Crexendo Q4 2023 Adj EPS $0.06 Beats $0.04 Estimate, Sales $14.20M Beat $13.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Crexendo reported Q4 2023 adjusted EPS of $0.06, surpassing the $0.04 estimate, with sales of $14.20M exceeding the $13.80M forecast. This represents a 24.56% increase in sales compared to the same period last year.
March 05, 2024 | 9:18 pm
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POSITIVE IMPACT
Crexendo's Q4 2023 earnings and sales exceeded analyst expectations, with a significant year-over-year sales increase.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The significant year-over-year sales growth further underscores the company's strong performance and potential for future growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100