SurgePays, Inc. (SURG) Reports Q3 Loss, Misses Revenue Estimates
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SurgePays, Inc. (SURG) reported a Q3 loss of $0.73 per share, missing the Zacks Consensus Estimate of a $0.22 loss. This is a significant decline from last year's earnings of $0.49 per share.
November 13, 2024 | 1:45 am
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SurgePays, Inc. reported a larger-than-expected Q3 loss of $0.73 per share, missing the Zacks Consensus Estimate of a $0.22 loss. This marks a significant decline from last year's earnings of $0.49 per share.
The reported loss of $0.73 per share is significantly worse than the expected loss of $0.22, indicating a negative surprise for investors. This, combined with a decline from last year's earnings, is likely to negatively impact the stock price in the short term.
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