2024-04-10 16:09:58 ET
Summary
- Crexendo, Inc., which is behind the fastest-growing UCaaS platform in North America, has done exceedingly well over the past year.
- CXDO's near-term focus on M&A integration, a growing subscription revenue model, and improved cash flow generation have all played a part.
- Given the EBITDA outlook, forward EV/EBITDA valuations don't look too appealing.
- CXDO no longer looks like a promising rotational play with the small-cap universe, and after breaking its trendline on the weekly chart, the pattern of lower lows and lower highs are yet to abate.
Company Snapshot
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Crexendo: Commendable Progress Under The New CEO, But Not A Great Buy Here