Asure Software beats Q3 revenue estimates

Reuters10-31
Asure Software beats Q3 revenue estimates

Overview

  • Asure Software Q3 2025 revenue rises 24% to $36.3 mln, beating analyst expectations

  • Adjusted EBITDA for Q3 2025 beats analyst estimates, highlighting operational improvements

  • Company reports net loss of $5.4 mln for Q3 2025

Outlook

  • Company expects Q4 2025 revenue between $38.0 mln and $40.0 mln

  • Asure forecasts FY 2025 revenue between $139.0 mln and $141.0 mln

  • Company projects FY 2026 revenue between $158.0 mln and $162.0 mln

Result Drivers

  • PRODUCT LINE GROWTH - Co reports growth in payroll, benefits, and applicant tracking lines contributed to revenue increase

  • ASURE CENTRAL LAUNCH - Launch of Asure Central™ expected to enhance scalability, client satisfaction, and reduce engineering complexity

  • TIME AND ATTENDANCE CONTRIBUTION - Strong contributions from time and attendance and payroll tax management products supported growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$36.30 mln

$35.88 mln (9 Analysts)

Q3 EPS

-$0.19

Q3 Net Income

-$5.4 mln

Q3 Adjusted EBITDA

Beat

$8.1 mln

$7.97 mln (9 Analysts)

Q3 Adjusted Gross Profit

$25.4 mln

Q3 EBITDA

$3.90 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

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

  • Wall Street's median 12-month price target for Asure Software Inc is $13.00, about 37.4% above its October 29 closing price of $8.14

Press Release: ID:nGNX7HJXz8

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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