$SURG

SurgePays (NASDAQ: SURG) launched GrowthLine, a platform allowing partners to launch wireless brands in 30 days using its infrastructure. Partners focus on marketing while SurgePays handles operations. Six companies have signed agreements, and the first partner brand is expected to launch this month. The company aims to expand its revenue through partnerships and expects operating leverage from added subscribers.

RH (NYSE:RH) shares rose 8.2% in pre-market trading after reporting Q2 earnings of $2.70 per share, beating estimates by 51.69%. Revenue was $922.15M, up from last year but below expectations. Other movers included Oracle (NYSE:ORCL), Alliance Entertainment (NASDAQ:AENT), and ACV Auctions (NYSE:ACVA).

SurgePays, Inc. (SURG) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Item 1.01. Entry into a Material Definitive Agreement. On September 7, 2026, SurgePays, Inc. (the “ Company ”) entered into an Asset Purchase Agreement (the “ Purchase Agreement ”) with GPO Plus, Inc. (“ GPO Plus ”), and ClearLine Apps, LLC, a newly formed subsidiary of GPO Plus

SurgePays (SURG) reported Q2 2026 EPS of $0.05, beating estimates, but shares fell 30% after-hours due to a going concern warning. Revenue rose 40.7% YoY to $16.2M, but liquidity issues persist with $1.95M in cash and $21.3M working capital deficit. The company announced a joint venture with a US wireless distributor, aiming to target 1M subscribers.

SurgePays, Inc. (NASDAQ: SURG) reported a Q2 2026 net loss of $5.6 million, up from $2.2 million in Q2 2025, due to higher costs and derivative losses. Revenue fell to $29.8 million from $35.7 million. The company has $9.5 million in cash but faces $13.9 million in near-term debt obligations, potentially requiring additional capital.

SurgePays reported a 40.7% revenue increase in Q2 2026, with a $1.29M profit due to a one-time $8.5M contract settlement. The company continues to face losses, working capital deficits, and going concern risks, according to its SEC 10-Q filing.

SurgePays (SURG) reported Q2 2026 revenue of $16.2M and H1 2026 revenue of $32.2M, up from $11.5M and $22.1M in 2025, driven by its Point-of-Sale and Prepaid Services segment. However, it recorded a six-month net loss of $10.76M and a cash burn of $7.18M, leading management to express substantial doubt about its ability to continue as a going concern. The company also faces Nasdaq compliance issues and has authorized up to $20M in additional convertible secured note financing to address liquidit

The article highlights microcaps with near-term catalysts. Kartoon Studios (TOON) reported Q2 2026 revenue of about $5.8M and EPS about $0.38, including a $39.2M litigation settlement gain, and said an Amazon Prime Video deal will launch in Feb 2027. SurgePays (SURG) posted Q2 revenue up 40.7% to $16.2M and GAAP net income $1.29M. MDxHealth (MDXH) Q2 revenue rose 16% to $27.2M. IGC Pharma (IGC) expects Phase 2 topline results for IGC-AD1 in Q4 2026.

SurgePays, Inc. (NASDAQ: SURG) reported Q2 2026 revenue of $16.20 million, up 40.7% year over year, and net income of $1.29 million, or EPS of $0.05. First-half revenue rose 45.7% to $32.19 million, while G&A fell 9.3%. The company cited GAAP profitability and expects continued sequential growth in Q3.

SurgePays (NASDAQ:SURG) says it formed the Redline Wireless Group joint venture with a major U.S. prepaid wireless distributor. SurgePays will own 51% and consolidate results. Redline will access 20,000+ active prepaid dealer locations. Management targets exceeding 1 million wireless subscribers over the coming years, using SurgePays MVNO and LinkUp Mobile infrastructure.