Core Insights - Newton Golf Company reported a significant revenue increase of 154% year-over-year for Q2 2025, reaching $2.1 million compared to $813,000 in Q2 2024 [5] - The company raised its full-year 2025 revenue guidance to a range of $7.0 million to $7.5 million, reflecting stronger-than-anticipated demand [7] Financial Performance - Q2 2025 revenue rose to $2.1 million, a 154% increase from $813,000 in Q2 2024 [5] - For the first six months of 2025, revenue increased by 182% to $3.3 million, compared to $1.2 million in the first half of 2024 [5] - Gross profit for Q2 2025 was $1.4 million, up 186% from $489,000 in Q2 2024 [5] - The gross margin improved to 67.6% in Q2 2025, compared to 60.1% in Q2 2024 [5] - The net loss for Q2 2025 was $1.5 million, or ($0.34) per share, compared to a net loss of $1.2 million, or ($0.79) per share in Q2 2024 [5] Product and Market Developments - The Fast Motion shaft launched on April 29, 2025, has seen rapid adoption, with 1,817 units sold generating over $696,000 in gross sales in May and June [6] - The company surpassed 50 professional users across various tours, indicating strong market acceptance [6] - Increased production capacity has been implemented to meet the growing demand for Motion and Fast Motion shafts [6] Management Commentary - The CEO highlighted strong performance across multiple channels and increased marketing investments to build momentum [3] - The CFO expressed confidence in the company's ability to drive long-term value for shareholders while maintaining solid margins [3] Strategic Outlook - The company aims to scale operations and deepen product adoption in the second half of 2025, with new products and expanded retail partnerships on the horizon [8]

CAMARILLO, Calif., Aug. 12, 2025 (GLOBE NEWSWIRE) -- via IBN – Newton Golf Company (NASDAQ: NWTG) ("Newton Golf" or the "Company"), a technology-forward golf company focused on performance-driven innovation, today announced it will host a webcast and investor Q&A session following the release of its second quarter 2025 financial results. Webcast Details Date: Thursday, August 14, 2025 Time: 4:30 PM ET Format: Webcast with Q&A Registration: https://zoom.us/webinar/register/WN_85RM9Et2RXm-e0bnl49Qjw During th ...

Core Viewpoint - Newton Golf Company has appointed Jeff Clayborne as Chief Financial Officer to lead its financial strategy and support growth initiatives [1][2][3] Company Overview - Newton Golf is a leading developer of performance-driven golf equipment, previously known as Sacks Parente, and focuses on innovation inspired by physics [7] Leadership Appointment - Jeff Clayborne brings over 30 years of financial leadership experience in consumer products, technology, and entertainment sectors [2] - His previous role as CFO at Perfect Moment involved leading a successful IPO and restructuring the balance sheet [2][3] - Clayborne's experience includes significant roles at Verb Technology, SONDORS, Universal Music Group, and The Walt Disney Company, where he managed large-scale financial operations and M&A transactions [3] Strategic Focus - The company aims to expand its direct-to-consumer (DTC) footprint and accelerate international growth under Clayborne's leadership [2][3] - Clayborne emphasizes the importance of innovation, product excellence, and U.S.-based manufacturing in differentiating Newton Golf in the market [4] Financial Management - Clayborne is expected to strengthen Newton's financial foundation and optimize financial performance as the company scales [3][4]

Core Insights - Newton Golf Company has regained compliance with Nasdaq Listing Rule 5550(b)(1), confirming a minimum of $2.5 million in stockholders' equity for continued listing on the Nasdaq Capital Market [1][2] Financial Performance - The company reported stockholders' equity of $6.2 million for the quarter ended March 31, 2025, leading to the closure of the compliance matter raised on April 14, 2025 [2] - Newton Golf achieved a remarkable 246% year-over-year revenue growth in Q1 2025, driven by the adoption of the Newton Motion shaft across retail channels and major professional tours [3] - The gross margin expanded to 70%, indicating improved unit economics and a strong product-market fit [3] Market Position and Growth - More than 40 professional players are currently using Newton shafts across major tours, showcasing the brand's growing acceptance in the professional golf community [3] - The company has expanded its international footprint and showcased its innovations at the 2025 PGA Show, reinforcing its position as an emerging brand in performance golf [3] Company Overview - Newton Golf, formerly known as Sacks Parente, focuses on revolutionizing golf equipment design by applying Newtonian principles to create precision-engineered products [6]

Core Insights - Newton Golf reported a significant revenue increase of 246% year-over-year, reaching $1.2 million in Q1 2025 compared to $350,000 in Q1 2024, driven by strong demand for its products [7][10] - The company achieved a gross profit of $852,000, a 348% increase from $190,000 in the prior-year period, with gross margins expanding to 70% from 54% [7][10] - The adoption of the Newton Motion shaft by over 30 professional golfers across major tours validates the company's technology and market direction [4][7] Financial Performance - Revenue for Q1 2025 was $1.2 million, a 246% increase from $350,000 in Q1 2024 [7][10] - Gross profit rose to $852,000, up 348% from $190,000 in the same period last year [7][10] - The net loss decreased to $0.5 million, or ($0.55) per share, compared to a net loss of $1.2 million, or ($24.85) per share in Q1 2024 [7][10] Operational Highlights - Shaft sales grew by 314% year-over-year, indicating strong market acceptance [6] - The company has $5.9 million in cash as of March 31, 2025, positioning it well for strategic scaling [7] - Management emphasized a focus on expansion, including new products and markets, while maintaining financial discipline [9] Strategic Developments - The company secured distribution agreements with two of Japan's largest golf retailers, enhancing its international presence [11] - Newton Golf showcased its full product lineup at the 2025 PGA Show, highlighting innovations in shafts and putters [11] - The company anticipates full-year 2025 revenue to range between $6.5 million and $7.0 million, reflecting continued growth [9]

Core Insights - Newton Golf Company has appointed Andy Harris and Jeff Opheim as Tour representatives for the PGA TOUR, PGA TOUR Champions, and Korn Ferry Tour, while Aki Yorihiro will represent the LPGA and PGA TOUR Champions, enhancing the brand's visibility in professional golf [1][2] Group 1: Appointments and Roles - Andy Harris will serve as Tour Representative for the PGA TOUR and Korn Ferry Tour, bringing extensive experience and industry relationships [3][4] - Jeff Opheim has been appointed as Tour Representative for the PGA TOUR Champions, leveraging decades of experience in the professional golf community [5][6] - Aki Yorihiro, the Founder and Chief Technology Officer, will focus on attracting top players to showcase the performance benefits of Newton Golf's technologies [8] Group 2: Company Strategy and Technology - The professional tours are seen as a validation ground for Newton Golf's technology and a source of valuable swing data that informs product development [2] - Newton Golf's products, including Newton Motion shafts and Gravity putters, are trusted by over 30 professionals on the PGA TOUR Champions and LPGA Tour [9][11] - The company aims to empower golfers with scientifically advanced tools that enhance consistency and accuracy in their game [11]