Asure Software Inc ( (ASUR) ) has released its Q3 earnings. Here is a breakdown of the information Asure Software Inc presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Asure Software Inc. is a provider of cloud-based Human Capital Management (HCM) software solutions, focusing on streamlining HR processes for organizations of all sizes with a suite of services including payroll, time and attendance, and talent management.
In its third quarter of 2025, Asure Software reported a significant increase in total revenues, marking a 24% rise to $36.3 million compared to the previous year. The company also launched Asure Central™, a new unified client platform designed to enhance scalability and client experience.
Key financial highlights for the quarter include a recurring revenue growth of 11% to $31.8 million, an increase in EBITDA to $3.9 million, and an adjusted EBITDA of $8.1 million. Despite these positive metrics, the company reported a net loss of $5.4 million, which is higher than the previous year’s loss of $3.9 million. The launch of Asure Central™ is expected to reduce engineering complexity and support costs, enabling faster innovation and improved client satisfaction.
Looking forward, Asure Software is optimistic about its growth prospects, with revenue guidance for the fourth quarter of 2025 set between $38.0 million and $40.0 million, and full-year 2026 revenue projected to reach between $158.0 million and $162.0 million. The company anticipates continued demand for its innovative HCM products and aims for improved profitability in the coming periods.