Welcome to our dedicated page for Surgepays news (Ticker: SURGW), a resource for investors and traders seeking the latest updates and insights on Surgepays stock.
SurgePays, Inc. (SURGW) delivers fintech and blockchain-enabled telecommunications solutions to underserved markets through its integrated distribution network. This news hub provides investors and stakeholders with timely updates on corporate developments, financial performance, and strategic initiatives.
Access official press releases covering earnings announcements, product launches, partnership agreements, and operational milestones. Our curated collection ensures transparent access to primary source materials while maintaining compliance with financial disclosure standards.
Key updates include developments in prepaid wireless services, financial technology innovations, and blockchain integration progress. Users can track the company's progress in serving unbanked populations through its unique merchant network and digital platforms.
Bookmark this page for streamlined access to SurgePays' latest announcements. Combine these updates with market analysis tools for informed decision-making regarding SURGW securities.
SurgePays (NASDAQ: SURG) launched ProgramBenefits.com on November 13, 2025 as the next phase of its data monetization strategy. The platform reengineers SurgePays’ legacy LogicsIQ intake system to convert verified benefit-qualified consumers into recurring revenue through lead monetization and direct wireless subscriber conversions for brands including Torch Wireless and LinkUp Mobile.
The company cites the legacy platform previously generated more than $50 million in revenue in another industry and targets an underserved market it estimates at ~138 million adults (57% of U.S. consumers). The portal aims to lower customer acquisition costs and build a verified data asset for partners and SurgePays’ own brands.
SurgePays (NASDAQ:SURG) reported Q3 2025 net revenue of $18.7 million, up 292% year-over-year and 62% sequentially. The company reaffirmed 2026 revenue guidance of $225 million.
Operational highlights include Torch Wireless revenue of $5.6 million with over 125,000 subscribers, LinkUp Mobile reaching over 95,000 recurring active subscribers, three MVNE partners onboarded, and expanded retail distribution via partners such as HT Hackney. Gross profit loss improved to $(2.6) million from $(7.8) million a year earlier; SG&A improved to $4.2 million from $6.2 million.
As of Nov 10, 2025, common shares outstanding totaled 20,431,549. A conference call and webcast were scheduled for Nov 12, 2025 at 5:00 p.m. ET.
SurgePays (NASDAQ:SURG) will host a conference call to report third quarter 2025 financial results for the period ended September 30, 2025. The company will present results and commentary on Wednesday, November 12, 2025 at 5:00 p.m. ET.
Dial-in details: 1-888-506-0062 with access code 350444. A live webcast is available at https://ir.surgepays.com/company-events. The webcast replay will remain available until 12:00 a.m. ET on Thursday, November 12, 2026.
SurgePays (NASDAQ: SURG) launched a free wireless program under its LinkUp Mobile prepaid brand for households receiving SNAP/EBT benefits, announced Oct. 30, 2025. Eligible households can sign up at www.USASNAP.com for unlimited talk and text plus 3GB of monthly data for up to five users per household.
The initiative is positioned as emergency relief during an ongoing government shutdown that may pause SNAP benefit payments at month-end; the company framed the offer as supporting underserved, underbanked families who rely on assistance.
SurgePays (NASDAQ: SURG) announced on October 30, 2025 the launch of a Growth Marketing & Data Partnerships Division to monetize its consumer data ecosystem and create high-margin recurring revenue.
James Herber was appointed Vice President of Growth Marketing and Data Partnerships to lead commercialization of DigitizeIQ, integration across Torch Wireless and LinkUp Mobile, and development of data partnerships, analytics integrations and targeted marketing programs. The company says DigitizeIQ previously generated more than $50 million in revenue and has been repurposed as an intake engine for underserved consumer marketing. Management expects the division to drive recurring revenue and enhance cross-sell and predictive insights over time.
SurgePays (NASDAQ:SURG) announced a strategic partnership with QorPay to integrate SurgePays’ ClearLine marketing and customer engagement platform into QorPay’s cloud-native payment processing solution. The integration embeds ClearLine’s SaaS marketing tools into the point-of-sale payment flow to enable in‑transaction loyalty, digital coupons, and engagement campaigns.
Management says the deal aims to create new recurring revenue streams, expand SurgePays’ addressable market across retail and fintech channels, and roll out via beta testing now with a full commercial release planned for early 2026.
SurgePays (NASDAQ: SURG), a technology and telecom company, has launched LinkUp Mobile, a new prepaid wireless brand. The service offers a free first month and up to 10% monthly savings, targeting the underbanked and value-conscious consumers in North America. LinkUp Mobile provides unlimited talk and text plans for the USA, Canada, and Mexico without roaming charges. The easy activation process allows users to switch networks while keeping their existing smartphones. CEO Brian Cox emphasized that this move aims to enhance the prepaid market experience and build customer loyalty.
SurgePays (Nasdaq: SURG) reported its Q1 2024 financial results, noting revenues of $31.4 million. This reflects a dip from last year as the company shifted focus from its Lead Generation subsidiary, which contributed $3.2 million in Q1 2023. Despite this, their MVNO wireless revenue saw a slight increase to $28.9 million from $28.7 million the previous year.
The company recorded a net income of $1.2 million, inclusive of $2 million in non-cash stock charges. SurgePays holds a substantial cash balance of over $42 million. The company is also strategizing to mitigate risks related to potential lapses in Affordable Connectivity Program (ACP) funding, aiming to grow its non-ACP businesses through its nationwide network.
CEO Brian Cox highlighted the company's preparedness to adapt regardless of ACP funding outcomes, citing strong congressional support for the program. SurgePays will discuss these results in a webcast at 5 p.m. ET on May 13, 2024.
SurgePays, Inc. (Nasdaq: SURG) will host a live conference call and webcast on May 13, 2024, to discuss its first quarter 2024 earnings. The call will be accessible via webcast link and telephone. A replay will be available until May 27, 2024.