Asure Software Inc (NASDAQ:ASUR) provider of cloud-based software-as-a-service, is expected to report second quarter earnings results, after market close, on Monday 10th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.04 per share.
Looking ahead, the full year income are expected at $ 0.18 per share on the revenues of $ 63.33 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 72.00 million ~ $ 74.00 million
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Previous Quarter Performance
Asure Software Inc recorded income for the first quarter of $ 0.21 per share, from the revenue of $ 18.95 million. The quarterly earnings decreased 4.55 percent while revenues decreased 26.29 percent compared with the same quarter last year.
Wall street analysts are predicting, ASUR to report 1Q20 income of $ 0.16 per share from revenue of $ 18.35 million. The bottom line results beat street analysts by $ 0.05 or 31.25 percent, at the same time, top line results outshined analysts by $ 0.60 million or 3.27 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ASUR was $ 7.31, representing a 70.00 % increase from the 52 week low of $ 4.30 and a 22.4 % decrease over the 52 week high of $ 9.42.
The company has a market capital of $ 115.10 million and is part of the Technology sector and Software – Application industry.
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Conference Call
Asure Software Inc will be hosting a conference call at 4:30 PM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.asuresoftware.com
Asure Software, Inc. provides cloud-based human capital management and workspace management solutions worldwide. Its product line includes AsureSpace workspace management solutions that enable organizations to optimize their real estate investment, and create a digital workspace that empowers mobile and virtual employees; and AsureForce time and labor management solutions to help organizations optimize their workforce, as well as control labor administration costs and activities.