Surge Components posted fiscal Q2 ended May 31, 2026 net income available to common shareholders of $404,558, with EPS of $0.07.
Net sales rose 5.0% to $9.4 million, while gross margin widened 0.7 percentage points to 30.9%.
Gross profit increased 7.5% to $2.9 million.
Management commentary and outlook
Management cited expanding distribution and subcontractor channels, continued European expansion, and hiring new engineering talent during the quarter.
Surge said it will pursue opportunities in the AI ecosystem, citing potential industry supply constraints and longer lead times.
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