Crexendo: Fourth Quarter Financial Overview

Crexendo, Inc. Announces Fourth Quarter Financial Results

Crexendo, Inc., headquartered in Tempe, Arizona, revealed on Tuesday that it earned $1.2 million during the fourth quarter.

The company reported earnings of $0.04 per share. When adjusted for amortization and stock-based compensation, the earnings increased to $0.09 per share.

During this quarter, Crexendo generated $18.1 million in revenue.

For the entire fiscal year, the company achieved a net income of $5.1 million, translating to $0.16 per share, with total revenue reaching $68.2 million.