Asure Software Posts $40M in Q3 Revenue, Topping Last Quarter's $37.1M
ASUR is trading near its 52-week low of $6.8 (6.2% above the low).
Summary
Asure reported third-quarter revenue of $40 million, up from $37.1 million in Q2 2026, when sales grew 23% year-over-year. The sequential gain suggests the top line kept expanding, though the headline gives no profit, margin, or guidance figures. This lands two weeks after the company closed a $115M MUFG credit facility, paid off $62.6M of MidCap debt, and acquired a southeastern U.S. business — a heavier debt load and a new acquisition now sit behind these sales. With a market cap near $209M, $40M a quarter is meaningful scale, but without earnings detail the read on profitability is incomplete. Full results and any guidance update will be the next thing that matters.
At the time of this announcement, ASUR was trading at $7.23 on NASDAQ in the Technology sector, with a market capitalization of approximately $208.7M. The 52-week trading range was $6.80 to $10.20. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.