Stock Analysis
- United States
- /
- Professional Services
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- NasdaqCM:ASUR
Asure Software First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Asure Software (NASDAQ:ASUR) First Quarter 2024 Results
Key Financial Results
- Revenue: US$31.7m (down 4.3% from 1Q 2023).
- Net loss: US$308.0k (down by 191% from US$339.0k profit in 1Q 2023).
- US$0.012 loss per share (down from US$0.017 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Asure Software Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Professional Services industry in the US.
Performance of the American Professional Services industry.
The company's shares are down 1.4% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Asure Software has 2 warning signs we think you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether Asure Software is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About NasdaqCM:ASUR
Asure Software
Engages in the provision of cloud-based Human Capital Management (HCM) software solutions in the United States.
Flawless balance sheet and overvalued.