Crexendo shares rise 3.62% intraday after Q2 revenue beats analyst expectations.

Crexendo, Inc. rose 3.62% in intraday trading, with the company reporting a net income of $1.2 million in its second quarter, beating analyst expectations. The company posted revenue of $16.6 million in the period, with earnings, adjusted for stock option expense and amortization costs, at 9 cents per share.