Surge Components Inc (SPRS) Posts Earnings Results

Surge Components Inc (NASDAQ:SPRS) posted its quarterly earnings results on Monday. The company reported $0.08 earnings per share for the quarter, Bloomberg Earnings reports. Surge Components had a negative return on equity of 5.50% and a negative net margin of 1.39%. The company had revenue of $8.70 million during the quarter.

Surge Components (SPRS) opened at 0.5601 on Tuesday. The stock’s 50 day moving average price is $0.58 and its 200-day moving average price is $0.67. Surge Components has a one year low of $0.53 and a one year high of $1.40. The firm’s market cap is $2.93 million.

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About Surge Components

Surge Components, Inc (Surge) is a supplier of electronic products and components. The Company’s products include capacitors, which are electrical energy storage devices, and discrete components, such as semiconductor rectifiers, transistors and diodes, which are single function low power semiconductor products that are packaged alone as compared to integrated circuits, such as microprocessors.

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