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

Crexendo

10/05/2023 24:30

* Crexendo Inc  CXDO.OQ  reported quarterly adjusted
earnings of 2
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
one cent per share.
    * Revenue rose 53.1% to $12.49 million from a year ago;
analysts
expected $11.22 million. 
    * Crexendo Inc's reported EPS for the quarter was a loss
of 6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 27.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Crexendo Inc shares had fallen by 5.5% this quarter and
lost 17.9% so far this year.
    * The company reported a quarterly loss of $1.58 million.
    * 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 May
9 at 11:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.01           0.02           Beat
 Dec. 31 2022      0.03           0.09           Beat
 Sep. 30 2022      0.02           0.03           Beat
 Jun. 30 2022      0.01           0.02           Beat