Sacks Parente Golf, Inc. Reports First Quarter 2024 Financial Results and Provides Corporate Update
Sacks Parente Golf, Inc. (SPGC)
Company Research
Source: GlobeNewswire
Camarillo, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Sacks Parente Golf, Inc. (NASDAQ: SPGC), (the “Company” or “Sacks Parente”), a technology-forward golf company with a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories, reports its financial results for its fiscal first quarter ended March 31, 2024 and provides a business update. Financial Highlights Revenue of $350k in 1Q24 exceeded all of FY2023 revenueApril 2024 is expected to be record revenue month, and 2Q24 revenue is expected to grow 100% sequentially over 1Q24 Recent Corporate Highlights Expanded its Newton Golf Shaft division with the addition of Newton Motion Fairway Wood shaft to complement its initial Newton Motion Driver shaftIntroduced a unique incentive program for golf professionals, custom club fitters, and golf instructors to help drive revenue growth from the Company’s Sacks Parente line of puttersIntroduced an innovative putter demo program t
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SPGC
News
- Newton Golf Shafts Introduces a Weekly Motion Driver Performance Pool Program for PGA TOUR Champions PlayersGlobeNewswire
- Newton Golf Shafts Helps Propel Doug Barron to His First Major Championship on the PGA TOUR Champions [Yahoo! Finance]Yahoo! Finance
- Newton Golf Shafts Helps Propel Doug Barron to His First Major Championship on the PGA TOUR ChampionsGlobeNewswire
- Sacks Parente Golf First Quarter 2024 Earnings: US$0.082 loss per share (vs US$0.085 loss in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Sacks Parente Golf to Present at the Planet MicroCap Showcase: Vegas 2024 [Yahoo! Finance]Yahoo! Finance
SPGC
Sec Filings
- 6/18/24 - Form 4
- 6/17/24 - Form PRE
- 6/17/24 - Form 4
- SPGC's page on the SEC website