzinga·
CXApp (CXAI) Stock Soars After Hours: Why Is It Moving?
CXApp Inc (NASDAQ:CXAI) shares surged 72.74% in after-hours trading following the announcement of its acquisition of EngineRoom, an AI-powered growth intelligence platform. The deal is expected to increase CXApp's annual revenue run rate from $4 million to over $12 million and add approximately $1.6 million in adjusted EBITDA, with EngineRoom contributing about $8.1 million in annual recurring revenue.