Asure Software Inc (NASDAQ:ASUR) is reporting third quarter financial results on Monday 9th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, ASUR is expected to report 3Q20 income of $ 0.01 per share from revenue of $ 14.57 million.
For the full year, analysts anticipate top line of $ 63.01 million, while looking forward to income of $ 0.26 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 72.00 million ~ $ 74.00 million
Click Here For More Historical Outlooks Of Asure Software Inc
Previous Quarter Performance
Asure Software Inc disclosed income for the second quarter of $ 0.03 per share, from the revenue of $ 14.12 million. The quarterly earnings down 62.50 percent while revenues declined 43.16 percent compared with the same quarter last year.
The consensus estimates are loss of $ 0.04 per share from $ 13.91 million in revenue. The bottom line results beat street analysts by $ 0.07 or 175.00 percent, at the same time, top line results outshined analysts by $ 0.21 million or 1.51 percent.
Stock Performance
On Friday, shares of Asure Software Inc has traded high as $ 7.15 and has cracked $ 6.85 on the downward trend, reaching $ 6.99 with volume of 112.30 thousand shares.
According to the previous trading day, closing price of $ 6.99, representing a 63.49 % increase from the 52 week low of $ 4.30 and a 25.37 % decrease over the 52 week high of $ 9.42.
The company has a market capital of $ 110.80 million and is part of the Technology sector and Software – Application industry.
Conference Call
Asure Software Inc will be hosting a conference call at 4:30 PM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.asuresoftware.com
Asure Software, Inc. provides cloud-based human capital management and workspace management solutions worldwide. Its product line includes AsureSpace workspace management solutions that enable organizations to optimize their real estate investment, and create a digital workspace that empowers mobile and virtual employees; and AsureForce time and labor management solutions to help organizations optimize their workforce, as well as control labor administration costs and activities.
