SurgePays (SURG) Misses Q1 EPS by 24c

SurgePays (NASDAQ: SURG) reported Q1 EPS of ($0.38), $0.24 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $10.58 million versus the consensus estimate of $13.18 million.

2025 Financial Guidance:
With the nationwide launch of LinkUp Mobile and a growing pipeline of MVNE partnerships, SurgePays expects to surpass $200 million in revenue over the next 12 months beginning April 1, 2025. The Company also anticipates generating positive operating cash flow before the end of the year, marking a pivotal shift toward sustained profitability and scalable growth.

This guidance is based solely on the monetization of core MVNO and POS platforms already deployed. As these platforms scale, both through direct customer acquisition and wholesale MVNE relationships, the Company anticipates significant revenue growth as well as margin expansion.

For earnings history and earnings-related data on SurgePays (SURG) click here.

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