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Asure Software sees Q2 revenue $28M-$29M, consensus $31.07M

Sees Q2 adjusted EBITDA $4M-$5M. The copmpany said, “We’ve nearly doubled the company in terms of revenues since 2020 and believe the introduction of new products like 401(k) and new technology developed with AWS will accelerate our recurring revenue growth in 2024. While the one-time revenue associated with ERTC in 2023 may have masked our underlying growth story, we have a strong recurring revenue business that continues to grow every year.”

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