SurgePays Announces Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]
SurgePays, Inc. (SURG)
US:NASDAQ Investor Relations:
globenewswire.com/news-release/2018/02/15/1348912/0/en/surge-holdings-inc-has-been-approved-for-trading-on-the-otcqb-venture-market.html
Company Research
Source: Yahoo! Finance
2023 $22.3 million EBITDA 2023 EPS of $1.39 Gross profit margin increased to 26% BARTLETT, Tenn., March 12, 2024 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecom company focused on the underbanked and underserved, today announced its financial results for the fourth quarter and full year ended December 31, 2023. Full Year 2023 and Fourth Quarter Highlights Revenue of $137.1 million for the full year 2023 and $32.3 million for the fourth quarter, changes of 13% and -11% over the prior year periods, respectively. Gross profit of $35.6 million for the full year 2023 and $7.4 million for the fourth quarter, increases of 165% and 11% over the prior year periods, respectively. Net income of $20.6 million for the full year 2023 and $3.0 million for the fourth quarter. Management Commentary Chairman and CEO Brian Cox commented on the year's results, “2023 was an excellent year for SurgePays. Our management team has
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- Is Weakness In SurgePays, Inc. (NASDAQ:SURG) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects? [Yahoo! Finance]Yahoo! Finance
- SurgePays, Inc. (NASDAQ: SURG) had its price target lowered by analysts at Ascendiant Capital Markets from $11.50 to $10.00. They now have a "buy" rating on the stock.MarketBeat
- SurgePays Stock: Don't Double Down (Rating Downgrade) [Seeking Alpha]Seeking Alpha
SURG
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 4/26/24 - Form 4
- SURG's page on the SEC website