Asure Software Q2 revenue misses expectations

Asure Software

31/07/2025 21:09

Overview

Asure Q2 2025 revenue grows 7% yr/yr, missing analyst expectations, per LSEG data

Adjusted EBITDA for Q2 2025 misses analyst estimates, per LSEG data

Co completes acquisition of Lathem Time Corp, enhancing time and attendance solutions

Outlook

Asure Software expects Q3 2025 revenue between $35 mln and $37 mln

Company raises full-year 2025 revenue guidance to $138 mln - $142 mln

Asure Software forecasts Q3 2025 adjusted EBITDA of $7 mln - $9 mln

Company anticipates full-year 2025 adjusted EBITDA margin of 22% - 24%

Result Drivers

PAYROLL TAX MANAGEMENT - Strong performance from Payroll Tax Management product line contributed to revenue growth

HCM PRODUCT ATTACH RATES - Improved attach rates of HCM products supported revenue increase, according to CEO Pat Goepel

ACQUISITION IMPACT - Acquisition of Lathem Time Corp expected to enhance time and attendance solutions and drive cross-selling opportunities, per CEO Pat Goepel

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$30.10 mln
$31 mln (9 Analysts)
Q2 Net Income
-$6.10 mln
Q2 Adjusted EBITDA
Miss
$5.20 mln
$5.50 mln (9 Analysts)
Q2 Adjusted Gross Profit
$21.90 mln
Q2 EBITDA
$1.40 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "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 $13.50, about 28.1% above its July 30 closing price of $9.70

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNX5ntQ3Y

(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.)