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Crexendo Inc (CXDO) Q3 2024 Earnings Call Highlights: Strong Software Growth Amidst Margin ... [Yahoo! Finance]

Crexendo, Inc. (CXDO) 
NASDAQ:AMEX Investor Relations: crexendo.com/investor
Company Research Source: Yahoo! Finance
Service Revenue: $8 million, up 6% year over year. Product Revenue: $1.8 million, up 9% year over year. Consolidated Gross Margin: 61%, consistent with the prior year. Software Solutions Gross Margin: 71%, consistent with the prior year. Telecom Services Gross Margin: 55%, consistent with the prior year. Net Income: $148,000, or 1 per basic common share. Non-GAAP Net Income: $1.7 million, or 6 per basic and diluted common share. EBITDA: $1 million, compared to $1.2 million in the prior year. Adjusted EBITDA: $1.7 million, compared to $2.1 million in the prior year. Cash and Cash Equivalents: $15.5 million as of September 30, 2024. Cash Provided by Operating Activities: $4.1 million for the nine-month period. Telecom Backlog: $77.4 million, up 22% from Q3 2023. Warning! GuruFocus has detected 5 Warning Signs with CXDO. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Crexen Show less Read more
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