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/Mis Actual Consensu

s s

Estimate

Q2 Miss $30.10 $31 mln

Revenue mln (9

Analysts

)

Q2 Net -$6.10

Income mln

Q2 Miss $5.20 $5.50

Adjusted mln mln (9

EBITDA Analysts

)

Q2 $21.90

Adjusted mln

Gross

Profit

Q2 $1.40

EBITDA 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 ( ASUR ) 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:

(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.)