Earnings ·
Asure Software reports Q3 revenue of $40.0M and provides FY27 guidance up to $187M
ASURAsure Software Inc
Asure Software reported third-quarter revenue of $40.0 million, a 10% increase year-over-year, with recurring revenue rising 16% to $36.9 million. The company posted a net loss of $0.6 million and adjusted EBITDA of $10.5 million, both significant improvements over prior-year figures. Management provided full-year 2027 revenue guidance of $183.0 million to $187.0 million and adjusted EBITDA margins of 26% to 28%. The filing also notes the completion of a $26.5 million acquisition in the southeastern U.S. and a new credit agreement providing up to $115.0 million in borrowings. Asure Software provides cloud-based Human Capital Management software solutions.