Quarterly ResultApr 30, 2026, 04:19 PM
ASUR Q1 Revenue +22.7% to $42.8M; Net Income $0.6M; EPS $0.02
AI Summary
ASURE SOFTWARE INC reported a significant improvement in its financial performance for the first quarter of 2026, moving from a net loss to a net income. Total revenue saw a substantial increase, driven by both recurring and professional services. The company also continued its strategic asset acquisitions and maintained compliance with its loan covenants.
Key Highlights
- Q1 2026 Total Revenue increased 22.7% to $42.8 million from $34.9 million YoY.
- Q1 2026 Net Income was $0.6 million, a significant improvement from a $2.4 million net loss YoY.
- Q1 2026 Basic and Diluted EPS was $0.02, up from $(0.09) YoY.
- Q1 2026 Net cash provided by operating activities increased 35.7% to $2.7 million.
- Completed one customer relationship asset acquisition for $6.2 million in Q1 2026.
- Total gross notes payable increased to $71.7 million as of March 31, 2026.
Price Impact
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