Recap: Crexendo Q4 Earnings
Portfolio Pulse from Benzinga Insights
Crexendo (NASDAQ:CXDO) reported Q4 earnings with a 50.0% beat on EPS estimates, posting $0.06 versus the expected $0.04. Revenue increased by $2.80 million year-over-year. The company has a history of beating EPS estimates, which previously led to a 10.0% share price increase the following day.
March 05, 2024 | 9:20 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Crexendo reported a significant beat on Q4 earnings and a notable year-over-year revenue increase, continuing its trend of surpassing EPS estimates.
Crexendo's Q4 earnings beat and consistent history of exceeding EPS estimates, coupled with revenue growth, suggest a positive short-term impact on its stock price. Historical data indicates that past earnings beats were followed by share price increases, implying a potential repeat of this pattern.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100