Asure Software Inc : Asure Software Updates Earnings Announcement
03/20/2012| 03:52pm US/Eastern
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AUSTIN, Texas, March 20, 2012 (GLOBE NEWSWIRE) -- Asure
Software, Inc. (Nasdaq:ASUR), a leading provider of workplace
management software, will move its fourth quarter 2011
earnings conference call to Thursday, March 29 at 11:00 a.m.
EDT (10 a.m. CDT) to further discuss the quarter and full
year results.
To participate, dial (877) 853-5636 ten minutes before the
call begins. International callers should dial (631)
291-4544. The conference ID number for all callers is
59604584.
"Our team is currently working through detailed
accounting issues related to the amortization of the purchase
price allocation from acquisitions and embedded
derivatives," commented
Pat Goepel, Chief Executive Officer of Asure Software.
"We are confident that our fourth quarter results will
at least line up with the high end of our guidance range of
$540K - $630K in EBITDA and $3.530M - $3.630M in
revenue. In addition to our revenue & EBITDA, we are
very pleased with free cash flow in Q4 which was more than
$1M. Our decision to move the earnings announcement date
stems from the prudence of our due diligence, but our
expectation of results at least in the high end of guidance
is strong."
For those who cannot listen to the live broadcast, a replay
will be available shortly after the call on the investor
relations page of Asure's website at http://investor.asuresoftware.com.
About Asure Software
Asure Software, Inc. (Nasdaq:ASUR), headquartered in Austin,
Texas, offers intuitive and innovative technologies that
enable companies of all sizes and complexities to operate
more efficiently. The company ensures a high-performing work
environment by integrating its "keep it simple"
solutions and expertise to more than 3,500 clients worldwide.
Asure Software's suite of solutions range from time and
attendance workforce management solutions to asset
optimization and meeting room management.http://www.asuresoftware.com
The Asure Software, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11986
CONTACT: David Scoglio, CFO
Asure Software, Inc.
512-437-2732
dscoglio@asuresoftware.com
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This press release was issued by Asure Software Inc. and was initially posted at http://investor.asuresoftware.com/releasedetail.cfm?ReleaseID=658483 . It was distributed, unedited and unaltered, by noodls on 2012-03-20 21:48:48 PM. The issuer is solely responsible for the accuracy of the information contained therein.
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