Crexendo, Inc.: Crexendo Announces First Quarter 2021 Results
PHOENIX, AZ / ACCESSWIRE / May 11, 2021 / Crexendo, Inc. (NASDAQ:CXDO), an award-winning premier provider of cloud communications, UCaaS (Unified Communications as a Service), call center, collaboration services, and other cloud business services that are designed to provide enterprise-class cloud services to any size business at affordable monthly rates, today reported financial results for the first quarter ended March 31, 2021.
First Quarter Financial highlights:
Service revenue increased 19% year-over-year to $4.1 million.
GAAP net loss of $(715,000) or a $(0.04) loss per basic and diluted common share.
Non-GAAP net income of $308,000 or $0.02 per basic and diluted common share.
Financial Results for the First Quarter of 2021