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Asure Will Be In Much Better Shape After A Transition Year

December 2nd, 2019 · No Comments

  • The company sold off its workspace business for $120M which will eliminate its net debt and $9M of interest cost.
  • However, investors have to be patient for the benefits to emerge as 2020 is going to be a transition year with revenue stagnant.
  • After 2020, things should be much better with revenue growth, margins and cash flow all improving and the shares are really cheap against such a scenario.

Source: Asure Will Be In Much Better Shape After A Transition Year – Asure Software, Inc. (NASDAQ:ASUR) | Seeking Alpha

Tags: ASUR