Crexendo, Inc. (NASDAQ:CXDO) Q2 2024 Earnings Call Transcript August 6, 2024 4:30 PM ET Company Participants Jeff Korn - Chairman & CEO Jon Brinton - CRO Ron Vincent - CFO Doug Gaylor - President and COO Anand Buch - CSO Conference Call Participants Mike Latimore - Northland Capital Markets Josh Nichols - B. Riley Ryan Koontz - Needham & Company Mark Hagen - Lake Street Capital Chris Sakai - Singular Research Sam McColgan - Breakout Investors Michael Kaufman - MK Investments Operator Greetings, and welcome ...

For the quarter ended June 2024, Crexendo (CXDO) reported revenue of $14.69 million, up 15.9% over the same period last year. EPS came in at $0.07, compared to $0.04 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $14.18 million, representing a surprise of +3.60%. The company delivered an EPS surprise of +16.67%, with the consensus EPS estimate being $0.06. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

Crexendo (CXDO) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this company would post earnings of $0.06 per share when it actually produced earnings of $0.06, delivering no surprise. Over the last four quarters, the company has surpassed c ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from ________ to ________. Commission file number 001-32277 Crexendo, Inc. (Exact name of registrant as specified in its charter) | --- | --- | |------------------ ...

A downtrend has been apparent in Crexendo (CXDO) lately with too much selling pressure. The stock has declined 32.5% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. How to Determine if a Stock is Oversold So, by this measure, if a stock has gotten too far below its fair value just because of unwarr ...

Crexendo, Inc. (NASDAQ:CXDO) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Jeff Korn - Chairman & Chief Executive Officer Jon Brinton - Chief Revenue Officer Ron Vincent - Chief Financial Officer Doug Gaylor - President & Chief Operating Officer Anand Buch - Chief Scientific Officer Conference Call Participants Mike Latimore - Northland Capital America Josh Nichols - B. Riley Eric Martinuzzi - Lake Street Chris Sakai - Singular Research Operator Greetings and welcome to the Cr ...

Crexendo (CXDO) reported $14.29 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 14.4%. EPS of $0.06 for the same period compares to $0.02 a year ago.The reported revenue represents a surprise of +1.36% over the Zacks Consensus Estimate of $14.1 million. With the consensus EPS estimate being $0.06, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...

Crexendo (CXDO) came out with quarterly earnings of $0.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.06, delivering a surprise of 50%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Crexendo, which belongs to the Zacks In ...

Investing Activities Cash provided by or used in financing activities is driven by the proceeds from the exercise of options, taxes paid on the net settlement of stock options and RSUs, payments of contingent consideration, proceeds from finance leases and notes payable, repayments made on finance leases and notes payable, proceeds and repayments on line of credit, and proceeds from the issuance of common stock in connection with an offering. The following table reflects our net cash provided by financing a ...

EX-99.1 2 cxdo_ex991.htm PRESS RELEASE EXHIBIT 99.1 Crexendo Announces First Quarter 2024 Results PHOENIX, AZ / ACCESSWIRE / May 7, 2024 / Crexendo, Inc. (NASDAQ: CXDO), an award-winning premier provider of cloud communication platform and services, video collaboration and managed IT services designed to provide enterprise-class cloud solutions to any size business, today announced financial results for the first quarter ended March 31, 2024. First Quarter Financial highlights: · Total revenue increased 14% ...