Latest news with #Asure
Yahoo
04-08-2025
- Business
- Yahoo
Earnings To Watch: BlackLine (BL) Reports Q2 Results Tomorrow
Accounting automation software maker Blackline (NASDAQ:BL) will be announcing earnings results this Tuesday after market close. Here's what to look for. BlackLine met analysts' revenue expectations last quarter, reporting revenues of $166.9 million, up 6% year on year. It was a very strong quarter for the company, with EPS guidance for next quarter exceeding analysts' expectations and an impressive beat of analysts' EBITDA estimates. It added 12 customers to reach a total of 4,455. Is BlackLine a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting BlackLine's revenue to grow 6.4% year on year to $170.8 million, slowing from the 11% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.51 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 4 downward revisions over the last 30 days (we track 13 analysts). BlackLine has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 0.9% on average. Looking at BlackLine's peers in the finance and hr software segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Workiva delivered year-on-year revenue growth of 21.2%, beating analysts' expectations by 3%, and Asure reported revenues up 7.4%, falling short of estimates by 3.2%. Workiva traded up 32.2% following the results while Asure was down 13.6%. Read our full analysis of Workiva's results here and Asure's results here. The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the finance and hr software stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5% on average over the last month. BlackLine is down 7.4% during the same time and is heading into earnings with an average analyst price target of $59.75 (compared to the current share price of $52.93). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
04-08-2025
- Business
- Yahoo
Flywire (FLYW) To Report Earnings Tomorrow: Here Is What To Expect
Cross border payment processor Flywire (NASDAQ: FLYW) will be announcing earnings results this Tuesday after the bell. Here's what to look for. Flywire beat analysts' revenue expectations by 5% last quarter, reporting revenues of $133.5 million, up 17% year on year. It was a strong quarter for the company, with a solid beat of analysts' EBITDA estimates. Is Flywire a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Flywire's revenue to grow 20.9% year on year to $125.4 million, slowing from the 22.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.07 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Flywire has missed Wall Street's revenue estimates three times over the last two years. Looking at Flywire's peers in the finance and hr software segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Workiva delivered year-on-year revenue growth of 21.2%, beating analysts' expectations by 3%, and Asure reported revenues up 7.4%, falling short of estimates by 3.2%. Workiva traded up 32.2% following the results while Asure was down 13.6%. Read our full analysis of Workiva's results here and Asure's results here. The euphoria surrounding Trump's November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the finance and hr software stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5% on average over the last month. Flywire is down 11.3% during the same time and is heading into earnings with an average analyst price target of $13.45 (compared to the current share price of $10.57). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
04-08-2025
- Business
- Yahoo
Flywire (FLYW) To Report Earnings Tomorrow: Here Is What To Expect
Cross border payment processor Flywire (NASDAQ: FLYW) will be announcing earnings results this Tuesday after the bell. Here's what to look for. Flywire beat analysts' revenue expectations by 5% last quarter, reporting revenues of $133.5 million, up 17% year on year. It was a strong quarter for the company, with a solid beat of analysts' EBITDA estimates. Is Flywire a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Flywire's revenue to grow 20.9% year on year to $125.4 million, slowing from the 22.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.07 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Flywire has missed Wall Street's revenue estimates three times over the last two years. Looking at Flywire's peers in the finance and hr software segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Workiva delivered year-on-year revenue growth of 21.2%, beating analysts' expectations by 3%, and Asure reported revenues up 7.4%, falling short of estimates by 3.2%. Workiva traded up 32.2% following the results while Asure was down 13.6%. Read our full analysis of Workiva's results here and Asure's results here. The euphoria surrounding Trump's November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the finance and hr software stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5% on average over the last month. Flywire is down 11.3% during the same time and is heading into earnings with an average analyst price target of $13.45 (compared to the current share price of $10.57). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
