Asure Software, Inc. provides cloud-based human capital management solutions the United States. It helps various small and mid-sized businesses to build productive teams to help them stay compliant and allocate resources to grow their business. The company's solutions include Asure Payroll & Tax, an integrated cloud-based solution automates regulations associated with payroll and taxes, including wages, benefits, overtime, garnishments, tips, direct deposits, and fair labor standard act, as well as federal, state, and local payroll taxes; Asure (human resource) HR, a cloud-based functionality that handles HR complexities, such as employee self-service that enable employees to access information, pay history, and company documents; and Asure Time & Attendance that provides cost savings and return on investment gains come in the form of strategic use of labor dollars and the elimination of time theft. It also provides HR services that offers services comprising on-demand HR resource library, phone and email support for any HR issues, and compliance and policy updates; support for strategic HR decision making; and HR outsourcing solution, as well as data integration with related third-party systems, such as 401(k), benefits, and insurance provider systems. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas.
AUSTIN, Texas, May 14, 2024 (GLOBE NEWSWIRE) -- Asure, a leading provider of cloud-based Human Capital Management (HCM) software solutions, proudly announces the commemoration of a significant milestone: the 100th episode of its small business podcast, "Mission to Grow." This achievement marks a testament to Asure's commitment to empowering small businesses with valuable insights and strategies for success.
AUSTIN, Texas, May 08, 2024 (GLOBE NEWSWIRE) -- Asure Software, Inc. (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (“HCM”) software solutions, is scheduled to participate at the following financial conferences during May and June 2024:
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Asure Software, Inc. (NASDAQ:ASUR ) Q1 2024 Earnings Conference Call May 2, 2024 4:30 PM ET Company Participants Patrick McKillop - Vice President, Investor Relations Pat Goepel - Chairman & Chief Executive Officer John Pence - Chief Financial Officer Eyal Goldstein - President & Chief Revenue Officer Conference Call Participants Joshua Reilly - Needham & Company Bryan Bergin - TD Cowen Richard Baldry - ROTH MKM Jeff Van Rhee - Craig-Hallum Capital Group Vincent Colicchio - Barrington Research Eric Martinuzzi - Lake Street Operator Good afternoon, and welcome to Asure's First Quarter 2024 Earnings Conference Call. Joining us today for today's call are Chairman and CEO, Pat Goepel; Chief Financial Officer, John Pence; and Vice President of Investor Relations, Patrick McKillop.
Reports First Quarter Revenues of $31.7 Million Management Reiterates 2024 Revenue Guidance of $125.0 Million - $129.0 Million AUSTIN, Texas, May 02, 2024 (GLOBE NEWSWIRE) -- Asure Software, Inc. (“we”, “us”, “our”, “Asure” or the “Company”) (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (“HCM”) software solutions, today reported results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Revenue of $31.7 million, down 4% year over year Revenue (excluding ERTC revenue) of $30.7 million, up 10% from $28.0 million in the prior year Recurring revenue of $30.3 million, up 8% year over year Recurring revenue excluding ERTC recurring revenue of zero, up 9% from $27.7 million in the prior year Net loss of $0.3 million versus a net income of $0.3 million during the prior year EBITDA(1) of $4.4 million versus $ 6.8 million from prior year Adjusted EBITDA(1) of $6.8 million versus $8.2 million from prior year Gross profit of $22.6 million versus $24.4 million from prior year Non-GAAP gross profit(1) of $23.8 million (Non-GAAP gross margin(1) of 75%) versus $25.7 million (and 78% in prior year) Recent Business Highlights Launched best-in-class employee self-service and role-based identity access to remove administrative burden for small business owners and empower their employees to better manage their own data.
AUSTIN, Texas, May 01, 2024 (GLOBE NEWSWIRE) -- Asure (NASDAQ: ASUR), a leader in payroll and workforce solutions, today proudly announced its strategic partnership with HRlogics, a firm specializing in tax credits and incentives. This alliance is set to provide Asure's clients with streamlined access to critical tax credits and hiring incentives, enhancing their growth potential and financial robustness.
AUSTIN, Texas, May 01, 2024 (GLOBE NEWSWIRE) -- Asure (NASDAQ: ASUR), a leader in payroll and workforce solutions, today proudly announced its strategic partnership with HRlogics, a firm specializing in tax credits and incentives. This alliance is set to provide Asure's clients with streamlined access to critical tax credits and hiring incentives, enhancing their growth potential and financial robustness.
AUSTIN, Texas, April 18, 2024 (GLOBE NEWSWIRE) -- Asure Software, Inc. (“Asure” or the “Company”) (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, announced today that the Company will hold a conference call on Thursday, May 2, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the first quarter of 2024. Financial results will be issued via press release prior to the call.
AUSTIN, TX / ACCESSWIRE / April 4, 2024 / Asure Software, Inc. (NASDAQ:ASUR) ("Asure" or "the Company"), a provider of cloud-based Human Capital Management (HCM) software solutions and services, has announced a partnership with Key Benefit Administrators (KBA), among the largest third-party administrators in the country. The partnership plans to offer innovative Proactive Health Management Plan (PHMP) solutions to Asure's vast client base, which will provide improved access to proven, patented, and comprehensive population health programs and services.
AUSTIN, TX / ACCESSWIRE / March 8, 2024 / Asure Software, Inc. (NASDAQ:ASUR) ("Asure" or "the Company"), a provider of cloud-based Human Capital Management (HCM) software solutions and services, released its fourth quarter 2023 and full-year 2023 financial results on February 26, 2024. For the full year 2023, Asure reported total revenues of $119.1 million, which were up 24% y/y or 19% y/y when excluding ERTC.