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Asure Software Inc - ASUR STOCK NEWS

Welcome to our dedicated page for Asure Software news (Ticker: ASUR), a resource for investors and traders seeking the latest updates and insights on Asure Software stock.

Asure Software Inc (NASDAQ: ASUR) provides cloud-based Human Capital Management solutions helping businesses streamline HR, payroll, and compliance operations. This news hub offers investors and professionals centralized access to verified corporate developments and market-moving updates.

Track essential ASUR announcements including quarterly earnings, strategic partnerships, product enhancements, and regulatory compliance updates. Our curated feed ensures timely access to operational milestones, leadership changes, and technology innovations within the competitive HCM SaaS sector.

Key updates cover three critical areas: financial performance including earnings calls and SEC filings, strategic initiatives like acquisitions or technology integrations, and product evolution through new feature releases. Bookmark this page for objective reporting on how ASUR continues addressing modern workforce challenges through cloud-based solutions.

News
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Asure Software terminates Loan Agreement and repays $30.9 million in outstanding obligations, enhancing cash flow and financial flexibility.
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Asure Software, Inc. (Nasdaq: ASUR) to participate in multiple financial conferences in September.
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Asure Software completes public offering of common stock, selling 3,333,333 shares at $12.00 per share. Proceeds may be used to acquire businesses and repay debt. Strong Q2 2023 results show 50% y/y revenue growth to $30.4 million. Potential benefits include paying off high-interest loan and top-line revenue growth from acquisitions. CEO highlights technology enhancements and partnerships.
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Asure Software closes underwritten public offering, raising approximately $40 million
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Asure Software announces pricing of public offering following strong Q2 2023 financial results
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Asure Software, Inc. announces the pricing of an underwritten public offering of 3,333,333 newly issued shares of common stock at a price of $12.00 per share. The gross proceeds are expected to be approximately $40 million. The offering is expected to close on August 21, 2023. Asure intends to use the net proceeds for general corporate purposes, including potential acquisitions or investments and repayment of outstanding indebtedness.
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Asure Software, Inc. plans to offer and sell newly issued shares of its common stock in an underwritten public offering. The company will grant the underwriters a 30-day over-allotment option. The net proceeds will be used for general corporate purposes, including potential acquisitions or investments and repayment of outstanding indebtedness. Stifel and Craig-Hallum are acting as joint book-running managers for the offering.
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Asure Software reports strong Q2 2023 financial results with revenue of $30.4 million, up 50% YoY. Recurring revenue jumped 21% YoY to $23 million. Adjusted EBITDA improved by $5.5 million YoY to reach $6.1 million. Gross profits climbed 80% YoY to $22 million. Management updates full-year 2023 revenue guidance to a range of $118 million to $120 million and adjusted EBITDA range of 19% to 20%. Asure forms strategic alliance with Vestwell to launch Asure 401(k) plan for small and medium-sized businesses.
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Asure Software, Inc. reported second-quarter revenues of $30.4 million, a 50% increase from the previous year. They also raised their 2023 financial targets and guidance. Recent business highlights include a new 401k product, a partnership with Amazon Web Services, and the release of an impact study on HR best practices. Asure has been added to the Russell 3000 Index. CEO Pat Goepel expressed optimism about the company's performance and their commitment to providing innovative HCM solutions for small businesses.
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Asure Software Inc

Nasdaq:ASUR

ASUR Rankings

ASUR Stock Data

257.44M
25.08M
7.02%
77.73%
3.24%
Software - Application
Services-computer Integrated Systems Design
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United States
AUSTIN