---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-013832"
form_type: "8-K"
ticker: "CXDO"
cik: "0001075736"
company_name: "Crexendo, Inc."
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:18:21.128552+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001654954-24-013832
- form_type: 8-K
- ticker: CXDO
- cik: 0001075736
- company_name: Crexendo, Inc.
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1075736/000165495424013832/0001654954-24-013832-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1075736/000165495424013832/cxdo_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-013832
- JSON: https://secwatch.observer/filing/0001654954-24-013832.json
- Plain text: https://secwatch.observer/filing/0001654954-24-013832.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.