Asure Announces Second Quarter 2026 ResultsSecond Quarter 2026 Revenues of $37.1 Million up 23% year over year Recurring Revenue of $34.0 Million up 19% year over year AUSTIN, Texas, July 30, 2026 (GLOBE NEWSWIRE) -- Asure Software, Inc. (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management software solutions, today reported results for the second quarter ended June 30, 2026. Second Quarter 2026 Financial Highlights* Revenue of $37.1 million, up 23% from $30.1 million Recurring revenue of $34.0 million, up 19% from $28.6 million Net loss of $4.4 million versus a net loss of $6.1 million EBITDA(1) of $4.6 million versus $1.4 million Adjusted EBITDA(1) of $7.7 million versus $5.2 million Gross profit of $25.1 million versus $19.9 million Non-GAAP gross profit(1) of $27.1 million (margin of 73%) versus $21.9 million (margin of 73%) First Half 2026 Financial Highlights* Revenue of $79.9 million, up 23% from prior year first half Recurring revenue of $71.7 million, up 16% from prior year first half Net loss of $3.8 million versus a net loss of $8.5 million in the prior year first half EBITDA(1) of $14.0 million versus $5.6 million in the prior year first half Adjusted EBITDA(1) of $20.1 million versus $12.6 million in the prior year first half Gross profit of $55.5 million versus $44.5 million in the prior year first half Non-GAAP gross profit(1) of $59.4 million (margin of 74%) versus $48.1 million (margin of 74%) in prior year first half *Financial metrics are compared to second quarter and the first half of the prior year respectively.
GlobeNewsWire7/30/2026Neutral