secwatch.observer — SEC 8-K summary
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Issuer:     Crexendo, Inc. (CXDO)
CIK:        0001075736
Form:       8-K
Filed at:   2025-03-04T23:59:59+00:00
Accession:  0001654954-25-002284
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crexendo reports FY2024 record revenue $60.8M (+14% YoY); net income $1.7M vs loss prior year
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- FY revenue $60.8M (+14% YoY); net income $1.7M ($0.06 EPS) vs loss $(0.3M) in FY2023.
- Q4 revenue $16.2M (+15% YoY); net income $0.5M ($0.02 EPS) vs $0.1M.
- Software solutions revenue $23.4M (+30% YoY) driven by disruption from Cisco/Microsoft.
- Adjusted EBITDA $8.2M FY vs $5.7M prior year; operating cash flow $6.3M.
- Cash and equivalents $18.2M at year-end, up from $10.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1075736/000165495425002284/0001654954-25-002284-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1075736/000165495425002284/cxdo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-002284

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer