Core Insights - Crexendo (CXDO) reported revenue of $16.2 million for the quarter ended December 2024, reflecting a year-over-year increase of 14.4% [1] - The earnings per share (EPS) remained stable at $0.06, matching the EPS from the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $15.66 million by 3.48%, while the EPS surpassed the consensus estimate of $0.05 by 20% [1] Revenue Breakdown - Service revenue was reported at $7.98 million, slightly below the average estimate of $8.04 million, with a year-over-year increase of 3.9% [4] - Product revenue came in at $1.21 million, lower than the estimated $1.52 million, but showed a year-over-year growth of 4.5% [4] - Software solutions revenue reached $7.04 million, exceeding the average estimate of $6.11 million, marking a significant year-over-year increase of 32.4% [4] Stock Performance - Over the past month, Crexendo's shares have returned +3.1%, contrasting with a -2.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
Here's What Key Metrics Tell Us About Crexendo (CXDO) Q4 Earnings