Asure Q2 revenue up 7% to $30.1mln, recurring revenue grows 6%.

• Asure Q2 2025 revenues up 7% to $30.1 million • Recurring revenues grow 6% YoY to $28.6 million • Net loss of $6.1 million, up from $4.4 million YoY • EBITDA at $1.4 million • Digital data not specifically mentioned in the article.

Asure Software Inc. (ASUR) reported its Q2 2025 earnings, with revenues growing 7% year-over-year (YoY) to $30.1 million, but missing analyst expectations. The company's adjusted EBITDA also fell short of estimates, while its acquisition of Lathem Time Corp. enhanced its time and attendance solutions.

Recurring revenues increased 6% YoY to $28.6 million, driven by strong performance from the Payroll Tax Management product line and improved attach rates of HCM products, according to CEO Pat Goepel. The acquisition of Lathem Time Corp. is expected to drive cross-selling opportunities and enhance time and attendance solutions.

Despite the revenue growth, Asure Software reported a net loss of $6.1 million, up from $4.4 million in Q2 2024. Adjusted EBITDA was $1.4 million, missing analyst estimates of $5.50 million. The company's full-year 2025 revenue guidance was raised to $138 million - $142 million, with adjusted EBITDA margin expected to be between 22% - 24%.

The current average analyst rating on the shares is "buy," with no "hold" or "sell" recommendations. Wall Street's median 12-month price target for Asure Software Inc. is $13.50, about 28.1% above its July 30 closing price of $9.70.

[1] https://www.tradingview.com/news/reuters.com,2025:newsml_PLX273710:0-asure-software-q2-revenue-misses-expectations/