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

Asure Software

03/05/2024 24:25

* Asure Software Inc  ASUR.OQ  reported quarterly adjusted
earnings of 8 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 25 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 20 cents per share. Wall Street
expected results to range from 18 cents to 22 cents per share.
    * Revenue fell 4.3% to $31.65 million from a year ago;
analysts
expected $31.07 million. 
    * Asure Software Inc's reported EPS for the quarter was a
loss of
1 cent​.
    * The company reported a quarterly loss of $308 thousand.
    * Asure Software Inc shares had fallen by 4.1% this
quarter and
lost 21.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6% 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 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Asure
Software
Inc is $15.00 

This summary was machine generated from LSEG data May 2 at 11:24
p.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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.20           0.08           Missed
 Dec. 31 2023      0.05           0.07           Beat
 Sep. 30 2023      0.06           0.19           Beat
 Jun. 30 2023      0.01           0.11           Beat