Asure Software Q3 2023 EPS $(0.10) Up From $(0.22) YoY, Revenue $29.3M Beats $26.457M Estimate
Portfolio Pulse from Benzinga Newsdesk
Asure Software reported an improvement in Q3 2023 EPS to $(0.1) from $(0.22) year-over-year, and revenue of $29.3M exceeded the $26.457M estimate.
November 13, 2023 | 9:26 pm
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POSITIVE IMPACT
Asure Software's Q3 2023 earnings per share improved to $(0.1) from $(0.22) in the same quarter last year, and revenue of $29.3M exceeded the analyst estimate of $26.457M.
The improvement in EPS and the revenue beat are strong indicators of Asure Software's financial performance exceeding expectations. This positive earnings report is likely to instill investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100