Asure Software — Third Quarter 2026 Earnings Summary

Asure Software reported third-quarter 2026 revenues of $40.0 million, representing a 10% year-over-year increase, while recurring revenue rose 16% to $36.9 million. The company achieved a net loss of $0.6 million for the quarter, a significant improvement from the $5.4 million loss in the prior year period, alongside an Adjusted EBITDA of $10.5 million. Recent strategic developments include a new credit agreement providing up to $115.0 million in borrowings and the acquisition of a payroll processing business in the southeastern United States for $26.5 million. Looking ahead, Asure projects fourth-quarter 2026 revenue between $42.0 million and $44.0 million, with full-year 2027 revenue guidance set between $183.0 million and $187.0 million.