Asure Q2 rev $30.1M (+7% YoY); net loss $6.1M; raises FY guidance; buys Lathem Time for $39.5M

ASURE SOFTWARE INC

2025-Q2 EPS reported -$0.31 vs consensus $0.14 ▼ miss (-314.8%)

Revenue $30.1M (+7% YoY); recurring revenue $28.6M vs $27.1M; ex-ERTC growth 10%.
Net loss $6.1M vs $4.4M; adjusted EBITDA $5.2M up from $4.1M; non-GAAP gross margin 73%.
FY2025 revenue guidance raised to $138-142M from $134-138M; Q3 guidance $35-37M.
Acquired Lathem Time on July 1 for $39.5M; adds cloud time/attendance platform and reseller network.

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