Crexendo (NASDAQ:CXDO) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Crexendo beat estimated earnings by 550.0%, reporting an EPS of $0.13 versus an estimate of $0.02.
Revenue was up $4.77 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 4.57% drop in the share price the next day.
Here’s a look at Crexendo’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.01 | 0.01 | 0.03 | 0.02 |
| EPS Actual | 0.04 | 0.02 | 0.09 | 0.03 |
| Revenue Estimate | 11.83M | 11.22M | 10.68M | 8.96M |
| Revenue Actual | 12.67M | 12.49M | 11.40M | 9.11M |
To track all earnings releases for Crexendo visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