3 Software Stocks Walking a Fine Line
Software is eating the world, and virtually no business is left untouched by it. Companies bringing it to life have been rewarded with high valuation multiples that make fundraising easier, but they have weighed on the returns lately as the industry has pulled back by 10.3% over the past six months. This drop was worse than the S&P 500's 2.4% loss. A cautious approach is imperative when dabbling in these businesses as their valuations could plummet if AI disrupts their earnings potential. Taking that into account, here are three software stocks best left ignored. Market Cap: $258 million Created from the merger of two small workforce management companies in 2007, Asure (NASDAQ:ASUR) provides cloud based payroll and HR software for small and medium-sized businesses (SMBs). Why Do We Think Twice About ASUR? Annual revenue growth of 15.1% over the last three years was below our standards for the software sector Customers had second thoughts about committing to its platform over the last year as its average billings growth of 7.9% underwhelmed Expenses have increased as a percentage of revenue over the last year as its operating margin fell by 5.4 percentage points At $9.50 per share, Asure trades at 1.9x forward price-to-sales. Check out our free in-depth research report to learn more about why ASUR doesn't pass our bar. Market Cap: $11.38 billion Boasting major consumer staples and pharmaceutical companies as clients, Manhattan Associates (NASDAQ:MANH) offers a software-as-service platform that helps customers manage their supply chains. Why Do We Pass on MANH? Offerings struggled to generate meaningful interest as its average billings growth of 3.6% over the last year did not impress Estimated sales growth of 1.9% for the next 12 months implies demand will slow from its three-year trend Gross margin of 55.6% is way below its competitors, leaving less money to invest in areas like marketing and R&D Manhattan Associates is trading at $188.50 per share, or 10.8x forward price-to-sales. If you're considering MANH for your portfolio, see our FREE research report to learn more. Market Cap: $17.45 billion Founded by two individuals involved in the development of leading procurement software Ariba, Guidewire (NYSE:GWRE) offers insurance companies a software-as-a-service platform to help sell their products and manage their workflows. Why Are We Cautious About GWRE? Annual revenue growth of 12.4% over the last three years was below our standards for the software sector High servicing costs result in a relatively inferior gross margin of 61.4% that must be offset through increased usage Long payback periods on sales and marketing expenses limit customer growth and signal the company operates in a highly competitive environment Guidewire's stock price of $208 implies a valuation ratio of 13.9x forward price-to-sales. Dive into our free research report to see why there are better opportunities than GWRE. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free.
Yahoo
16-05-2025
- Business
- Yahoo
ASUR Q1 Earnings Call: Product Expansion and Cross-Selling Drive Outlook Amid Investment Cycle
Online payroll and human resource software provider Asure (NASDAQ:ASUR) announced better-than-expected revenue in Q1 CY2025, with sales up 10.1% year on year to $34.85 million. The company expects next quarter's revenue to be around $31 million, close to analysts' estimates. Its non-GAAP profit of $0.19 per share was in line with analysts' consensus estimates. Is now the time to buy ASUR? Find out in our full research report (it's free). Revenue: $34.85 million vs analyst estimates of $34.25 million (10.1% year-on-year growth, 1.7% beat) Adjusted EPS: $0.19 vs analyst estimates of $0.18 (in line) Adjusted Operating Income: $7.32 million vs analyst estimates of -$1.06 million (21% margin, significant beat) The company reconfirmed its revenue guidance for the full year of $136 million at the midpoint EBITDA guidance for the full year is $31.96 million at the midpoint, above analyst estimates of $31.48 million Operating Margin: -5.8%, down from -1.4% in the same quarter last year Free Cash Flow was -$965,000, down from $7.13 million in the previous quarter Billings: $31.04 million at quarter end, up 6% year on year Market Capitalization: $271.5 million Asure's first quarter results reflected momentum in its Payroll Tax Management and benefits products, with CEO Pat Goepel crediting recent investments in technology and the expansion of the company's solution set. Management pointed to strong performance from new offerings such as AsurePay and increased cross-selling, supported by specialized sales teams and a growing focus on attaching additional products to existing clients. Goepel highlighted a notable 45% increase in new bookings and a substantial rise in contracted revenue backlog, suggesting that these strategic moves are yielding early returns. Turning