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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.
SurgePays, Inc. (Nasdaq: SURG) announced a live conference call and webcast to discuss its second quarter 2022 earnings on August 11, 2022, at 5:00pm ET. Interested parties can access the live webcast via their investor relations website or through provided telephone numbers. SurgePays focuses on technology and telecommunications services for the underbanked, offering mobile broadband and fintech solutions to empower low-income consumers nationwide. More details can be found on the company's website.
SurgePays, Inc. (NASDAQ:SURG) will host a Virtual Investor Spotlight Event on July 27, 2022, at 11:00 AM ET, featuring CEO Brian Cox. The event targets the underbanked, showcasing SurgePays' services, including SurgePhone Wireless, which offers mobile broadband to low-income consumers.
In addition, SurgePays promotes a blockchain fintech platform to empower local corner stores as technology hubs. Interested parties can access the live event and a replay for 90 days afterward via virtualinvestorco.com.
SurgePays, Inc. (Nasdaq: SURG) will host a live moderated video webcast on July 27, 2022, at 11:00 AM ET. Chairman and CEO Brian Cox will present a corporate overview, showcase recent achievements, and discuss upcoming milestones. Investors can submit questions during the event for live responses. SurgePays focuses on serving the underbanked and underserved populations through technology and telecommunications solutions. For details on participation, visit this link.
SurgePays, Inc. (Nasdaq: SURG) reports surpassing 150,000 subscribers for its mobile broadband service, SurgePhone Wireless. The company aims to enhance internet access for the underbanked and underserved across all 50 states. SurgePhone is now a licensed provider under the Affordable Connectivity Program, leveraging cloud CRM technology to attract over 300 new subscribers daily. The CEO anticipates rapid subscriber growth due to improved software efficiencies and an estimated 48 million qualifying households. SurgePays is reinvesting positive cash flow to further boost sales.
SurgePays, Inc. (Nasdaq: SURG) announces participation in an Opening Bell Ceremony at Nasdaq on July 15, 2022, celebrating its IPO success. CEO Brian Cox expresses enthusiasm, highlighting a 100% stock increase in 2022 and overall business growth. The ceremony will take place at 9:20 a.m. Eastern Time and can be viewed live. SurgePays serves underbanked communities through its technology and telecommunications services, including SurgePhone Wireless and a blockchain fintech platform. For more details, visit SurgePays.com.
SurgePays, Inc. (Nasdaq: SURG) has been selected for inclusion in the Russell Microcap® Index, effective June 24, 2022. This selection reflects the company's growth trajectory and enhances its visibility among investors. SurgePays focuses on technology and telecommunications services for underbanked communities. The Russell Microcap® Index tracks microcap companies, and membership can increase investment interest, given that approximately $10.6 trillion in assets are benchmarked against Russell indexes.
SurgePays reported strong financial results for Q1 2022, achieving $21.1 million in revenue, a 92% increase year-over-year. Gross profit also saw significant growth, reaching $2.6 million—up 133% from Q1 2021. The net loss improved to $(1.2) million from $(4.8) million in the previous year, while adjusted EBITDA loss declined to $(873) thousand. The company aims for at least $130 million in total revenues and over 200,000 mobile broadband subscribers by the end of 2022, leveraging the Affordable Connectivity Program.
SurgePays, Inc. (Nasdaq: SURG) will host a live conference call and webcast on May 16, 2022, at 9:00 AM ET to discuss its first quarter 2022 earnings. The event can be accessed through a webcast link on their investor relations site. Participants can join via telephone by dialing designated numbers. A replay will be available after the call until May 30, 2022. SurgePays focuses on providing technology solutions for the underbanked, offering mobile broadband and fintech products to underserved communities.
SurgePays, Inc. (Nasdaq: SURG) announced the acquisition of Torch Wireless, enhancing its mobile broadband service through its subsidiary SurgePhone Wireless. The company has surpassed 100,000 subscribers within a recent timeframe and aims to double this count rapidly, leveraging the Affordable Connectivity Program to serve the underbanked. SurgePhone and Torch are licensed to operate in all 50 states, utilizing major network infrastructures for reliable internet access.
BARTLETT, Tenn., April 13, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) announces CEO Brian Cox will present at two upcoming conferences. The first is the Noble Capital Markets 18th Small and Microcap Investor Conference in Hollywood, FL from April 19-21, with SurgePays' presentation scheduled for April 20 at 11:30 am ET. The second is the SNN Network Planet MicroCap Showcase in Las Vegas, NV from May 3-5, with SurgePays presenting on May 4 at 4:00 pm PT. Registration is required for both events. For more details, visit their official pages.
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