Tag: software meaning

Software

Asure Software Inc (ASUR) Q1 Earnings and Revenues Top Estimates

Asure Software Inc (ASUR) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 38.89%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced earnings of $0.17, delivering a surprise of 1,600%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Asure Software Inc , which belongs to the Zacks

…
by Ismene
Software

Progress Software (PRGS): Restarting The M&A Engine With MarkLogic Acquisition

Close-up Focus on Person

gorodenkoff/iStock via Getty Images

Progress Software (NASDAQ:PRGS) recently announced its proposed acquisition of privately held on-premise NoSQL database vendor MarkLogic for $355m cash (webcast here). The implied 3-4x EV/Sales valuation seems slightly pricey given the low-single-digit % growth

…
by Ismene
Software

MS New Software Direct Pay Permit Available on DOR Website

Related Practices & Jurisdictions

Mississippi’s new direct pay permit for purchases of computer software and computer software services is now available on the Department of Revenue’s website. The Mississippi Legislature authorized this new permit earlier this year as part of the state’s comprehensive legislation on the taxation of remote software and services (see prior coverage here), which went into effect July 1.

This new and unique permit allows software consumers to remove vendors from the sales and use a tax collection process and instead handle those accruals and remittances internally. This will be very important when unbundling payments covering both

…
by Ismene