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

Crexendo

10/11/2022 22:02

* Crexendo Inc  CXDO.OQ  reported quarterly adjusted
earnings of 3
cents​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for earnings of
2 cents per share.
    * Revenue rose 3.4% to $9.11 million from a year ago;
analysts
expected $8.96 million. 
    * Crexendo Inc's reported EPS for the quarter was a loss
of 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.5%
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 9.2% this quarter and
lost 56.4% so far this year.
    * The company reported a quarterly loss of $696 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 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.02           0.03           Beat
 Jun. 30 2022      0.01           0.02           Beat
 Mar. 31 2022      0.01           0.02           Beat
 Dec. 31 2021      0.03           0.02           Missed