Welcome to our dedicated page for SurgePays news (Ticker: SURG), a resource for investors and traders seeking the latest updates and insights on SurgePays stock.
SurgePays, Inc. is a fintech company focused on serving the underbanked community through telecommunications, financial technology, and digital media services. The company operates in various segments including Mobile Virtual Network Operators, Comprehensive Platform Services, Lead Generation, and more. With a mission to provide services to the unbanked and underserved, SurgePays has established itself as a key player in the industry.
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SurgePays, Inc. will host a live conference call and webcast on November 14, 2023, to discuss its third quarter 2023 earnings. The call can be accessed through the company's investor relations website or by telephone. A replay will be available afterwards.
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SurgePays, Inc. has hired Gary Chekan as Director of Revenue Assurance and Financial Technology. Chekan's experience in leading finance organizations at telecom companies will help SurgePays with wireless revenue assurance, forecasting, and margin efficiencies. He will also oversee reporting consolidation and create centralized sales revenue and back-office visibility. Chekan's expertise will be valuable for the launch of SurgePays' prepaid wireless brand, LinkUp Mobile.
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SurgePays partners with ClearLine Mobile to launch LCD tablet interface for convenience store checkout registers, expects higher revenue per store and expansion nationwide
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SurgePays to participate in NACS Show 2023, showcasing financial technology services for convenience stores.
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SurgePays, Inc. (Nasdaq: SURG) reported a net income of $6.0 million, revenue of $35.9 million, and EPS of $0.42 for the second quarter of 2023. The gross profit margin increased to 27.9%, and EBITDA reached $6.4 million, marking a significant improvement over the previous year.
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SurgePays, Inc. (Nasdaq: SURG) announced a live conference call and webcast to discuss its second quarter 2023 earnings on August 10, 2023, at 5:00pm ET. The call can be accessed at 2Q23 Webcast Link or on the company’s investor relations website. Telephone access is available at 844-481-2822 (in the U.S.) or 412-317-0681 (outside U.S.). A telephone replay will be available until August 24, 2023.
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SurgePays, Inc. (Nasdaq: SURG) announced a partnership agreement between its distribution partner, ParichuteConnect, and the Boys & Girls Clubs of America Native Services to launch an Affordable Connectivity Program (ACP) enrollment process using SurgePays’ platform for members on Native Lands.
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SurgePays partners with LeadEx Solutions to expand reach to underbanked consumers through ATMs
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SurgePays, Inc. provides a company update to address a recent report containing errors and misleading content. The company asserts that its controls and procedures are compliant and that it contracts a third-party compliance company. SurgePays expects to report a net income of over $6 million in the second quarter and remains focused on its growth strategy. The company also states that its accounting records are accurate and its financial results are correctly reported.
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FAQ
What is the current stock price of SurgePays (SURG)?
The current stock price of SurgePays (SURG) is $1.77 as of December 20, 2024.
What is the market cap of SurgePays (SURG)?
The market cap of SurgePays (SURG) is approximately 35.7M.
What is SurgePays, Inc. focused on?
SurgePays, Inc. is focused on serving the underbanked community through telecommunications, financial technology, and digital media services.
What are the operating segments of SurgePays?
The operating segments of SurgePays include Mobile Virtual Network Operators, Comprehensive Platform Services, Lead Generation, and Others.
What is the mission of SurgePays, Inc.?
The mission of SurgePays, Inc. is to provide services to the unbanked, underbanked, and underserved communities.
How has SurgePays established itself in the industry?
SurgePays has established itself as a key player in the industry by delivering telecommunications and financial technology solutions to those in need.
What makes SurgePays unique?
SurgePays' focus on the underbanked community and its diverse range of services sets it apart in the fintech industry.
SurgePays, Inc.
Nasdaq:SURG
SURG Rankings
SURG Stock Data
35.69M
13.90M
31.94%
8.73%
1.99%
Software - Application
Telephone Communications (no Radiotelephone)
United States of America
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