Asure Software beats Q3 revenue estimates

Asure Software

30/10/2025 20:13

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)