Key Highlights

● Second-quarter 2026 Revenue was $37.1 million, up 23% year on year.

● Recurring Revenue was $34.0 million, up 19%.

● Third-quarter revenue is guided to $38 million to $40 million.

● Full-year 2026 revenue guidance of $159 million to $163 million was reaffirmed.

A steady flow of announcements

Asure Software, Inc. (NASDAQ:ASUR) provides Human Capital management software, including payroll, tax and time-and-attendance services, to small and mid-sized employers. Its recent news flow has been product and Marketing led. On 13 October it highlighted client cyber coverage for employers facing artificial intelligence-enabled threats. On 30 September it sponsored a University of Alabama human resources conference and announced a 23 October open house in Gardendale.

On 29 September it launched AsureCentral to its reseller network, on 15 September it expanded its 2026 conference presence to target a $1.7 billion enterprise Payroll tax opportunity, and on 9 September it released its 2026 HR Benchmark Report. Earlier, on 1 September, Asure Tax became available on Oracle Marketplace, and on 21 August the company expanded enterprise Payroll Tax and treasury offerings through AWS Marketplace. None of these announcements carries a reported financial result.

Second-quarter results

The latest reported results are for the second quarter of 2026, released on 30 July. Revenue was $37.1 million, up 23% year on year, and recurring revenue was $34.0 million, up 19%. Earnings Per Share were put at $0.15 against a consensus of $0.12, according to market data.

Over the trailing twelve months, revenue was $155.43 million and the net loss was $8.42 million. The company is therefore reporting rapid growth but remains loss-making on a statutory basis over that period, which is common among software companies that are still investing in acquisitions and products.

Management's outlook

For the third quarter, Asure guided to revenue of $38 million to $40 million and adjusted EBITDA of $8 million to $10 million. It reaffirmed full-year 2026 revenue guidance of $159 million to $163 million, with an adjusted EBITDA Margin of 24% to 25%. The third-quarter midpoint of $39 million is about 5% above second-quarter revenue of $37.1 million, and the full-year midpoint of $161 million compares with trailing-twelve-month revenue of $155.43 million. Those ranges are the company's outlook, not results.

Adjusted EBITDA is a non-GAAP measure that excludes items the income statement includes.

Asure third-quarter guidance and product launches

The third-quarter revenue guide of $38 million to $40 million starts from $37.1 million in the second quarter. The 23 October Gardendale open house is a company event rather than a financial disclosure.