Asure Software
ASUR
Market cap $226M

8.53 USD

-0.01

0.12%

At close Oct 11, 4:00 PM EDT

After hours

8.53

+0.00

0.00%

1 day

-0.12%

5 days

-1.27%

1 month

-0.47%

3 months

-2.74%

6 months

14.65%

Year to date

-5.64%

1 year

-6.47%

5 years

-2.96%

About: Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) solutions delivered as Software-as-a-Service (SaaS). It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its HCM products majorly in the United States.

Employees: 581

Information Technology Computer Integrated Systems Design

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

273% more call options, than puts

Call options by funds: $373K | Put options by funds: $100K

200% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 3 (+2) [Q2]

13% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 30

8% more capital invested

Capital invested by funds: $150M [Q1] → $162M (+$12.4M) [Q2]

1% more funds holding

Funds holding: 94 [Q1] → 95 (+1) [Q2]

7% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 15

0.58% less ownership

Funds ownership: 75.36% [Q1] → 74.77% (-0.58%) [Q2]

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$17

99%

upside

Avg. target

$18.50

117%

upside

High target

$20

134%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Needham Joshua Reilly 58% 1-year accuracy 46 / 80 met price target	134%upside $20	Buy Reiterated	2 Aug 2024
Barrington Research Vincent Colicchio 58% 1-year accuracy 38 / 65 met price target	99%upside $17	Outperform Maintained	26 Jul 2024

See Analyst Rankings

Financial journalist opinion

Asure Software Sets September 2024 Investor Conference Schedule

AUSTIN, Texas, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Asure Software, Inc. (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (“HCM”) software solutions, is scheduled to participate at the following financial conferences during September 2024:

Asure Software Sets September 2024 Investor Conference Schedule

Asure Acquires HIRECLICK, Expands HCM Suite with an Intuitive, AI-Powered Applicant Tracking System

Advanced ATS solution helps small and mid-size businesses to streamline talent acquisition in competitive job markets Advanced ATS solution helps small and mid-size businesses to streamline talent acquisition in competitive job markets

Asure Acquires HIRECLICK, Expands HCM Suite with an Intuitive, AI-Powered Applicant Tracking System

Asure Software, Inc. (ASUR) Q2 2024 Earnings Call Transcript

Asure Software, Inc. (NASDAQ:ASUR ) Q2 2024 Results Conference Call August 1, 2024 4:30 PM ET Company Participants Patrick McKillop - Vice President, Investor Relations Pat Goepel - Chairman & Chief Executive Officer John Pence - Chief Financial Officer Eyal Goldstein - President & Chief Revenue Officer Conference Call Participants Joshua Reilly - Needham & Company Jared Levine - TD Cowen Eric Martinuzzi - Lake Street Capital Jeff Van Rhee - Craig Hallum Capital Group Vincent Colicchio - Barrington Research Greg Gibas - Northland Securities Robert Galvin - Stifel Operator Good afternoon, and welcome to Asure's Second Quarter 2024 Earnings Conference Call. Joining us today -- on today's call are Chairman and CEO, Pat Goepel; Chief Financial Officer, John Pence; and Vice President of Investor Relations, Patrick McKillop.

Asure Software, Inc. (ASUR) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Asure Software Inc (ASUR) Misses Q2 Earnings and Revenue Estimates

Asure Software Inc (ASUR) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.11 per share a year ago.

Asure Software Inc (ASUR) Misses Q2 Earnings and Revenue Estimates

Asure Announces Second Quarter 2024 Results

Reports Second Quarter Revenues of $28 Million Recurring Revenues Grew 18% Versus Prior Year Second Quarter AUSTIN, Texas, Aug. 01, 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 second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Revenue of $28 million, down $2.4 million (8% year over year) owing to a $6.5 million reduction in ERTC revenue Revenue (excluding ERTC revenue) of $27.5 million, up 18% from $23.3 million versus the same period of the prior year Recurring revenue of $27.1 million, up 18% year over year 1 Net loss of $4.4 million versus a net loss of $3.8 million during the same period of the prior year EBITDA(1) of $1.3 million versus $3.3 million during the same period of the prior year Adjusted EBITDA(1) of $4.1 million versus $6.1 million during the same period of the prior year Gross profit of $18.9 million versus $22.0 million during the same period of the prior year Non-GAAP gross profit(1) of $20.4 million (Non-GAAP gross margin(1) of 73%) versus $23.4 million (and 77% during the same period of the prior year) First Half 2024 Financial Highlights Revenue of $59.7 million, down 6% from prior year first half Revenue (excluding ERTC revenue) of $58.2 million, up 13.5% from prior year first half Recurring revenue of $57.3 million, up 13% from prior year first half Recurring revenue (excluding ERTC revenue) of $57.3 million, up 13% from prior year first half Net loss of $4.7 million versus a net loss of $3.4 million in the prior year first half EBITDA(1) of $5.7 million versus $10.2 million in the prior year first half Adjusted EBITDA(1) of $10.9 million versus $14.3 million in the prior year first half Gross profit of $41.5 million versus $46.4 million in the prior year first half Non-GAAP gross profit(1) of $44.2 million (margin of 74%) versus $49.1 million (margin of 77%) in prior year first half Recent Business Highlights Announced new agreement for Asure's Payroll Tax Management platform with Vensure Employer Solutions, the largest privately held organization in the HR technology and service sector.

Asure Announces Second Quarter 2024 Results

Zacks Investment Research

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Asure Software to Announce Second Quarter 2024 Financial Results on August 1, 2024

AUSTIN, Texas, July 18, 2024 (GLOBE NEWSWIRE) -- Asure Software, Inc. (“Asure” or the “Company”) (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, announced today that the Company will hold a conference call on Thursday, August 1, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the second quarter of 2024. Financial results will be issued via press release prior to the call.

Asure Software to Announce Second Quarter 2024 Financial Results on August 1, 2024

Asure Announces Strategic Partnership with MyHRScreens to Provide Enhanced Background Screening Services for Small and Mid-Sized Businesses

Comprehensive background checks mitigate risk, accelerate employee onboarding and support growth and success for small businesses Comprehensive background checks mitigate risk, accelerate employee onboarding and support growth and success for small businesses

Asure Announces Strategic Partnership with MyHRScreens to Provide Enhanced Background Screening Services for Small and Mid-Sized Businesses

Asure Powers New Payroll Tax Product for Vensure Employer Solutions

Collaboration will introduce the PrismHR TAX platform, delivering payroll tax management services for PrismHR clients and Vensure's internal operations.

Asure Powers New Payroll Tax Product for Vensure Employer Solutions

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