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Stock impact report

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 Show less Read more
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