Asure Software Inc (ASUR) Q1 Earnings and Revenues Beat Estimates

Company Performance - Asure Software Inc (ASUR) reported quarterly earnings of $0.19 per share, exceeding the Zacks Consensus Estimate of$ 0.18 per share, but down from $0.21 per share a year ago, representing an earnings surprise of 5.56% [1] - The company posted revenues of$ 34.85 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.67% and up from $31.65 million year-over-year [2] - Over the last four quarters, Asure Software has surpassed consensus EPS estimates just once and topped consensus revenue estimates only once [2] Stock Performance - Asure Software shares have increased approximately 8% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] - The current consensus EPS estimate for the upcoming quarter is$ 0.15 on revenues of $31.41 million, and for the current fiscal year, it is$ 0.89 on revenues of $135.09 million [7] Industry Outlook - The Internet - Delivery Services industry, to which Asure Software belongs, is currently ranked in the bottom 18% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Asure Software's stock performance [5]