Latest News and Press Releases

Strong Cost Management Discipline Delivers Gross Profit Increase of 11.6% Year-Over-Year to $9.2 Million in FY 2019 Robust FY 2019 Gross Profit Margins of 28.5% Company’s Challenge Division Issued...

Gross Profit Strengthens a Robust 14.6% Year-Over-Year on Disciplined Cost Management and Continued Focus on Higher Profit Margin Product Sales Gross Profit Margins Increase a Solid 720 bps...

DEER PARK, N.Y., Oct. 08, 2019 (GLOBE NEWSWIRE) -- Surge Components, Inc. (“Surge” or “the Company”) (OTC Pink: SPRS), a leading supplier of capacitors, discrete semi-conductors and audible/sounding...

Net Sales Increase 16.6% Year-Over-Year on Strong Sales Volumes and Growth in Distribution Sales Channels Focus on Profitable Expansion Strengthens Gross Profit by 28.6% Year-Over-Year Robust...

DEER PARK, N.Y., July 10, 2019 (GLOBE NEWSWIRE) -- Surge Components, Inc. (“Surge” or “the Company”) (OTC Pink: SPRS), a leading supplier of capacitors, discrete semi-conductors and audible/sounding...

Robust Sales Volume Drives 20.4% year-over-year Increase in Net Sales Continued Focus on High Margin Customers Deliver 28.1% year-over-year Increase in Gross Profit Gross Profit Margins Strengthen...

DEER PARK, N.Y., April 12, 2019 (GLOBE NEWSWIRE) -- Surge Components, Inc. (“Surge” or “the Company”) (OTC Pink: SPRS), a leading supplier of capacitors, discrete semi-conductors and...

Net Sales for FY 2018 Increase 8.0% Year-Over-Year Reflecting Strong Sales Pipeline Gross Profit Increases 19% Year-Over-Year to $2.4 Million in FY 2018; One of Surge’s Most Profitable Years on...

Net Sales Increase 6.7% Year-Over-Year Reflecting Strong Sales Pipeline Financial Highlights for the Third Fiscal Quarter Ended August 31, 2018 Net sales of $9.3 million, compared to $8.7...

Financial Highlights for the Second Fiscal Quarter Ended May 31, 2018 Net sales of $7.3 million, compared to $7.4 million in the prior-year-periodGross profit of $1.9 million, compared to $1.8...