Crexendo (CXDO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned -10.8% over the past month versus the Zacks S&P 500 composite's -3% change. The Zacks Internet - Services industry, to which Crexendo belongs, has gained 4.1% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about ...

In the latest market close, Crexendo (CXDO) reached $4, with no movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.87%. Elsewhere, the Dow saw an upswing of 0.67%, while the tech-heavy Nasdaq appreciated by 1.11%.Shares of the company have depreciated by 15.97% over the course of the past month, underperforming the Computer and Technology sector's loss of 5.98% and the S&P 500's loss of 3.97%.The upcoming earnings release of Crexendo will be of great intere ...

Macro factors currently driving the economy, such as the relatively high interest rates, continued strength in labor markets, supply chain issues (though minimal right now and in pockets) and so forth have a varied impact on players in the extremely diverse Internet – Services industry. However, the outlook for the industry is positively correlated with a stronger economy. Additionally, since this is a capital-intensive industry with high fixed costs of operation and the fairly constant need to expand capac ...

In the latest market close, Crexendo (CXDO) reached $4.60, with a -1.92% movement compared to the previous day. This change lagged the S&P 500's daily loss of 1.46%. At the same time, the Dow lost 1.24%, and the tech-heavy Nasdaq lost 1.63%.The the stock of company has fallen by 4.09% in the past month, lagging the Computer and Technology sector's gain of 3.33% and the S&P 500's gain of 1.6%.Investors will be eagerly watching for the performance of Crexendo in its upcoming earnings disclosure. The company i ...

PHOENIX, April 04, 2024 (GLOBE NEWSWIRE) -- Crexendo, Inc. (NASDAQ:CXDO), based in Tempe, AZ, an award-winning premier provider of cloud communication platforms and services, video collaboration and managed IT services designed to provide enterprise-class cloud solutions to any size business, today announced that Doug Gaylor, President & COO, will present live at the AI & Technology Hybrid Investor Conference presented by Water Tower Research and hosted by VirtualInvestorConferences.com, on April 10, 2024 D ...

One stock that might be an intriguing choice for investors right now is Crexendo, Inc. (CXDO) . This is because this security in the Internet - Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Internet ...

Crexendo, Inc. (NASDAQ:CXDO) Q4 2023 Earnings Conference Call March 5, 2024 4:30 PM ET Company Participants Jeff Korn - CEO Jon Brinton - CRO Ron Vincent - CFO Doug Gaylor - COO and President Anand Buch - CSO Conference Call Participants Michael Latimore - Northland Capital Josh Nichols - B. Riley Max Michaelis - Lake Street John Roy - Water Tower Research Chris Sakai - Singular Research Michael Kaufman - MK Investments Operator Greetings. Welcome to Crexendo’s Fourth Quarter and Year End 2023 Earnings Call ...

For the quarter ended December 2023, Crexendo (CXDO) reported revenue of $14.16 million, up 23.8% over the same period last year. EPS came in at $0.06, compared to $0.09 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $13.76 million, representing a surprise of +2.97%. The company delivered an EPS surprise of +50.00%, with the consensus EPS estimate being $0.04.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

Crexendo (CXDO) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced earnings of $0.12, delivering a surprise of 500%.Over the last four quarters, the company has surpasse ...

Software Solutions Revenue: Consolidated software solutions revenue for the fourth quarter of 2023 increased 21%, or $0.9 million, to $5.3 million compared to $4.4 million for the fourth quarter of 2022. EX-99.1 2 cxdo_ex991.htm PRESS RELEASE EXHIBIT 99.1 1 Crexendo Announces Fourth Quarter and Fiscal Year 2023 Record Results · Total revenue for the year increased 42% year-over-year to $53.2 million. · GAAP net loss for the year of $(0.4) million and non-GAAP net income for the year of $6.6 million. · Fourt ...