Surgepays: Q1 Earnings Insights

Surgepays 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.

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.

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.