Asure Software Sees Q3 Revenue $30M-$33M Vs $31.84M Est.; FY24 Revenue $123M-$129M Vs $126.35M Est.
Portfolio Pulse from Benzinga Newsdesk
Asure Software has updated its revenue guidance for Q3 2024 to $30M-$33M, compared to the previous estimate of $31.84M. For FY 2024, the revenue guidance is now $123M-$129M, compared to the previous estimate of $126.35M. The adjustments are due to variability in the timing of closing and implementing large enterprise arrangements and anticipated acquisitions.
August 01, 2024 | 9:34 pm
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Asure Software has updated its revenue guidance for Q3 2024 to $30M-$33M and for FY 2024 to $123M-$129M. The adjustments are due to variability in the timing of closing and implementing large enterprise arrangements and anticipated acquisitions.
The updated revenue guidance for both Q3 2024 and FY 2024 is slightly above previous estimates, which is likely to be viewed positively by investors. The adjustments are attributed to the timing of large enterprise deals and acquisitions, indicating potential growth opportunities.
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