SurgePays, Inc.

Equities

SURG

US86882L2043

Integrated Telecommunications Services

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
3.36 ^USD	+0.90%		-9.92%	-47.91%

Apr. 17	Certain Common Stock of SurgePays, Inc. are subject to a Lock-Up Agreement Ending on 17-APR-2024.	CI
Apr. 01	Ascendiant Capital Adjusts SurgePays' Price Target to $10 From $11.50, Keeps Buy Rating	MT

SurgePays, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

August 11, 2022 at 04:03 pm EDT

SurgePays, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 28.01 million compared to USD 11.38 million a year ago. Net loss was USD 0.973037 million compared to USD 0.213976 million a year ago.
For the six months, sales was USD 49.15 million compared to USD 22.37 million a year ago. Net loss was USD 2.19 million compared to USD 5.03 million a year ago. Basic loss per share from continuing operations was USD 0.18 compared to USD 1.73 a year ago.

Latest news about SurgePays, Inc.

Certain Common Stock of SurgePays, Inc. are subject to a Lock-Up Agreement Ending on 17-APR-2024.	Apr. 16	CI
Ascendiant Capital Adjusts SurgePays' Price Target to $10 From $11.50, Keeps Buy Rating	Apr. 01	MT
Maxim Downgrades SurgePays to Hold From Buy	Mar. 13	MT
Traders Turn Cautious Ahead of Economic Data, Driving Muted Premarket Action for US Equity Futures	Mar. 13	MT
Top Premarket Decliners	Mar. 13	MT
Transcript : SurgePays, Inc., Q4 2023 Earnings Call, Mar 12, 2024	Mar. 12
Earnings Flash (SURG) SURGEPAYS Reports Q4 Revenue $32.3M	Mar. 12	MT
SurgePays, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 12	CI
SurgePays Teams Up with SIN PIN on Prepaid Wireless Subscription	Jan. 23	MT
SurgePays, Inc. Announces Strategic Partnership with Sin Pin	Jan. 23	CI
SurgePays Closes $15 Million Stock Offering	Jan. 23	MT
SurgePays Prices $15 Million Common Stock Offering	Jan. 18	MT
SurgePays Launches Common Stock Offering; Shares Fall After Hours	Jan. 17	MT
SurgePays Appoints Jeremy Gies as President	Jan. 12	MT
SurgePays, Inc. Appoints Jeremy Gies to President	Jan. 12	CI
SurgePays, Inc. acquired Equipment and Operations of ClearLine Mobile for $2.5 million.	Jan. 08	CI
SurgePays Seeks Acquisitions	Nov. 14	CI
Transcript : SurgePays, Inc., Q3 2023 Earnings Call, Nov 14, 2023	Nov. 14
SurgePays, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
Earnings Flash (SURG) SURGEPAYS Reports Q3 Revenue $34.2M, vs. Street Est of $37.8M	Nov. 14	MT
SurgePays, Inc. Appoints Gary Chekan as Director of Revenue Assurance and Financial Technology	23-10-26	CI
SurgePays Collaborates With ClearLine Mobile for Customer-Facing LCD Tablets in Convenience Stores	23-09-26	MT
Surgepays, Inc. Partners with Clearline Mobile for Customer-Facing LCD Tablets in Convenience Stores	23-09-26	CI
Transcript : SurgePays, Inc., Q2 2023 Earnings Call, Aug 10, 2023	23-08-10
SurgePays, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-10	CI

Chart SurgePays, Inc.

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Company Profile

SurgePays, Inc. is a technology and telecommunications company, which is focused on the underbanked and underserved communities. The Company provides mobile broadband to low-income consumers nationwide. Its segments include Mobile Virtual Network Operators, Comprehensive Platform Services and Lead Generation. Mobile Virtual Network Operators segment provides mobile broadband (internet connectivity), voice and SMS text messaging to both subsidized and direct retail prepaid customers through its subsidiaries, SurgePhone Wireless, LLC and Torch Wireless, LLC. Comprehensive Platform Services segment provides financial technology and a wireless top-up platform to independently owned convenience stores throughout the country via its subsidiaries, SurgePays Fintech, ECS Prepaid, LLC, Electronic Check Services, Inc. and Central States Legal Services, Inc. Lead Generation segment provides lead generation and case management solutions, primarily to the law firms in the mass tort industry.

Sector

Integrated Telecommunications Services

Calendar

2024-05-14 - Q1 2024 Earnings Release (Projected)

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Ratings for SurgePays, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3.36 USD

Average target price

7 USD

Spread / Average Target

+108.33%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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