secwatch.observer — SEC 8-K summary
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Issuer:     ASURE SOFTWARE INC (ASUR)
CIK:        0000884144
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0000884144-23-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Asure Software reports record Q4 revenue $29.3M (+39% YoY); raises FY2023 guidance
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- Q4 2022 revenue $29.3M, up 39% YoY; recurring revenue $24.1M, up 25% YoY.
- Q4 net loss $1.1M, a $3.2M improvement YoY; adjusted EBITDA $6.0M, up $3.7M.
- Full year 2022 revenue $95.8M, up 26% YoY; net loss $14.5M vs prior year net income of $3.2M (which included $18.8M extraordinary gains).
- FY2023 guidance raised: revenue $105-107M (prev. $98-102M); adjusted EBITDA margin 15-17% (prev. 14-16%).
- Announced integrations with ZayZoon (earned wage access) and H&R Block/TurboTax for e-W2 access.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884144/000088414423000013/0000884144-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884144/000088414423000013/asur-20230227.htm
  HTML page:      https://secwatch.observer/filing/0000884144-23-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer