Asure Software Q2 Adj EPS $0.11 Beats $0.01 Estimate, Sales $30.42M Beat $25.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
Asure Software reported Q2 losses of $(0.18) per share, missing the analyst consensus estimate of $0.01 by 1900 percent. This is a 350 percent decrease over losses of $(0.04) per share from the same period last year. However, the company reported quarterly sales of $30.42 million, beating the analyst consensus estimate of $25.36 million by 19.95 percent, a 49.85 percent increase over sales of $20.30 million the same period last year.

August 07, 2023 | 8:56 pm
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Asure Software's Q2 earnings per share missed estimates significantly, but sales exceeded expectations.
Asure Software's earnings per share missed estimates by a large margin, which could negatively impact investor sentiment and potentially lead to a decrease in the stock price. However, the company's sales exceeded estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100