Asure Software Forms Partnership with NCRLA to Boost Hospitality Sector Presence
ASUR sits 17% above its 52-week low of $6.8.
Summary
Asure Software announced a new partnership with the North Carolina Restaurant and Lodging Association (NCRLA), making it a preferred provider of HR, payroll, and compliance solutions for NCRLA's over 25,000 member businesses. This move expands Asure's market reach within the hospitality sector, building on its recent strategic partnership expansion with FRPG Restaurant Rewards in late May. The partnership aims to simplify workforce management for North Carolina's restaurant and lodging community, potentially driving new customer acquisition and revenue growth for Asure.
At the time of this announcement, ASUR was trading at $7.94 on NASDAQ in the Technology sector, with a market capitalization of approximately $227.7M. The 52-week trading range was $6.80 to $11.48. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.