Asure Software Q2 Revenue Falls Short of Expectations

Asure Software's Q2 revenue missed expectations, and the company has partnered with PensionBee to offer retirement account rollover services to small and mid-sized businesses. Asure Software has also acquired Lathem Time Corporation for $39.5 million and strengthened its innovation leadership through a strategic AI partnership with AWS. The company's Q4 loss narrowed, and revenue rose, with a reaffirmed 2025 outlook.

Asure Software, Inc. (Nasdaq: ASUR) reported its second-quarter 2025 financial results, revealing that its revenue fell short of analysts' expectations. The company's adjusted EBITDA was USD 5.2 million, compared to the IBES estimate of USD 5.5 million, while net income stood at USD -6.1 million [1].

Despite the revenue miss, Asure Software has been actively pursuing strategic initiatives to drive growth. The company announced a partnership with PensionBee to offer retirement account rollover services to small and mid-sized businesses. Additionally, Asure Software acquired Lathem Time Corporation for USD 39.5 million, expanding its product offerings and enhancing its time and attendance solutions [2].

In a move to strengthen its innovation leadership, Asure Software has entered into a strategic AI partnership with Amazon Web Services (AWS). This partnership is aimed at enhancing the company's technology capabilities and driving further growth [3].

Looking ahead, Asure Software's Q4 2024 earnings call indicated a narrowing loss and an increase in revenue. The company reaffirmed its 2025 outlook, with guidance for the third quarter and full year 2025 revenue ranges adjusted based on its year-to-date results and recent business trends [4].

References:
[1] Reuters. (2025, July 31). Asure Software, Inc. Q2 revenue USD 30.1 million vs. IBES estimate USD 31 million. Retrieved from https://www.tradingview.com/news/reuters.com,2025-07-31:newsml_PLX273710:0-brief-asure-software-inc-q2-revenue-usd-30-1-million-vs-ibes-estimate-usd-31-million/
[2] Marketscreener. (2025, June 30). Asure Software, Inc. added to Russell 2000 Value-Defensive Index. Retrieved from https://www.marketscreener.com/news/stray-alert-tagged-to-asure-software-withdrawn-ce7c5fdcdb8bf625
[3] Marketscreener. (2025, March 25). Asure Software Strengthens Innovation Leadership Through Strategic AI Partnership With AWS. Retrieved from https://www.marketscreener.com/news/asure-software-q2-revenue-misses-expectations-ce7c5fddd08afe22
[4] GlobeNewswire. (2025, July 31). Asure Announces Second-Quarter 2025 Results. Retrieved from https://www.globenewswire.com/news-release/2025/07/31/3125367/13760/en/Asure-Announces-Second-Quarter-2025-Results.html