Asure Software crashed to a $0.15 loss per share in Q2, a shock 227% miss on estimates that overshadowed a slim revenue beat and upbeat guidance. The HR software provider grew revenue 23% year-over-year to $37.1 million, but Wall Street's profit expectations evaporated as operating losses widened, though adjusted EBITDA margins climbed to 20.9%.
Asure Software :
ASUR
ASUR
Stock Data
$8.67
$0.04 (0.46%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
SOFTWARE - APPLICATION
Asure Software Inc specializes in cloud-based Human Capital Management (HCM) software solutions, primarily serving small and medium-sized businesses in the United States. The company offers a suite of tools designed to enhance workforce productivity, ensure compliance, and streamline resource allocation. Key offerings include Asure Payroll & Tax for payroll automation, Tax Management Solutions for payroll tax processing, and comprehensive HR services ranging from on-demand support to complete HR outsourcing. Additionally, Asure Software provides time and attendance solutions and integrates with third-party providers through AsureMarketplace, all aimed at optimizing labor costs and improving HR operations.
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