to the company's guidance, management reiterated its full-year revenue and EBITDA outlook, underlining a belief that the cost base will remain stable for the remainder of the year. CFO John Pence stated that incremental staffing and infrastructure investments have already peaked, positioning Asure to deliver higher profitability as revenue scales. Management anticipates that revenue growth will accelerate in the second half of the year as recent product launches and acquisitions gain traction. "We believe our cost structure will be more stable going forward into 2025, permitting more operating leverage from revenue growth to generate adjusted EBITDA," Pence explained. Asure's management emphasized product innovation and operational discipline as central themes in the latest quarter. The company's commentary highlighted several factors shaping current performance and future prospects. Product Suite Expansion: The company launched new capabilities in its Payroll Tax Management solution, now serving large Canadian firms with integration to platforms like Workday, Oracle, and SAP, broadening its addressable market. Cross-Selling Momentum: Management reported double-digit improvement in attach rates—clients adopting multiple Asure solutions—driven by the rollout of specialized sales teams and success stories where existing customers expanded from single to multiple product engagements. Benefits Segment Growth: Asure is leveraging its acquisition of an insurance broker of record business and the introduction of a 401(k) offering to drive incremental revenue in the benefits segment, a part of the business seen as highly profitable. Acquisition Pipeline and Financing: The company finalized a new $60 million credit facility, drawing down $20 million to fund further acquisitions. Management signaled that the pace of M&A, particularly customer base acquisitions from resellers, is expected to pick up in the second half of the year. Operational Efficiency Initiatives: Investments in client lifecycle management and internal process automation are intended to support scaling, enabling Asure to absorb additional growth without a corresponding increase in headcount, thereby improving profitability over time. Management's outlook for 2025 is grounded in expanding product adoption, increased cross-sell activity, and the integration of recent acquisitions, all against a backdrop of a more stable cost base. Backlog Conversion and Bookings: The significant growth in contracted revenue backlog and a 45% jump in new bookings are expected to convert into revenue, particularly in the second half, as enterprise tax and benefits solutions are implemented. Margin Expansion Plans: Management expects operating leverage as recent investments in staff and infrastructure have already been made, allowing incremental revenue to flow through to adjusted EBITDA and margins. M&A Acceleration: The new credit facility is positioned to support an acceleration in acquisition activity, with a focus on acquiring reseller partners and customer bases that can be cross-sold additional Asure products, though no deal contributions are included in current guidance. Joshua Reilly (Needham & Company): Asked about the impact of specialized sales teams on productivity; management shared examples of clients expanding rapidly across products but noted that broader results are still developing. Eric Martinuzzi (Lake Street): Queried the effect of macroeconomic uncertainty and tariffs on small business demand; CEO Pat Goepel indicated that pipeline and lead activity remain healthy, with only minor deal cycle lengthening observed. Charles Nabhan (Stephens): Requested details on investment priorities and the balance between organic product development and acquisitions; management cited the acquisition of Broker Record and ongoing investments in operational automation and product integration. Daniel Hibshman (Craig Hallum): Asked about the cadence of acquisition activity and indicators for tax solution ramp; management expects M&A to accelerate in the second half, with backlog and phased client implementations as forward indicators. Greg Gibas (Northland Securities): Sought clarification on drivers of second-half revenue acceleration; management pointed to cross-sell, backlog realization, new sales team momentum, and the diminishing impact of ERTC-related headwinds. Looking ahead, the StockStory team will be monitoring (1) the pace at which contracted backlog converts to recognized revenue as enterprise clients go live, (2) attach rate growth as more customers adopt multiple Asure solutions, and (3) the company's ability to maintain a stable cost structure while absorbing new acquisitions. Execution on cross-selling and successful rollout of new products like AsurePay and Canadian tax solutions will also be key markers for progress. Asure currently trades at a forward price-to-sales ratio of 2×. In the wake of earnings, is it a buy or sell? See for yourself in our free research report. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
