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ASURE SOFTWARE INC (ASUR) filed an 8-K current report with the SEC on April 30, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 results for quarter ended March 31, 2026.
ASURE SOFTWARE INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 results for quarter ended March 31, 2026
- Press release issued April 30, 2026
- Detailed financial results furnished as Exhibit 99.1
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue $42.8M, up 23% YoY, with recurring revenue $37.8M, up 14%
- Net income $0.6M versus $2.4M loss, marking a shift to GAAP profitability
- Adjusted EBITDA $12.3M, up 69%, with margin improving to 28.9% from 21.0%
- FY2026 revenue guidance $159.0M–$163.0M; adjusted EBITDA margin target 23%–25%
- Cash and equivalents fell to $19.2M from $25.2M, while notes payable totaled $68.8M
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