Crexendo Q2 2024 Adj. EPS $0.07 Beats $0.05 Estimate, Sales $14.685M Beat $14.188M Estimate
Portfolio Pulse from Benzinga Newsdesk
Crexendo (NASDAQ:CXDO) reported Q2 2024 adjusted EPS of $0.07, beating the $0.05 estimate by 40%. Sales were $14.685M, surpassing the $14.188M estimate and marking a 15.90% increase from the same period last year.
August 06, 2024 | 8:05 pm
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Crexendo reported strong Q2 2024 results with EPS of $0.07 beating estimates by 40% and sales of $14.685M surpassing expectations. This indicates robust financial performance and growth.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, suggests positive investor sentiment and potential short-term price appreciation for CXDO.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100