Surge Components (OTCMKTS:SPRS) Announces Earnings Results

Surge Components (OTCMKTS:SPRS) released its quarterly earnings data on Monday. The company reported $0.01 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $7.23 million during the quarter. Surge Components had a net margin of 1.61% and a return on equity of 2.60%.

Surge Components Trading Down 8.4 %

OTCMKTS SPRS opened at $2.07 on Wednesday. The business’s 50 day moving average is $2.28 and its two-hundred day moving average is $2.28. The stock has a market capitalization of $11.55 million, a price-to-earnings ratio of 23.00 and a beta of 0.56. Surge Components has a 12-month low of $1.94 and a 12-month high of $2.85.

Surge Components Company Profile

Surge Components, Inc, together with its subsidiaries, supplies electronic products and components. It offers capacitors, which are electrical energy storage devices; and discrete semiconductor components, such as rectifiers, transistors, diodes, circuit protection devices, and audible components comprising audible transducers, Piezo buzzers, speakers, and microphones.