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) is a provider of cloud-based Human Capital Management (HCM) software, and the ASUR news feed on Stock Titan aggregates company-specific announcements and disclosures. Asure’s public communications focus on how its HCM suite—covering HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management—evolves through product updates, acquisitions, and partnerships.
Investors and observers following ASUR news will see regular press releases on quarterly financial results, often furnished via Form 8-K, where the company discusses revenue trends, recurring revenue, and non-GAAP metrics such as EBITDA and adjusted EBITDA. These earnings-related updates frequently include management commentary on demand for HCM products, integration progress across the suite, and guidance ranges for upcoming quarters or fiscal years.
The ASUR news stream also highlights strategic transactions and corporate developments. For example, Asure has announced the acquisition of Lathem Time 2025, LLC, described as primarily a provider of time and attendance products, and has detailed related financing arrangements in its filings. The company has also publicized partnerships such as its collaboration with PensionBee, a digital-first retirement provider, which is presented as part of Asure’s Partner Marketplace for value-added services.
Operational and leadership updates appear in the news as well, including the appointment of senior executives to oversee operations across payroll, HR, compliance, workforce management, and managed services. In addition, Asure issues notices about upcoming investor conference participation and scheduled earnings calls, providing dates, times, and access details for these events.
By reviewing the ASUR news page, readers can track how Asure’s HCM platform, financial performance, acquisitions, partnerships, and leadership decisions are communicated over time through official press releases and related disclosures.
Asure Software, Inc. (Nasdaq: ASUR) announced a new integration with H&R Block aimed at simplifying tax preparation for employees and small businesses. This collaboration allows employees to electronically access their W-2s from Asure into H&R Block's tax software, streamlining the tax process and minimizing manual input errors. The integration, available for all employees receiving W-2s from Asure's clients, enhances the competitive edge for small businesses in talent acquisition by demonstrating a commitment to employee convenience. CEO Pat Goepel emphasized the initiative as a significant advancement in leveraging technology for workforce management.
AUSTIN, Texas, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Asure Software (Nasdaq: ASUR) will participate in the 25th Annual Needham Growth Conference on January 12, 2023, virtually. Eyal Goldstein, President and Chief Revenue Officer, and John Pence, CFO, will present and hold one-on-one meetings with investors. Asure specializes in cloud-based Human Capital Management (HCM) solutions, providing services like Payroll and HR to small and mid-sized companies. For inquiries or to arrange meetings, contact Asure's investor relations team.
Asure Software reported Q3 2022 revenue of $21.9 million, a 22% increase year-over-year, but incurred a net loss of $4.5 million compared to net income of $5.3 million in Q3 2021. Adjusted EBITDA rose 71% to $2.1 million, with total bookings increasing by 91% year-over-year. Asure raised its Q4 revenue guidance to a growth range of 11% to 14% and provided preliminary 2023 revenue guidance of $98 to $102 million. The company is focusing on automation and enhancing HR compliance to drive future revenue growth.
Asure, a cloud-based Human Capital Management (HCM) software provider, announced the release of its financial results for Q3 2022, scheduled for November 7, 2022, after market close. The company will hold a conference call hosted by CEO Pat Goepel and CFO John Pence at 3:30 PM CT to discuss the results, followed by a Q&A session. Investors can access a live webcast on their Investor Relations page.
Asure supports over 80,000 small and mid-sized businesses with solutions including payroll, tax, HR, and compliance.
Asure Software and Equifax have announced a new integration that enables Asure's clients to access automated verification services from The Work Number. This integration aims to streamline employment and income verifications for small businesses, benefiting approximately 80,000 customers. Employers will save time by reducing manual verification requests, while employees can achieve faster access to critical services during life milestones. The integration is available at no cost to Asure clients and reflects a commitment to enhancing Human Capital Management (HCM) functionality.
Asure Software and Equifax have announced a new integration that allows Asure clients access to The Work Number, providing automated verifications for employment and income. This integration aims to benefit over 80,000 small businesses and their employees by streamlining the verification process, reducing manual efforts, and enhancing efficiency. With a database of 584 million employment records, The Work Number offers quick and secure verifications, essential for significant life events like mortgage applications. The service is available now at no extra cost to Asure clients.
Asure Software (Nasdaq: ASUR) has unveiled new proprietary technology aimed at automating back-office processes for CPAs and tax professionals dealing with the Employee Retention Tax Credit (ERTC). This innovation responds to increased demand for amended tax returns, streamlining the calculation of compliant tax credits for small businesses. CEO Pat Goepel emphasized that this technology will not only enhance operational efficiency for CPA partners but also drive organic growth for Asure. The solution builds on Asure’s existing FlexTax platform, which facilitates cloud-based payroll tax processing.
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Asure Software has signed an agreement to be a preferred provider of payroll tax filing software for PrismHR, enhancing Asure's offerings in the PEO and ASO markets. This partnership integrates Asure’s FlexTax payroll tax filing engine with PrismHR’s payroll system, benefiting over 80,000 organizations. The service includes a flexible suite of Payroll Tax Management Services, with an intuitive 24/7 interface for users. The integration is set to launch on October 1, providing businesses with scalable solutions for payroll tax filing as they navigate evolving HR landscapes.
Asure Software (Nasdaq: ASUR) reported strong Q2 2022 results, with revenue reaching $20.3 million, marking an 18% increase year-over-year. The company achieved an impressive 87% growth in new sales bookings and a 23% rise in Non-GAAP EBITDA to $1.3 million. Despite a net loss of $0.7 million, Asure maintained a solid cash position of $14.6 million. The company plans to launch innovative solutions, including a new Tax Portal and Integration Marketplace, aimed at enhancing client experience and operational efficiency.