Category: Uncategorized

Surge Holdings Provides Year-End Business Update; Annual Revenue Increases 68.9% to $25.7 Million for 2019 Versus $15.2 Million for 2018

Surge Holdings Provides Year-End Business Update; Annual Revenue Increases 68.9% to $25.7 Million for 2019 Versus $15.2 Million for 2018

Reports favorable outlook for continued revenue growth and cash flow in 2020 Memphis, TN, May 13, 2020 (GLOBE NEWSWIRE) —  Surge Holdings, Inc. (“Surge”) (SURG), today provided a business update and reported financial results for the twelve months ended December 31, 2019. Brian Cox, Chairman and CEO of Surge Holdings, commented, “While the 69% increase […]

Surge Holdings Reports 307% Increase in Sales to $15.8 Million for the First Quarter of 2020

Surge Holdings Reports 307% Increase in Sales to $15.8 Million for the First Quarter of 2020

Surpasses $60 million annualized revenue run rate Memphis, TN, May 20, 2020 (GLOBE NEWSWIRE) —  Surge Holdings, Inc. (SURG), a holding company with diverse business operations in FinTech, Telecommunications and Media, today reported preliminary sales results for the first quarter ended March 31, 2020.  Revenue for the first quarter of 2020 increased 307% to $15.8 […]

Surge Revenue Increases 263% to $13.4 Million for the Fourth Quarter of 2019 Versus Same Period Last Year

Surge Revenue Increases 263% to $13.4 Million for the Fourth Quarter of 2019 Versus Same Period Last Year

Memphis, TN, April 29, 2020 (GLOBE NEWSWIRE) — Surge Holdings, Inc. (“Surge”) (SURG), developer of the SurgePays™ Marketplace Network for convenience stores, bodegas and community markets that provide products to the underbanked, today reported preliminary unaudited results for the fourth quarter and twelve months ended December 31, 2019.  The Company also reported that it is […]

Surge Logics Reports Record $2.98 Million in Sales for March 2020

Surge Logics Reports Record $2.98 Million in Sales for March 2020

Monthly sales increase 121% sequentially from February 2020 and more than nine-fold from March 2019 Memphis, TN, April 22, 2020 (GLOBE NEWSWIRE) — Surge Holdings, Inc. (“Surge”) (SURG), developer of the SurgePays™ Marketplace Network for convenience stores, bodegas and community markets that provide products to the underbanked, today reported record unaudited sales of $2.98 million […]

Surge Provides Urgent Care Response Products Through its Direct Wholesale Marketplace

Surge Provides Urgent Care Response Products Through its Direct Wholesale Marketplace

Surge procures hand sanitizer, surgical masks, gloves and other essential goods to supply thousands of stores nationwide Memphis, TN, April 15, 2020 (GLOBE NEWSWIRE) —  Surge Holdings, Inc. (“Surge”) (SURG), developer of the SurgePays™ Marketplace Network for convenience stores, bodegas and community markets that provide products to the underbanked, today announced it has begun supplying […]

Surge Holdings Launches Loco Rabbit Brand “Grab-n-Go” Phones

Surge Holdings Launches Loco Rabbit Brand “Grab-n-Go” Phones

Loco Rabbit brand targets the 100 million customers already using prepaid devices Memphis, TN, April 01, 2020 (GLOBE NEWSWIRE) —  Surge Holdings, Inc. (“Surge”) (SURG), developer of the SurgePays™ Marketplace Network for convenience stores, bodegas and community markets that provide products to the underbanked, today announced the launch of its proprietary new brand, Loco Rabbit, […]

Surge Holdings Announces Appointment of Senior Finance Executive Anthony Evers as Chief Financial Officer

Surge Holdings Announces Appointment of Senior Finance Executive Anthony Evers as Chief Financial Officer

Memphis, TN, March 30, 2020 (GLOBE NEWSWIRE) —  Surge Holdings, Inc. (“Surge”) (SURG), developer of the SurgePays™ Marketplace Network for convenience stores, bodegas and community markets that provide products to the underbanked, today announced the appointment of Anthony Evers as Chief Financial Officer.  Mr. Evers replaces Brian Speck, who will continue to serve as a […]

Surge Holdings CEO Provides Shareholder Update on Current Business Operations

Surge Holdings CEO Provides Shareholder Update on Current Business Operations

Memphis, TN , March 23, 2020 (GLOBE NEWSWIRE) —  Surge Holdings, Inc. (“Surge”) (SURG), developer of the SurgePays™ Marketplace Network for convenience stores, bodegas and community markets that provide products to the underbanked, today provided an update to shareholders from Chief Executive Officer, Brian Cox. Dear Surge Shareholders: Here at Surge, we are committed to […]

Surge Holdings’ Surge Logics Subsidiary Reports More than Five-Fold Increase in Sales for February 2020 Versus February 2019

Surge Holdings’ Surge Logics Subsidiary Reports More than Five-Fold Increase in Sales for February 2020 Versus February 2019

Memphis, TN , March 18, 2020 (GLOBE NEWSWIRE) —  Surge Holdings, Inc. (“Surge”) (SURG), developer of the SurgePays™ Marketplace Network for convenience stores, bodegas and community markets that provide products to the underbanked, today reported record sales of $1.35 million for February 2020 within the Company’s wholly owned subsidiary Surge Logics, compared to approximately $252,000 […]

Goldman Small Cap Research Issues New Research Report On Surge Holdings, Inc.

Goldman Small Cap Research Issues New Research Report On Surge Holdings, Inc.

BALTIMORE, MD / ACCESSWIRE / March 10, 2020 / Goldman Small Cap Research, a stock market research firm specializing in the small-cap and microcap sectors, announced today that it has released a new research report on Surge Holdings, Inc. (SURG). Surge Holdings serves the overlooked, unbanked, underbanked and credit-challenged, through key verticals and offerings including […]