Recap: Crexendo Q3 Earnings

Crexendo CXDO reported its Q3 earnings results on Thursday, November 9, 2023 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Crexendo beat estimated earnings by 550.0%, reporting an EPS of $0.13 versus an estimate of $0.02.

Revenue was up $4.77 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 4.57% drop in the share price the next day.

Here's a look at Crexendo's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.01 0.01 0.03 0.02
EPS Actual 0.04 0.02 0.09 0.03
Revenue Estimate 11.83M 11.22M 10.68M 8.96M
Revenue Actual 12.67M 12.49M 11.40M 9.11M

To track all earnings releases for Crexendo visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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CXDOCrexendo Inc
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