This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Asure Software's CEO Discusses Q2 2012 Results - Earnings Call Transcript

But we are also in the middle of delivering those results. We closed on an acquisition of PeopleCube in the first week of July. So a lot of our activity was moving forward with the PeopleCube. I will say and I will talk a little bit more about this later, but the integration efforts are going extraordinary well. We are very pleased with the culture of the employees, the clients, the synergies are immense and we think that that’s going of to a very, very quite start.

We also in the quarter, I would like to remind you, we have a three for two stocks split on May 1 and we did that because we did hear for you that you’d like to buy more stock and you wanted more stock available and some of you were saying that the float ultimately should be around 10 million shares. Now we are about 5 million or so, a little bit more than that and the stock continues to progress. We will be open to stock split in the future.

Also we made great progress organizationally. We had to prepare for the acquisition of PeopleCube and we did that. We did close India and in the process of closing that we took a charge and we thought that was the right think to do. We are centering around Austin, Texas and the greater Boston areas, including Warwick, Rhode Island.

We also made great progress this quarter in our products. From a AsureForce perspective we rolled out our new version, our SAP version, version 11. We had clients that signed up and we also rolled that out to our partner programs, so we are excited about that progress and we think the results will enable us to hit third and fourth quarter where we have a big revenue ramp and we feel really good about the challenge of that revenue ramp.

3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,550.69 -47.51 -0.27%
S&P 500 2,093.32 -4.72 -0.22%
NASDAQ 5,105.5460 -9.8360 -0.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs