Despite a net loss and reduced margins, Asure Software Inc remains optimistic with robust revenue projections and strategic acquisitions.
Comparative Insights Against Analyst Expectations and Future Projections
Online payroll and human resource software provider Asure (NASDAQ:ASUR) reported Q1 CY2024 results exceeding Wall Street analysts' expectations, with revenue down 4.3% year on year to $31.65 million. The company expects next quarter's revenue to be around $28.5 million, in line with analysts' estimates. It made a GAAP loss of $0.01 per share, down from its profit of $0.02 per share in the same quarter last year.