Crexendo Q3 revenue up 13% to $15.6M, but net income drops to $0.1M from $1.7M

Crexendo, Inc.

2024-Q3 EPS reported $0.04 revenue$44,598,000

Revenue of $15.6M (+13% YoY); software solutions revenue $5.9M (+25% YoY).
GAAP net income of $0.1M ($0.01 basic EPS) vs $1.7M ($0.07) in Q3 2023.
Non-GAAP net income $1.6M ($0.06) vs $3.3M ($0.13); Adj. EBITDA $1.7M vs $2.1M.
Cash $15.5M at Sep 30 vs $10.3M at Dec 31, 2023; operating cash flow $4.1M YTD.
Management guides double-digit revenue growth continuing through Q4 2024 into 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.