[10-Q] ASURE SOFTWARE INC Quarterly Earnings Report

Asure Software Inc. reported a significant financial turnaround in Q1 2026, returning to profitability with a net income of $0.6 million compared to a $2.4 million net loss in Q1 2025. The company’s revenue increased by 23% year-over-year to $42.8 million, primarily driven by strong recurring revenue growth and a substantial rise in hardware and professional services linked to time and attendance solutions. Asure Software continues its acquisition strategy and maintains compliance with its loan covenants, with future performance dependent on sustaining HCM revenue growth and managing its debt obligations.

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