Crexendo announces second quarter 2023 results

Phoenix, az / accesswire / august 10, 2023 / crexendo, inc. (nasdaq:cxdo), an award-winning premier provider of cloud communication platform and services, video collaboration and managed it services designed to provide enterprise-class cloud solutions to any size business, today announced financial results for the second quarter ended june 30, 2023. second quarter financial highlights: total revenue increased 43% year-over-year to $12.7 million gaap net loss of $(545,000), or $(0.02) per basic and diluted common share non-gaap net income of $1.1 million, or $0.04 per basic and diluted common share financial results for the second quarter of 2023 (in thousands, except per share data) consolidated total revenue for the second quarter of 2023 increased 43%, or $3,824, to $12,670 compared to $8,846 for the second quarter of 2022.
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