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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]
Newton Golf Company's Fast Motion Shafts Now Available at Club Champion Stores Nationwide
GlobeNewswire News Room· 2025-09-03 12:00
Core Insights - Newton Golf Company has launched its Fast Motion shafts at Club Champion, enhancing access to innovative golf technology [1][2] - The Fast Motion shaft has exceeded sales expectations, generating approximately $1.4 million in orders within two months of its launch [3][2] - The shaft is engineered with advanced materials, making it lighter and more accurate, and incorporates a unique fitting system [3][5] Company Overview - Newton Golf Company is a technology-driven golf equipment manufacturer focused on performance through physics-based engineering [5] - The company aims to empower golfers with advanced equipment that enhances stability, control, and consistency [5] Product Details - The Fast Motion shaft is about 10 grams lighter than the previous Motion series, utilizing high-modulus Toray carbon fibers [3] - It features a proprietary DOT system for precise fitting based on individual swing profiles, replacing traditional flex labels [3] Market Presence - Club Champion, a leading custom golf club fitter with over 130 locations, will offer the Fast Motion shafts, allowing golfers to test and fit the product [4][7] - The collaboration with Club Champion is expected to further drive demand and sales for Newton Golf's innovative products [4]