Asure Software Q2 2024 Adj. EPS $0.09 Misses $0.13 Estimate, Sales $28.044M Miss $28.579M Estimate
Portfolio Pulse from Benzinga Newsdesk
Asure Software (NASDAQ:ASUR) reported Q2 2024 earnings of $0.09 per share, missing the analyst estimate of $0.13 by 30.77%. Sales were $28.044M, also missing the estimate of $28.579M. Both earnings and sales decreased compared to the same period last year.
August 01, 2024 | 9:31 pm
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Asure Software's Q2 2024 earnings and sales both missed analyst estimates, with earnings per share at $0.09 versus the expected $0.13 and sales at $28.044M versus the expected $28.579M. Both metrics also showed a year-over-year decline.
The significant miss on both earnings and sales estimates, coupled with year-over-year declines, is likely to negatively impact Asure Software's stock price in the short term.
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