SurgePays reports Q1 EPS (38c) vs. 7c last year

Reports Q1 revenue $10.58M vs. $31.43M last year. Brian Cox, Chairman and CEO, commented: “The investments we’ve made in our team, technology, distribution, and strategic partnerships have set the stage for the most significant growth phase in SurgePays (SURG)’ history. With our AT&T integration now complete, we’ve launched nationwide across our wireless ecosystem as both a Mobile Virtual Network Operator and Enabler. To accelerate this expansion, we recently closed a $7 million financing, including $6 million in cash, with one of our largest shareholders. This transition from a reseller model to a direct carrier partner is a transformative milestone, positioning us to scale rapidly and profitably in both retail and wholesale.”