Asure Software (NASDAQ:ASUR) Issues Quarterly Earnings Results, Misses Expectations By $0.27 EPS

Asure Software (NASDAQ:ASUR) released its earnings results on Thursday. The technology company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.27), FiscalAI reports. Asure Software had a positive return on equity of 8.12% and a negative net margin of 6.81%.The firm had revenue of $37.11 million for the quarter, compared to the consensus estimate of $36.96 million.

Here are the key takeaways from Asure Software’s conference call:

• Q2 revenue rose 23% year over year to $37.1 million, while adjusted EBITDA increased 48% to $7.7 million and adjusted EBITDA margin expanded to 21% from 17%.
• Management raised full-year 2026 guidance to $159 million–$163 million of revenue and 24%–25% adjusted EBITDA margins, with Q3 revenue expected at $38 million–$40 million and adjusted EBITDA of $8 million–$10 million.
• AsureCentral now supports a majority of the company’s roughly 30,000 direct clients, contributing to a 6% year-over-year increase in multi-product customers and creating opportunities to expand average products per client from two toward four or more.
• The enterprise payroll tax platform reached an important milestone with 2 million Vensure-supported employees live; management also cited a robust pipeline, approximately $80 million of contracted backlog, and expectations for double-digit organic growth in the second half.
• Second-half reported growth will face comparisons against approximately $10 million of prior-year non-recurring revenue, including large tax-related professional services projects; the company currently expects only $5 million–$6 million of non-recurring revenue in the second half, while carrying $68.9 million of debt against $19.7 million of cash.

Asure Software Price Performance

Shares of NASDAQ:ASUR traded down $0.07 during midday trading on Thursday, reaching $8.37. 135,193 shares of the company were exchanged, compared to its average volume of 105,662. The stock has a market cap of $240.05 million, a PE ratio of -23.25, a price-to-earnings-growth ratio of 1.01 and a beta of 0.50. The business’s fifty day moving average is $8.35 and its two-hundred day moving average is $8.64. Asure Software has a one year low of $6.80 and a one year high of $10.25. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 0.31.

Institutional Trading of Asure Software

Hedge funds have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD grew its position in shares of Asure Software by 10.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 36,992 shares of the technology company’s stock valued at $349,000 after purchasing an additional 3,536 shares in the last quarter. Rothschild Wealth LLC bought a new position in Asure Software during the fourth quarter valued at approximately $471,000. Barclays PLC boosted its stake in Asure Software by 8.3% during the fourth quarter. Barclays PLC now owns 39,357 shares of the technology company’s stock valued at $371,000 after buying an additional 3,033 shares during the last quarter. State Street Corp grew its holdings in Asure Software by 1.8% during the 4th quarter. State Street Corp now owns 506,409 shares of the technology company’s stock valued at $4,770,000 after buying an additional 9,065 shares in the last quarter. Finally, Boston Partners bought a new stake in Asure Software in the 4th quarter worth approximately $108,000. Hedge funds and other institutional investors own 71.58% of the company’s stock.

Analyst Ratings Changes

ASUR has been the topic of several recent analyst reports. Barrington Research restated an “outperform” rating and set a $15.00 price objective on shares of Asure Software in a research report on Friday, April 24th. TD Cowen upgraded Asure Software to a “strong-buy” rating in a research note on Monday, May 18th. Wall Street Zen raised Asure Software from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Weiss Ratings upgraded Asure Software from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, July 2nd. Finally, Zacks Research lowered Asure Software from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $15.00.

Trending Headlines about Asure Software

Here are the key news stories impacting Asure Software this week:

• Positive Sentiment: Second-quarter revenue increased 23% year over year to $37.1 million, narrowly exceeding the $36.96 million analyst estimate. Recurring revenue rose 19% to $34.0 million. Asure Announces Second Quarter 2026 Results
• Positive Sentiment: Profitability trends improved: net loss narrowed to $4.4 million from $6.1 million, while adjusted EBITDA increased to $7.7 million from $5.2 million. First-half adjusted EBITDA also rose substantially to $20.1 million from $12.6 million. Asure Announces Second Quarter 2026 Results
• Neutral Sentiment: Asure issued third-quarter revenue guidance of $38 million to $40 million, broadly close to the $39.5 million consensus estimate, while full-year revenue guidance of $159 million to $163 million brackets the $160.8 million analyst forecast.
• Negative Sentiment: Quarterly earnings fell short of expectations. Zacks reported adjusted earnings of $0.08 per share versus the $0.12 consensus estimate, down from $0.09 a year earlier. Other earnings summaries characterized the quarter’s EPS result as a larger loss than expected, adding uncertainty around the exact reported figure. Asure Software, Inc. Lags Q2 Earnings and Revenue Estimates
• Negative Sentiment: Although revenue guidance is near analyst expectations, the lack of a clear EPS outlook and the slight midpoint shortfall in full-year guidance may be weighing on investor sentiment, particularly after the earnings miss.

Asure Software Company Profile

Asure Software, Inc (NASDAQ: ASUR) is a Texas?based technology company specializing in cloud?based workforce and workspace management solutions. The company develops software that streamlines human capital management (HCM), payroll processing, time and attendance tracking, and workspace reservation for businesses seeking to optimize employee experience and operational efficiency.

The Asure platform includes modules for payroll administration, benefits enrollment, performance management, applicant tracking and onboarding, as well as mobile and web?based timekeeping.