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Stock impact report

Asure Announces Third Quarter 2024 Results

Asure Software Inc (ASUR) 
Last asure software inc earnings: 3/12 04:01 pm Check Earnings Report
Company Research Source: GlobeNewswire
Reports Third Quarter Revenues of $29.3 Million Recurring Revenues Grew 20% Versus Prior Year Third Quarter AUSTIN, Texas, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Asure Software, Inc. (“we”, “us”, “our”, “Asure” or the “Company”) (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (“HCM”) software solutions, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Revenue of $29.3 million, nearly unchanged versus the same period of the prior yearRevenue (excluding ERTC revenue) of $29.2 million, up 20% from $24.4 million versus the same period of the prior yearRecurring revenue of $28.6 million, up 20% year over year. Recurring revenue was 98% of total revenue versus 81% the same period of the prior yearNet loss of $3.9 million versus a net loss of $2.2 million during the same period of the prior year EBITDA(1) of $2.2  million versus $3.0 million during the same period of the prior year  Adjusted EBITDA(1) o Show less Read more
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