Asure Software Q4 2023 GAAP EPS $(0.14) Misses $(0.13) Estimate, Sales $26.26M Miss $26.39M Estimate
Portfolio Pulse from Benzinga Newsdesk
Asure Software (NASDAQ:ASUR) reported Q4 2023 GAAP EPS of $(0.14), missing the $(0.13) estimate, with sales of $26.26M also missing the $26.39M estimate, marking a 10.34% decrease from the same period last year.
February 26, 2024 | 9:42 pm
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NEGATIVE IMPACT
Asure Software reported Q4 2023 earnings with a GAAP EPS of $(0.14) and sales of $26.26M, both missing estimates and showing a significant year-over-year decrease.
Missing both EPS and sales estimates, especially with a notable year-over-year decrease in sales, typically leads to negative investor sentiment and could result in a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100