TruGolf Announces 82% YOY Third Quarter Sales Growth
TruGolf Holdings, Inc. - Class A (TRUG)
Company Research
Source: GlobeNewswire
Salt Lake City, Utah, Nov. 15, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, announced today its results for the third quarter of 2024. The Company reported strong third quarter sales of $6,236,795, an increase of 82 percent as compared to the third quarter of 2023. EPS for the third quarter of 2024 was $0.00. EBITDA for the third quarter of 2024 was $1.1 million, inclusive of $148,000 of franchising expenses and zero franchising revenues recognized. The gains were driven by enthusiastic market adoption of new hardware and software products launched earlier this year. “This strong third quarter growth is a direct result of the significant investment we have made in our technology over the past two years, “said Chief Executive Officer and Director Chris Jones. “We believe this is just the beginning of a dynamic growth period for TruGolf and the sports technology industry. In addition to our hardware and software sales, our franchi
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News
- TruGolf Announces 82% YOY Third Quarter Sales Growth [Yahoo! Finance]Yahoo! Finance
- TruGolf expects 8-12% topline growth in H2 [Seeking Alpha]Seeking Alpha
- TruGolf Announces Guidance for Second Half 2024GlobeNewswire
- TruGolf Holdings, Inc. to Present at The LD Micro Main Event XVII [Yahoo! Finance]Yahoo! Finance
- TruGolf Links Announces Franchise Development Agreement for Chicagoland and Northwest Indiana [Yahoo! Finance]Yahoo! Finance
TRUG
Sec Filings
- 11/14/24 - Form 10-Q
- 11/8/24 - Form 8-K
- 10/24/24 - Form S-8
- TRUG's page on the SEC website