Welcome to our dedicated page for Surge Components N Y news (Ticker: SPRS), a resource for investors and traders seeking the latest updates and insights on Surge Components N Y stock.
Surge Components, Inc. (SPRS) is a business-to-business supplier of electronic components, including capacitors, discrete semiconductors such as rectifiers, transistors and diodes, as well as switches and audible/sounding devices. Its products are used in the circuitry of automobiles, telecom equipment, audio products, cellular telephones, computers, consumer electronics, garage door openers, household appliances, power supplies and security equipment. The company’s news flow provides insight into how these markets and customer relationships translate into financial performance over time.
On this page, readers can follow news releases in which Surge Components reports its quarterly and annual financial results, discusses net sales and gross profit trends, and comments on factors such as customer inventory levels, pricing pressure, and tariff impacts on certain imported products. The company’s updates often highlight its efforts to maintain superior lead times and stable production, as well as its work on customized new products through its Surge and Challenge divisions.
News items also describe how Surge interacts with original equipment manufacturers, distributors and electronic manufacturing service subcontractor customers, including rebate arrangements and the role of these customers in helping Surge become an approved supplier at end customers. Management commentary frequently addresses industry conditions, such as one-time demand dynamics, excess inventory at customers, and macroeconomic headwinds that influence ordering patterns and product mix.
Investors and followers of SPRS can use this news feed to review the company’s periodic earnings announcements, operational highlights, and strategic comments about tariffs, geographic sales efforts and product development. Regularly checking this page helps provide context for how Surge Components navigates the electronics supply chain and responds to changes in demand across its various end markets.
Surge Components (OTC Pink: SPRS) reported third quarter ended August 31, 2025 results: net sales $10.3M (+28.9% vs prior year), gross profit $2.84M (+14.4%), and net income available to common shareholders $469,705 (EPS $0.08; ~6% growth vs prior year). Gross margin fell to 27.7% from 31.2% year‑over‑year. Selling and shipping rose 5.5% to $721,274; general and administrative expenses rose 15.7% to $1,446,788.
The company cited new and expanded customer business, ongoing product introductions and design projects, modest tariff impacts with partial cost pass‑through, and a 5% rebate practice for certain subcontractor customers that can pressure margins. Management expressed cautious optimism for late 2025 and early 2026.
Surge Components (OTC Pink: SPRS), a leading supplier of electronic components, reported strong Q2 2025 financial results. The company achieved net sales of $8.9 million, a 21.4% increase from $7.3 million in Q2 2024, and expanded its gross profit margin to 30.2% from 27.3% year-over-year.
The company reported net income of $117,964 ($0.02 per share), compared to $197,940 ($0.03 per share) in the prior year. Despite ongoing tariff challenges from global trade negotiations, Surge strengthened its operations by adding new sales talent to both Challenge and Surge sales teams and maintained its competitive advantage through superior lead times and stable production.
Surge Components (OTC Pink: SPRS) reported Q1 2025 financial results with net sales of $7.2 million, up 2.5% from $7.1 million in Q1 2024. The company achieved a net income of $57,356 ($0.01 per share), compared to a net loss of $72,001 in the prior year period.
Gross profit remained stable at $2.0 million, with a margin of 28.3% compared to 29.0% in Q1 2024. Operating expenses decreased, with selling and shipping expenses down 2.8% to $653,367 and general administrative expenses reduced by 4.0% to $1.4 million.
The company faces challenges from global tariffs but is implementing mitigation strategies including expanding distribution channels, hiring new sales talent, and working with manufacturing partners to establish production facilities outside China. Surge continues to pass tariff costs to customers and maintains focus on new customer acquisition and existing client expansion.
Surge Components, Inc. (OTC Pink: SPRS) announced strong financial results for Q3 2024. Net sales reached $8.0 million, up 9% from Q2. Gross profit grew to $2.5 million with a margin of 31.2%, the highest in FY2024. Net income available to common shareholders increased 123% quarter-over-quarter to $441,852, with earnings per share of $0.08.
The company maintained superior lead times and stable production, positioning itself well for an industry rebound. However, challenges persist, including elevated customer inventory levels and potential tariff increases on Chinese imports. Surge continues to focus on new product introductions and customer acquisition to navigate the uncertain environment.
Surge Components (OTC Pink: SPRS) reported Q2 2024 financial results, showing resilience amid challenging market conditions. Net sales reached $7.3 million, up 4% from Q1, with positive net income of $197,940 and EPS of $0.03. While these figures represent a decrease from the prior-year period, the company maintained gross margins above 28% for the first half of 2024.
Surge continues to invest in growth, hiring new sales talent in Europe and Asia. The company is positioning itself to capitalize on an expected industry rebound, maintaining superior lead times and focusing on customized product designs. Management anticipates industry challenges to persist through 2024, with a potential turnaround beginning in late 2024 or early 2025.
Surge Components, Inc. (OTC Pink: SPRS) reported its financial results for the first quarter ending
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