SurgePays, Inc. (SURG) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the Surge Pays Incorporated's first quarter 2026 financial results conference call. At this time, all participants are on a listen-only mode, and a question and answer session will follow management's prepared remarks. Please note, this event is being recorded. I would now like to turn the conference over to Walter Pinto with KCSA Strategic Communications. Walter, please go ahead. Thank you, Operator, and good morning, everyone. Welcome to the SurgePay's first quarter of 2026 Financial Results Conference Call. Joining me on the call today are Brian Cox, Chief Executive Officer, and Chelsea Polano, Interim Chief Financial Officer. Before we begin, I'd like to remind everyone that statements made on this call that are not historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Additional information about these risks is included in the company's filings with the Securities and Exchange Commission, including its annual report on Form 10-K and subsequent quarterly reports on Form 10-Q. The company undertakes no obligation to update these statements except as required by law. With that, I'd like to now turn the call over to Brian Cox. Brian, please go ahead. Thank you, Walter, and good morning, everyone. Thank you for joining us today. The first quarter of 2026 is the quarter where diversification work of the last 12 months becomes visible in the numbers. Revenue grew approximately 51% year over year to $16 million, driven by an approximately 71% increase in point-of-sale and prepaid services. At the same time, The cost discipline we set in ...