Crexendo Delivers Strong Third Quarter Results
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Crexendo, Inc. (NASDAQ:CXDO) reported strong financial results for Q3 2024, with a 13% year-over-year revenue increase to $15.6 million and a net income of $0.1 million.
November 06, 2024 | 9:15 pm
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Crexendo reported a 13% increase in revenue for Q3 2024, reaching $15.6 million, and a net income of $0.1 million. This indicates strong financial performance and potential positive investor sentiment.
The 13% year-over-year revenue growth and positive net income suggest strong operational performance, likely boosting investor confidence and potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100