TEMPE, Ariz. (AP) _ Crexendo Inc. (CXDO) on Tuesday reported third-quarter net income of $131,000.
On a per-share basis, the Tempe, Arizona-based company said it had profit of 1 cent. Earnings, adjusted for stock option expense and amortization costs, came to 2 cents per share.
The company posted revenue of $4.1 million in the period.
Crexendo shares have increased 63% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.91, a climb of 61% in the last 12 months.
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