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Crexendo(CXDO) - 2023 Q4 - Annual Report
2024-03-04 16:00
32 performing this assessment, the Company concluded it is more likely than not that the fair value of the reporting unit is less than its carrying amount, then the Company performed the quantitative test. Table of Contents Under the quantitative test, a goodwill impairment is identified by comparing the fair value of the reporting unit to the carrying amount, including goodwill. If the carrying amount of the reporting unit exceeds the fair value of the reporting unit, goodwill is considered impaired and an ...
Analysts Estimate Crexendo (CXDO) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-02-27 16:01
Crexendo (CXDO) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on March 5, 2024, might help the stock move higher if these key numbers are better than expec ...
Crexendo (CXDO) Moves 16.7% Higher: Will This Strength Last?
Zacks Investment Research· 2024-02-16 16:16
Crexendo (CXDO) shares ended the last trading session 16.7% higher at $7.40. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 24.1% gain over the past four weeks.CXDO is riding on its expanding clientele. Its cloud communication platform’s user base has now exceeded four million globally.This company is expected to post quarterly earnings of $0.06 per share in its upcoming report, which represents a year-over-year c ...
Crexendo (CXDO) Surges 5.5%: Is This an Indication of Further Gains?
Zacks Investment Research· 2024-01-23 20:41
Crexendo (CXDO) shares rallied 5.5% in the last trading session to close at $5.80. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 25.6% gain over the past four weeks.CXDO is riding on its expanding clientele. Its cloud communication platform’s user base has now exceeded four million globally.This company is expected to post quarterly earnings of $0.06 per share in its upcoming report, which represents a year ...
Crexendo® Earns Frost & Sullivan's 2024 Competitive Strategy Leadership Award for Excellence in Cloud Communications
Prnewswire· 2024-01-23 15:34
Crexendo® enables service providers to assume full customer ownership and control of their commercial model and operate at larger profit margins than most competitor solutions.SAN ANTONIO, Jan. 23, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the service provider cloud communications platform industry and, based on its findings, recognizes Crexendo with the 2024 North American Competitive Strategy Leadership Award. Crexendo, Inc. (NASDAQ: CXDO) is an industry-leading provider of cloud communica ...
Crexendo(CXDO) - 2023 Q3 - Earnings Call Transcript
2023-11-12 12:44
Crexendo, Inc. (NASDAQ:CXDO) Q3 2023 Earnings Conference Call November 9, 2023 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 Vivek Palani - Northland Capital Tony Felling - Lake Street Capital Chris Sakai - Singular Research Maj Soueidan - GeoInvesting. Kate Knop - B. Riley Michael Kaufman - MK Investments Operator Greetings. Welcome to the Crexendo Third Quarter 2023 Earnings Call. [Operator ...
Crexendo(CXDO) - 2023 Q3 - Quarterly Report
2023-11-08 16:00
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 September 30, 2023 (Exact name of registrant as specified in its charter) incorporation or organization) Nevada 87-0591719 (State or other jurisdiction of (I.R.S. Employer Identification No.) 1615 South 52nd Street, Tempe, AZ 85281 (Address of Principal Executive Of ices) (Zip Code) OR ☐ T ...
Crexendo(CXDO) - 2023 Q2 - Earnings Call Transcript
2023-08-11 02:13
Crexendo, Inc. (NASDAQ:CXDO) Q2 2023 Earnings Conference Call August 10, 2023 4:30 PM ET Company Participants Jeffrey Korn - CEO Jon Brinton - CRO Ronald Vincent - CFO Doug Gaylor - COO and President Anand Buch - CSO Conference Call Participants Eric Martinuzzi - Lake Street Josh Nichols - B. Riley Chris Sakai - Singular Research Michael Kaufman - MK Investments Operator Greetings. Welcome to the Crexendo Second Quarter 2023 Earnings Call. [Operator Instructions] Please note, this conference is being record ...
Crexendo(CXDO) - 2023 Q2 - Quarterly Report
2023-08-09 16:00
23 Table of Contents 9. Property and Equipment and Property and Equipment, Held for Sale Property and equipment consisted of the following (in thousands): | --- | --- | --- | --- | |-------------------------------------------|-------|---------------------------|-------------------------------| | Building | | June 30, 2023 \n$ - | December 31, 2022 \n$ 2,000 | | Land | | - | 500 | | Computer and office equipment | | 2,735 | 2,726 | | Computer software | | 647 | 576 | | Internal-use software | | 14 | 14 | | F ...
Crexendo(CXDO) - 2023 Q1 - Earnings Call Transcript
2023-05-13 23:22
Crexendo, Inc. (NASDAQ:CXDO) Q1 2023 Earnings Conference Call May 9, 2023 4:30 PM ET Company Participants Steven Mihaylo - Chairman Jeffrey Korn - Chief Executive Officer Ronald Vincent - Chief Financial Officer Doug Gaylor - Chief Operating Officer & President Jon Brinton - Chief Revenue Officer Anand Buch - CSO Conference Call Participants Eric Martinuzzi - Lake Street Capital Chris Sakai - Singular Research Operator Greetings. Welcome to the Crexendo First Quarter 2023 Earnings Conference Call. [Operato ...