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

Crexendo

13/05/2022 04:27

* Crexendo Inc  CXDO.OQ  reported quarterly adjusted
earnings of 2
cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of one cent per share.
    * Revenue rose 81% to $8.16 million from a year ago; 
analysts
expected $9.06 million. 
    * Crexendo Inc's reported EPS for the quarter was a loss
of 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 67.1%
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 38.0% this quarter and
lost 55.0% so far this year.
    * The company reported a quarterly loss of $1.22 million.
    * Wall Street's median 12-month price target for Crexendo
Inc is
$6.50 
    * 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 May 13 at 03:26 a.m.  ​All
figures in US dollars unless otherwise stated