Surgepays Inc reports results for the quarter ended June 30 - Earnings Summary

Surgepays

13/08/2025 22:01

Surgepays Inc SURG.OQ reported a quarterly adjusted loss of 35 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -66 cents.  The mean expectation of two analysts for the quarter was for a loss of 19 cents per share. Wall Street expected results to range from -33 cents to -6 cents per share.

Revenue fell 23.6% to $11.52 million from a year ago; analysts expected $16.14 million.

Surgepays Inc's reported EPS for the quarter was a loss of 36 cents​.

The company reported a quarterly loss of $7.08 million.

Surgepays Inc shares had fallen by 6.4% this quarter and gained 63.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 30% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Surgepays Inc is $9.00, about 67.7% above its last closing price of $2.91

This summary was machine generated from LSEG data August 13 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
-0.19
-0.35
Missed
Mar. 31 2025
-0.23
-0.38
Missed
Dec. 31 2024
-0.25
-1.02
Missed
Sep. 30 2024
-0.27
-0.73
Missed