Earnings Call Summary | SurgePays(SURG.US) Q2 2024 Earnings Conference
Earnings Call Summary | SurgePays(SURG.US) Q2 2024 Earnings Conference
The following is a summary of the SurgePays, Inc. (SURG) Q2 2024 Earnings Call Transcript:
以下是SurgePays，Inc.（SURG）Q2 2024業績會交易摘要：
Financial Performance:
金融業績：
SurgePays reported Q2 2024 revenue of $15.1 million, down 58% from $35.9 million in Q2 2023, primarily due to the discontinuation of ACP funding.
Gross profits shifted to a loss of $3.4 million in Q2 2024 compared to a $10 million profit in the same quarter the previous year.
Loss from operations amounted to $10.9 million in Q2 2024 reversing from a $6.2 million profit in Q2 2023.
SurgePays報告了Q2 2024營業收入爲$15.1M，比Q2 2023的$35.9M下降了58％，主要是由於ACP資金的停止。
Q2 2024毛利潤虧損了$3.4M，同比去年同期的$10M利潤下降了。
Q2 2024的運營虧損爲$10.9M，與Q2 2023的$6.2M利潤相比發生了逆轉。
Business Progress:
業務進展：
During the transition phase, SurgePays launched non-subsidized MVNO business, LinkUp Mobile, and plans to grow ACP revenue, offer a subsidized sister program, and scale up third-party wholesale transactions.
The company aims to become a key service provider at convenience stores, expanding outside wireless through solutions like ClearLine customer engagement platform.
SurgePays announced a corporate stock buyback of up to $5 million over the next six months.
在過渡階段期間，SurgePays推出了非補貼MVNO業務LinkUp Mobile，並計劃增加ACP收入，提供一項補貼計劃姊妹方案，並擴大第三方批發交易規模。
公司旨在成爲便利店的主要服務供應商，通過像ClearLine客戶參與平台這樣的解決方案擴展無線外的業務。
SurgePays宣佈在未來六個月內進行高達$5M的公司股票回購。
Opportunities:
機會：
Potential for Congress to renew the ACP program, enabling re-engagement of existing customers.
Expansion into non-subsidized MVNO services offering an alternative, sustainable revenue model.
Development of the ClearLine platform to enhance customer engagement in convenience stores and offer additional services beyond wireless.
國會可能會續簽ACP項目，從而使現有客戶重新參與其中。
擴展非補貼MVNO服務，提供可持續的營收模型。
開發ClearLine平台，以增強便利店的客戶參與度，並在無線業務之外提供其他服務。
Risks:
風險：
Economic difficulties and uncertainties about Congress refunding the ACP program, possibly necessitating further adjustments to business operations and customer retention strategies.
經濟困難和對國會是否退還ACP項目的不確定性可能需要進一步調整業務運營和客戶保留策略。
More details: SurgePays IR
更多詳細信息：SurgePays IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。