---
schema_version: "secwatch.filing_event.v1"
accession: "0000884144-23-000046"
form_type: "8-K"
ticker: "ASUR"
cik: "0000884144"
company_name: "ASURE SOFTWARE INC"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T05:25:09.045198+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Asure Q2 revenue $30.4M (+50% YoY); raises FY 2023 guidance to $118-120M

## Summary
- Revenue $30.4M, up 50% YoY; recurring revenue $23.0M, up 21% YoY.
- Net loss narrowed $2.1M to $3.8M; Adjusted EBITDA $6.1M vs $0.6M a year ago.
- FY 2023 revenue guidance raised to $118M-$120M (prior $111M-$113M); Adj. EBITDA margin guidance raised to 19%-20%.
- Q3 2023 guidance: revenue $26M-$27M, Adj. EBITDA $3.5M-$4.5M.
- Announced 401k product with Vestwell, AWS partnership, and addition to Russell 3000.

## SEC filing metadata
- accession: 0000884144-23-000046
- form_type: 8-K
- ticker: ASUR
- cik: 0000884144
- company_name: ASURE SOFTWARE INC
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884144/000088414423000046/0000884144-23-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884144/000088414423000046/asur-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884144-23-000046
- JSON: https://secwatch.observer/filing/0000884144-23-000046.json
- Plain text: https://secwatch.observer/filing/0000884144-23-000046.txt

## Key facts
- Earnings Releases
  ASURE SOFTWARE INC reported first half of 2023 results: revenue $63.5 million, net income Net loss of $3.4 million. Guidance raised.
  - Period: first half of 2023
  - Revenue: $63.5 million
  - Net income: Net loss of $3.4 million
  - Guidance: raised
  - Result: reported results
  source text: First Half 2023 Financial Highlights • Revenue of $63.5 million, up 42% from prior-year first half • Recurring revenue of $50.9 million, up 21% from prior-year first half • Net loss of $3.4 million, a $5.5 million improvement from prior-year first half
  evidence_url: https://www.sec.gov/Archives/edgar/data/884144/000088414423000046/0000884144-23-000046-index.htm
- Earnings Releases
  ASURE SOFTWARE INC reported second quarter ended June 30, 2023 results: revenue $30.4 million, net income Net loss of $3.8 million. Guidance raised.
  - Period: second quarter ended June 30, 2023
  - Revenue: $30.4 million
  - Net income: Net loss of $3.8 million
  - Guidance: raised
  - Result: reported results
  source text: Asure Announces Second Quarter 2023 Results Reports Second Quarter Revenues of $30.4 Million, Up 50% from Prior Year Raises 2023 Financial Targets and Guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/884144/000088414423000046/0000884144-23-000046-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.