Sacks Parente Golf, Inc. Announces Year End 2023 Financial Results and Provides Corporate Update
Sacks Parente Golf, Inc. (SPGC)
Company Research
Source: GlobeNewswire
Camarillo, Calif., March 18, 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 the year ended December 31, 2023 and provides a business update. FY 2023 Highlights Raised $11.6 million in net proceeds from completed IPO in August 2023Recognized sequentially higher revenue over last three quarters of 2023Made significant investment in equipment and facility improvements for manufacturing and distribution facility in St. Joseph, Mo.Launched Newton Motion product line of ready-to-play replacement driver shafts in November 2023, which is expected to generate in excess of 60% of Company revenue in 2024Invested in sales and marketing to grow brand awareness of Sacks Parente premium putter family and newly launched Newton Motion product li
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News
- 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, Inc. Reports First Quarter 2024 Financial Results and Provides Corporate UpdateGlobeNewswire
- Sacks Parente Golf to Present at the Planet MicroCap Showcase: Vegas 2024 [Yahoo! Finance]Yahoo! Finance
SPGC
Sec Filings
- 5/14/24 - Form 8-K
- 5/10/24 - Form 8-K
- 4/30/24 - Form 8-K
- SPGC's page on the SEC website