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Jun 30, 2022
Asure Q2 2022 Earnings Report
Asure's second quarter performance showed strong current sales momentum.
Key Takeaways
Asure Software reported an 18% increase in revenue year-over-year, reaching $20.3 million. Non-GAAP EBITDA increased by 23% to $1.3 million. The company's new sales bookings increased by 87% in the quarter.
Revenue of $20.3 million, up 18% year-over-year.
Non-GAAP EBITDA of $1.3 million, up 23% year-over-year.
Non-GAAP net loss of $0.7 million versus $0.1 million in the prior year’s quarter.
Total bookings were up 87% year-over-year.
Asure
Asure
Asure Revenue by Segment
Forward Guidance
The company provided revenue guidance for Q3 2022 of $21.0M - 21.5M and Non-GAAP EBITDA of $1.25M - 1.75M.
Revenue & Expenses
Visualization of income flow from segment revenue to net income