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GlobeNewswire·

Asure Announces First Quarter 2026 Results

  • Asure Software reported Q1 2026 revenue of $42.8 million, a 23% increase year over year.
  • The company recorded a net income of $0.6 million compared to a net loss of $2.4 million in the prior year period.
  • Adjusted EBITDA rose 69% to $12.3 million, while GAAP EBITDA increased to $9.4 million.
  • Recurring revenue reached $37.8 million, representing a 14% year-over-year growth.
  • Tiffany Mortimer was appointed as Chief Transformation & People Officer to lead operational execution & people strategy.
  • CEO Pat Goepel stated the quarter reflects the strongest start in recent history, validating strategic investments in growth & profitability.
  • Management provided full-year 2026 revenue guidance of $159.0 million to $163.0 million.
  • Q2 2026 revenue is projected between $36.0 million & $38.0 million.
  • Full-year 2026 adjusted EBITDA margin guidance is set between 23% & 25%.
  • A conference call with management is scheduled for April 30, 2026, at 3:30 pm Central time.
  • The company is expanding sales efforts & advancing AI capabilities to enhance client experience & lower costs.