STOCK TITAN

SURGE COMPONENTS INC - $SPRS STOCK NEWS

Welcome to our dedicated page for SURGE COMPONENTS news (Ticker: $SPRS), a resource for investors and traders seeking the latest updates and insights on SURGE COMPONENTS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SURGE COMPONENTS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SURGE COMPONENTS's position in the market.

Rhea-AI Summary
Surge Components, Inc. reported solid Q1 results with net sales of $7.1 million, a gross margin of 29.0%, and reduced liabilities. Despite a net loss and lower sales compared to the prior year, the company remains focused on operational efficiencies and investing in growth assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Surge Components, Inc. (SPRS) reported solid net sales of $36.2 million for fiscal year 2023, with reduced debt and a stronger balance sheet. Despite a decline in market conditions, the company remained profitable through operating leverage and efficiencies. Surge is well-positioned to capitalize on industry rebound with new growth assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.45%
Tags
-
Rhea-AI Summary
Surge Components, Inc. reports strong Q3 net sales of $8.9 million and steady gross profit margin of 25.9% year-over-year. The company is investing in growth assets and maintains lead times and stable production. Despite the challenging environment, Surge remains profitable and confident in its prospects for the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.81%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.65%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.54%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.37%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
37.55%
Tags
SURGE COMPONENTS INC

OTC:SPRS

SPRS Rankings

SPRS Stock Data

15.92M
2.97M
46.76%
Business to Business Electronic Markets
Wholesale Trade
Link
United States of America
Deer Park

About SPRS

as a world-class specialist in capacitors and discrete semiconductors since 1981, surge is among an elite group of manufacturing and marketing organizations providing direct access to product inventory along with in-depth technical support, guidance and direction for new power management product design and development.