Asure Software Inc reports results for the quarter ended in September 30 - Earnings Summary

• Asure Software Inc ASUR.OQ reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of nine analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 17 cents to 23 cents per share.

• Revenue fell 0.1% to $29.30 million from a year ago; analysts expected $31.29 million.

• Asure Software Inc's reported EPS for the quarter was a loss of 15 cents​.

• The company reported a quarterly loss of $3.9 million.

• Asure Software Inc shares had risen by 6.6% this quarter and gained 1.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Asure Software Inc is 15.00

This summary was machine generated from LSEG data November 1 at 03:35 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)