Asure Software reports Q1 profit on organic growth, margin improvement

Asure Software

30/04/2026 21:20

Overview

US HCM software firm's Q1 revenue rose 23% yr/yr, beating analyst expectations

Adjusted EBITDA for Q1 increased 69% and beat analyst expectations

Company returned to net profit after prior-year loss, citing organic growth and margin gains

Outlook

Asure sees Q2 revenue between $36.0 mln and $38.0 mln

Company expects full-year 2026 revenue of $159.0 mln to $163.0 mln

Asure targets Q2 adjusted EBITDA of $6.0 mln to $8.0 mln

Result Drivers

ORGANIC GROWTH - Co attributed revenue and profit gains to accelerating organic growth and margin improvement

STRATEGIC INVESTMENTS - Management cited ongoing investments in platform, personnel, and go-to-market as supporting growth

SEASONALITY - Q1 results benefited from seasonally strong recurring year-end W2/ACA revenue recognition

Company press release: ID:nGNX5Cf4Bj

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$42.80 mln
$41.87 mln (9 Analysts)
Q1 Net Income
$600,000
Q1 Adjusted EBITDA
Beat
$12.30 mln
$10.68 mln (9 Analysts)
Q1 Adjusted Gross Profit
$32.30 mln
Q1 EBITDA
$9.40 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 40.8% above its April 29 closing price of $9.23

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

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