Why Is Surgepays (SURG) Stock Down 21% Today?
SURGSurgePays(SURG) Investor Place·2024-08-14 20:34

Surgepays (NASDAQ:SURG) stock is falling hard on Wednesday after the financial technology and telecom company announced its earnings for the second quarter of 2024.The bad news from this earnings report includes the company’s diluted EPS of -66 cents. That’s nowhere close to the -7 cents per share Wall Street was expecting. It’s also significantly worse than then 40 cents per share from the same period of the year prior.Surgepays’ revenue of $15.09 million also isn’t helping matters today. This is below the ...