Newton Golf Announces Insider Share Purchases After Strong Q3 Results
Globenewswire·2025-11-24 12:00

Core Insights - Insiders at Newton Golf Co. have increased their ownership to 8.8% following significant stock purchases by senior executives, indicating confidence in the company's growth outlook [1][2] Financial Performance - Newton Golf reported a record revenue of $2.58 million in Q3, reflecting a 113% year-over-year growth, driven by strong demand for its Fast Motion shaft [3] - The company reaffirmed its 2025 revenue outlook, projecting between $7 million and $7.5 million [4] Strategic Initiatives - The company plans to introduce new premium shaft lines in 2026, further expanding its Motion-based technology platform [4] - Newton Golf is experiencing continued adoption of its products across major golf tours, including the PGA Tour Champions, LPGA, and Korn Ferry Tour, and has expanded distribution in Japan and South Korea [3] Company Overview - Newton Golf, formerly known as Sacks Parente, focuses on revolutionizing golf equipment design through the application of Newtonian physics, aiming to enhance golfers' performance with scientifically advanced tools [5]