CXDO Q3 2023 Earnings — Crexendo, Inc. Revenue & Financial Results | Market Cap Arena

CXDOCrexendo, Inc.

$220M

Q3 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$14M+52.3% YoY

Gross Profit

$8M60.9% margin

Operating Income

$364,0002.6% margin

Net Income

$2M12.3% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+9.5%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$2M

Stock-Based Comp.

$843,000

Balance Sheet

Total Assets

$55M

Total Liabilities

$12M

Stockholders' Equity

$44M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14M	$9M	+52.3%
Gross Profit	$8M	$6M	+38.3%
Operating Income	$364,000	-$544,000	+166.9%
Net Income	$2M	-$696,000	+344.8%

Revenue Segments

Cloud Telecommunications Service

$14M100%