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Surge Components, Inc. (SPRS)

Other OTC - Other OTC Delayed Price. Currency in USD
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1.34000.0000 (0.00%)
As of 10:15AM EDT. Market open.
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  • A
    Andy
    Assets and revenue are strong. SPRS releases new quarterly report this month:
    Net income is up this quarter to +$0.10 per share. Very undervalued. We could easily see SPRS head to $3 per share this year.
  • A
    Andy
    Nice results on the latest quarter for Surge Components. The company is likely to have record revenues, surpassing $30 million this year. They have had 4 consecutive quarters of strong profitable results in each quarter. The demand for electrical capacitive devices and signaling devices is strong and climbing. I would not be surprised to see SPRS heading over $1.70 per share.
  • A
    Andy
    Excellent. More cash and profit roll in for Surge Components.
  • A
    Andy
    SPRS positively exceeded my expectations. Surge Components is surging. Revenues are bigger. Margins stronger. More cash and profit flow in.
  • A
    Andy
    Earnings results are here and VERY STRONG. More revenue and profit rolls in for SPRS.
    Record revenue for the year of $29.8 million
    Great to see Surge was named “Supplier of the Year” by Honeywell Corporation and customer demand is growing.
    Q4 sales were strong at $8.0 million. Net income was once again positive. Net income is $396,069; that is an EPS of $0.08
    This company is greatly undervalued. I would not be surprised to see the stock over $1.70 per share this year.
  • A
    Andy
    Excellent! Q3 2019 results are here. The Q3 sales were among the top few highest sales quarters we have seen from SPRS with $8.1 million in revenue. Margins were very strong and this allowed company to double the net income of the prior Q3. Net income was $0.12 which is 200% of the prior Q3. SPRS is really doing well and focusing on the high margin contracts. A lot is in the pipeline. We will probably see stock price head over $4 per share in the next few months. Congrats to longs!
  • A
    Andy
    Beautiful results from SPRS. Revenue growth and profits are sustained and confirmed. Sales grew to $8.4 million, which is a 20.4% year-over-year increase driven by robust sales to new and existing customers.
    Both Gross and Net Margins are improved, making for a hefty profit in the latest quarter. Net income was $691,297; EPS of $0.13 for the latest quarter. Headed to $4 per share.
    Operational Highlights
  • A
    Andy
    Another excellent quarter and strong profits from Surge Components. Strong increase in revenue both year-over-year and also increased sequential over prior quarter. Margins are very strong, coming in at 29.2%
    Net income for the quarter is $461,000 that comes to an EPS of +$0.09 (this EPS is +300% of the prior year's Q2). SPRS could be headed over $4 per share this year.
  • A
    Andy
    Excellent rise in SPRS in the past few weeks. They have completed the reincorporation under the State of Delaware. Stockholders approved it.
  • A
    Andy
    Surge Components is doing excellently. The company was earning $1.8 million per year, but now net income has been rising and is now $680 K per the most recent quarter (Q3). Q4 is usually an even bigger profit quarter. The company will probably earn $3 million over the next 12 months. Market cap could easily rise to over $25 million. Backlog has been looking good. Assets are strong and liabilities have been shrinking. SPRS is a cash cow. That is why Shareholder equity has been rising. It was $6.7 million, now it is $8.6 million. They have been buying back shares at this bargain value. There used to be 10.1 million shares outstanding. Then there were 6.61 million. Now there are only 5.3 million shares outstanding. All these things are resulting in stronger EPS and higher PPS. I could easily see SPRS heading over $4 per share in the next few months and still be very undervalued.
  • z
    zarlin
    I bought over 10k shares today. Have a great Pesach!
  • A
    Andy
    Excellent. More cash and profit rolls in for SPRS. Net sales for the latest quarter hit a strong $9.3 million, compared to $8.7 million in the prior-year-period, an increase of 7% year-over-year
    Net income available to common shareholders for the quarter was $337,558 which comes to EPS of $0.06 for the latest Q3 alone. Beautiful !
  • A
    Andy
    Great to see over 15% rise today in SPRS.
  • A
    Andy
    Sales have been growing. Margins are excellent. PE is very low. Cash flow from operations is strong. Balance sheet is great and getting even better. They are currently wrapping up a strong Q3. We could see Price-over-Sales head to 1. That would put SPRS over $6 per share. I think we will likely see the stock price of Surge Components surge to over $6 per share in the next few months.
  • A
    Andy
    Don't give them the bargain of purchasing at $1.43 per share. This stock is worth well over $1.70 per share and will be there within a few months.
  • A
    Andy
    Good to see that the Holiday spirit has led to some healthy compromise.
  • A
    Andy
    Revenue is strong again at over $8.2 million.
    Excellent balance sheet, strong cash position.
    Great to see net tangible assets are now over $12 million. This is a new record.

    Margins are strong. SPRS had net income of over $389,000 for the latest quarter. I think market cap should be about 40% higher in the very near future.
  • A
    Andy
    Excellent! Surge Components has been far out of favor in the stock market. They have been pulling in about $7 million to $7.5 million in revenue per quarter, and hopes had been for breakeven results. The latest quarter (reported today) has far exceeded those expectations. SPRS has reported $8.7 million in revenue for the quarter. That is strong growth once again over all recent quarters. These financials are much better than I had expected. Business is really picking up for this company that has been prematurely written off by many. This has led to strong profit margins and nicely positive net income. Net income for the quarter was $415,000 which comes to a strong EPS of $0.08 for the latest quarter alone. This is better than the WHOLE past 12 months! Surge Components is making strong headway with customers and is a valuable supplier to a lot of the biggest companies in the world. Their new products are gaining acceptance. Management has been buying back share and NOW you know why. I could easily see SPRS hitting over $1.50 in the next couple quarters and heading up from there.
  • t
    thomas
    lost a few hundred bucks, getting cute, buying this thing. like a tree in the woods... if it falls down no one cares. financials dont matter. dead is DEAD
  • M
    MARK
    Just dipped my toe in this and paid up to get it.
    Ridiculous eps what’s the problem here?
    This should be a 10 dollar stock