
Adam Hejl 2023/05/09 1:27pm
What Happened: Shares of online payroll and human resource software provider Asure (NASDAQ:ASUR) jumped 9.21% in the after-market session after the company reported a "beat and raise" quarter, with Q1 results exceeding analysts' revenue, operating profits, gross margin, and earnings per share estimates. Revenue guidance for the next quarter also came in above Consensus, and the company lifted the full-year revenue outlook. Despite macro-related challenges, such as growing layoffs that could affect the adoption and usage of HR platforms, the company has executed strongly, delivering an impressive quarter. ... Continue Reading