SurgePays, Inc. (SURG) Reports Q2 Loss, Lags Revenue Estimates

Core Insights - SurgePays, Inc. reported a quarterly loss of $0.36 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.31, but an improvement from a loss of $0.66 per share a year ago [1] - The company's revenues for the quarter ended June 2025 were $11.52 million, missing the Zacks Consensus Estimate by 32.58% and down from $15.09 million year-over-year [2] - SurgePays, Inc. shares have increased approximately 63.5% year-to-date, significantly outperforming the S&P 500's gain of 9.6% [3] Financial Performance - Over the last four quarters, SurgePays has surpassed consensus EPS estimates only once [2] - The current consensus EPS estimate for the upcoming quarter is -$0.21 on revenues of $33.64 million, and for the current fiscal year, it is -$0.74 on revenues of $118.02 million [7] Market Outlook - The estimate revisions trend for SurgePays was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] - The Zacks Industry Rank for Internet - Software is in the top 32% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]