Crexendo, Inc. (NASDAQ:CXDO) Q3 2023 Earnings Call Transcript

Kate Knop: Okay, great. Thanks.

Operator: Our next questioner is Michael Kaufman with MK Investments

Jeff Korn: Hi Michael, how are you, sir?

Operator: [Operator instructions].

Michael Kaufman: Congratulations on an incredible quarter.

Jeff Korn: Thank you, Michael.

Michael Kaufman: More importantly, the fact that you’re cashflow positive when many of your major competitors are drowning in debt. So, I believe you are truly a diamond in the rough, and I guess a mention was made of the Ooma acquisition. And I believe that you’ll start seeing more coverage on the company and that the valuations will start to improve commensurate with the good work that you guys are doing. So, just keep up the great work and stay with the basic fundamental finance propositions, and you’ll be going to the diamond in the sky.

Jeff Korn: Well, thank, thank you, Michael. And I guarantee you, there’s nobody in this room who does not believe that the business should be managed based upon fundamental business principles. We all do that. We’re doing that carefully, and I think the results we have seen since Q1 reflect that. But your support is greatly appreciated, and I certainly hope the analysts who are listening to you will start to agree and we’ll see the valuations go up. But thank you, Michael.

Michael Kaufman: Take care.

Operator: We have reached the end of our question-and-answer session. Do our hosts have any closing remarks?

Jeff Korn: No, sir. Mike, I appreciate you taking the call, and I genuinely appreciate everybody who called in and listened and asked questions. As I said before, we’re very, very excited about the future, and I’m excited for us all to speak with you again in March when we disclose Q4 results. So, until then, take good care. Bye.

Jon Brinton: Thanks, everybody.

Operator: This concludes today’s conference, and you may disconnect your lines at this time. Thank you for your participation.