TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Crexendo, Inc. (CXDO) on Tuesday reported net income of $507,000 in its fourth quarter.
On a per-share basis, the Tempe, Arizona-based company said it had net income of 2 cents. Earnings, adjusted for amortization costs and stock option expense, came to 6 cents per share.
The company posted revenue of $16.2 million in the period.
For the year, the company reported profit of $1.7 million, or 6 cents per share. Revenue was reported as $60.8 million.
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