---
schema_version: "secwatch.filing_event.v1"
accession: "0000884144-23-000055"
form_type: "8-K"
ticker: "ASUR"
cik: "0000884144"
company_name: "ASURE SOFTWARE INC"
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:56:44.668606+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Asure Q3 revenue up 34% to $29.3M; guides FY2024 revenue $125M-$129M

## Summary
- Revenue $29.3M, up 34% YoY; recurring revenue $23.8M, up 19%.
- Net loss $2.2M, a $2.3M improvement; adjusted EBITDA $6.2M, up $4.4M.
- Raised ~$43M in equity offering; paid off ~$30.9M debt with Structural Capital.
- Q4 2023 revenue guidance $25M-$27M; FY2024 revenue $125M-$129M, adjusted EBITDA margin 20%-21%.
- Launched 401k bundled product with Vestwell and Lendio integration in Marketplace.

## SEC filing metadata
- accession: 0000884144-23-000055
- form_type: 8-K
- ticker: ASUR
- cik: 0000884144
- company_name: ASURE SOFTWARE INC
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884144/000088414423000055/0000884144-23-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884144/000088414423000055/asur-20231113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884144-23-000055
- JSON: https://secwatch.observer/filing/0000884144-23-000055.json
- Plain text: https://secwatch.observer/filing/0000884144-23-000055.txt

## Key facts
- Earnings Releases
  ASURE SOFTWARE INC reported the Company’s third quarter ended September 30, 2023 results: revenue Revenue of $29.3 million, net income Net loss of $2.2 million.
  - Period: the Company’s third quarter ended September 30, 2023
  - Revenue: Revenue of $29.3 million
  - Net income: Net loss of $2.2 million
  - Result: reported results
  source text: as shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Asure Announces Third Quarter 2023 Results Reports Third Quarter Revenues of $29.3 Million, Up 34% from Prior Year AUSTIN, TX – November 13, 2023 – Asure Software, Inc. (“we”, “us”, “our”, “Asure” or the “Company”) (Nasdaq: ASUR) , a leading provider of cloud-based
  evidence_url: https://www.sec.gov/Archives/edgar/data/884144/000088414423000055/0000884144-23-000055-index.htm
- Earnings Releases
  ASURE SOFTWARE INC reported the fourth quarter 2023 as well as introducing preliminary guidance for 2024 revenues results: revenue revenues in the range of $25M-$27M. Guidance initiated.
  - Period: the fourth quarter 2023 as well as introducing preliminary guidance for 2024 revenues
  - Revenue: revenues in the range of $25M-$27M
  - Guidance: initiated
  - Result: guidance update
  source text: We expect that the growth of our business will continue and today we are issuing guidance for the fourth quarter 2023 as well as introducing preliminary guidance for 2024 revenues. Regarding fourth quarter 2023, we expect revenues in the range of $25M-$27M, which at the midpoint would equal approximately 19% growth year over year. We expect our 2024 revenues to be in the range of $125M-$129M with adjusted EBITDA margins between 20% to 21%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884144/000088414423000055/0000884144-23-000055-index.htm

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