Surgepays: Q1 Earnings Insights

Surgepays (NASDAQ:SURG) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:00 PM. Here’s what investors…

Surgepays (NASDAQ:SURG) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Surgepays beat estimated earnings by 1166.67%, reporting an EPS of $0.32 versus an estimate of $-0.03.

Revenue was up $13.63 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.36 which was followed by a 1.32% drop in the share price the next day.

Here’s a look at Surgepays’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.11 0.29 0.36 -0.04
EPS Actual 0.25 -0.12 -0.07 -0.10
Revenue Estimate 40.10M 33.33M 11.38M 25.03M
Revenue Actual 36.23M 36.17M 28.00M 21.14M

To track all earnings releases for Surgepays visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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