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 ...

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 ...

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 ...

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) 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) 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 ...