NASDAQ$ASUR
Asure Software Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Asure's third quarter results for 2020 were announced, showcasing revenue exceeding expectations and positive free cash flow.
Asure reported better-than-expected revenue and generated free cash flow in Q3 2020. Small-business new bookings grew more than 100% year-over-year. The company remains focused on product innovation and go-to-market investments.
- HCM revenue reached $16.0 million, surpassing the consensus estimate of $14.6 million.
- Non-GAAP EBITDA amounted to $1.0 million, exceeding the consensus estimate of $0.9 million.
- Free cash flow was $1.4 million.
- Small-business HCM bookings experienced a year-over-year increase of over 100%.
Headline financials
Revenue & EPS history
Asure · Revenue · Quarterly
$16M
Revenue by segment
Asure · $16M total across 2 segments · Q3 2020
- Recurring Revenue$15.3M—95.4%
- Professional Services, Hardware & Other$736K—4.6%
Forward guidance
Asure's key business metrics continued to improve since the end of May, in line with U.S. employment and GDP, but it is still unclear whether this trend will continue given the uncertain macroeconomic environment.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
-0.9%
Avg return
Earnings day
-1.7%
Avg return
5 days after
-1.9%
Avg return
30 days after
44%
28 / 64 earnings
Positive
+21.8%
Q4 2022
Best reaction
-35.6%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | -6.0% | -0.2% | |
| Q4 2025 | +17.8% | +21.0% | +1.9% | |
| Q3 2025 | +4.1% | +1.5% | -1.5% | |
| Q1 2025 | +2.3% | -1.5% | -1.2% | |
| Q4 2024 | +12.9% | -4.4% | -6.7% | |
| Q3 2024 | -11.8% | -9.0% | +1.5% | |
| Q2 2024 | -12.6% | -19.3% | -16.6% | |
| Q1 2024 | -5.6% | -2.3% | +1.5% | |
| Q4 2023 | -9.3% | -3.7% | -20.6% | |
| Q3 2023 | -19.7% | -16.1% | -7.6% | |
| Q2 2023 | +12.8% | +2.6% | -9.6% | |
| Q1 2023 | +6.6% | -3.3% | -6.4% | |
| Q4 2022 | +21.8% | +30.5% | +33.4% | |
| Q3 2022 | -0.2% | +1.4% | +25.7% | |
| Q2 2022 | +2.9% | +8.3% | +5.0% | |
| Q1 2022 | -0.8% | -0.8% | -1.7% | |
| Q4 2021 | -4.2% | -5.1% | -17.4% | |
| Q3 2021 | -0.2% | -9.1% | -8.9% | |
| Q2 2021 | -1.2% | +0.9% | -8.5% | |
| Q1 2021 | -1.6% | -2.4% | +5.1% | |
| Q4 2020 | -3.2% | -8.8% | -7.6% | |
| Q3 2020 | -0.6% | +1.9% | +6.2% | |
| Q2 2020 | -7.4% | -4.8% | -4.5% | |
| Q1 2020 | +3.4% | +9.9% | +10.1% | |
| Q4 2019 | +9.8% | -1.2% | +0.5% | |
| Q3 2019 | -5.2% | -5.7% | -8.7% | |
| Q2 2019 | -24.3% | -19.8% | -16.1% | |
| Q1 2019 | +7.6% | -0.9% | -6.9% | |
| Q4 2018 | +1.5% | +5.8% | +4.4% | |
| Q3 2018 | -35.6% | -45.0% | -45.8% | |
| Q2 2018 | +8.2% | -4.2% | -2.2% | |
| Q1 2018 | +17.1% | +9.8% | +10.8% | |
| Q4 2017 | -13.3% | -18.9% | -20.0% | |
| Q3 2017 | +12.2% | +19.3% | +19.5% | |
| Q2 2017 | +1.2% | +1.5% | -16.4% | |
| Q1 2017 | +11.0% | +11.1% | +11.4% | |
| Q4 2016 | -13.3% | -12.8% | -11.1% | |
| Q3 2016 | +4.0% | +19.6% | +23.9% | |
| Q2 2016 | +0.6% | -5.1% | +11.5% | |
| Q1 2016 | -1.4% | — | — | |
| Q4 2015 | -0.7% | — | — | |
| Q3 2015 | -9.3% | — | — | |
| Q2 2015 | +2.7% | — | — | |
| Q1 2015 | -3.1% | — | — | |
| Q4 2014 | -7.9% | — | — | |
| Q3 2014 | +0.0% | — | — | |
| Q2 2014 | +2.2% | — | — | |
| Q1 2014 | +5.4% | — | — | |
| Q4 2013 | +3.9% | — | — | |
| Q3 2013 | +10.8% | — | — | |
| Q2 2013 | -5.6% | — | — | |
| Q1 2013 | +0.0% | — | — | |
| Q4 2012 | -6.1% | — | — | |
| Q3 2012 | -24.2% | — | — | |
| Q2 2012 | +6.5% | — | — | |
| Q1 2012 | -10.0% | — | — | |
| Q4 2011 | -7.9% | — | — | |
| Q3 2011 | -2.1% | — | — | |
| Q2 2010 | +3.7% | — | — | |
| Q2 2011 | +3.7% | — | — | |
| Q1 2011 | -2.9% | — | — | |
| Q4 2010 | -2.9% | — | — | |
| Q3 2010 | -3.5% | — | — | |
| Q1 2010 | +6.6% | — | — |
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