Crexendo Inc reports results for the quarter ended in June - Earnings Summary

Crexendo

09/08/2022 23:02

* Crexendo Inc  CXDO.OQ  reported quarterly adjusted
earnings of 2
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of one cent per share.
    * Revenue rose 53.1% to $8.85 million from a year ago;
analysts
expected $8.39 million. 
    * Crexendo Inc's reported EPS for the quarter was a loss
of 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 45.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Crexendo Inc shares had fallen by 9.4% this quarter and
lost 43.8% so far this year.
    * The company reported a quarterly loss of $896 thousand.
    * Wall Street's median 12-month price target for Crexendo
Inc is
$4.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.01           0.02           Beat
 Mar. 31 2022      0.01           0.02           Beat
 Dec. 31 2021      0.03           0.02           Missed
 Sep. 30 2021      0.00           0.03           Beat