secwatch.observer — SEC 8-K summary
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Issuer:     ASURE SOFTWARE INC (ASUR)
CIK:        0000884144
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0000884144-24-000054
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Asure Q2 revenue down 8% to $28M; recurring revenue up 18% YoY
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- Revenue $28M (-8% YoY) on $6.5M ERTC decline; ex-ERTC revenue $27.5M (+18%).
- Net loss $4.4M vs $3.8M loss prior; Adjusted EBITDA $4.1M vs $6.1M.
- Acquired applicant tracking system tech; partnered with Vensure and MyHRScreens.
- Q3 revenue guidance $30-33M; FY2024 updated to $123-129M.
- Payroll Tax Management platform deal with Vensure's PrismHR clients.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884144/000088414424000054/0000884144-24-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884144/000088414424000054/asur-20240801.htm
  HTML page:      https://secwatch.observer/filing/0000884144-24-000054

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