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% ...

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 ...