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

Crexendo

11/08/2023 24:18

* Crexendo Inc  CXDO.OQ  reported quarterly adjusted
earnings of 4
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
one cent per share.
    * Revenue rose 43.2% to $12.67 million from a year ago;
analysts
expected $11.83 million. 
    * Crexendo Inc's reported EPS for the quarter was a loss
of 2
cents​.
    * The mean earnings estimate of analysts was unchanged 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 7.4% this quarter and
lost 14.2% so far this year.
    * The company reported a quarterly loss of $545 thousand.
    * Wall Street's median 12-month price target for Crexendo
Inc is
$4.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 11:18 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.01           0.04           Beat
 Mar. 31 2023      0.01           0.02           Beat
 Dec. 31 2022      0.03           0.09           Beat
 Sep. 30 2022      0.02           0.03           Beat