CXDO Q2 2024 Earnings — Crexendo, Inc. Revenue & Financial Results | Market Cap Arena

CXDOCrexendo, Inc.

$220M

Q2 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$15M+15.9% YoY

Gross Profit

$9M63.3% margin

Operating Income

$580,0003.9% margin

Net Income

$588,0004.0% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$3M

Stock-Based Comp.

$784,000

Balance Sheet

Total Assets

$60M

Total Liabilities

$11M

Stockholders' Equity

$48M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$15M	$13M	+15.9%
Gross Profit	$9M	$7M	+25.6%
Operating Income	$580,000	-$517,000	+212.2%
Net Income	$588,000	-$545,000	+207.9%

Revenue Segments

Cloud Telecommunications Segment

$162,000100%