STOCK TITAN

Sacks Parente Golf, Inc. - $SPGC STOCK NEWS

Welcome to our dedicated page for Sacks Parente Golf news (Ticker: $SPGC), a resource for investors and traders seeking the latest updates and insights on Sacks Parente Golf stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sacks Parente Golf's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sacks Parente Golf's position in the market.

Rhea-AI Summary

Sacks Parente Golf, Inc. (NASDAQ: SPGC) reported a revenue of $350k in the first quarter of 2024, surpassing the entire revenue of FY2023. The company expects April 2024 to be a record revenue month and projects a 100% sequential growth in 2Q24. Sacks Parente expanded its Newton Golf Shaft division and introduced innovative programs to drive revenue growth. The company's premium putters and Newton Motion driver shafts are now available in 126 Club Champion retail stores nationwide. Player agreements for Newton Motion shaft sponsorships have been made with notable golf professionals. Sacks Parente appointed golf-industry veteran Jane Casanta to its Board of Directors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.28%
Tags
-
Rhea-AI Summary
Sacks Parente Golf, Inc. (Nasdaq: SPGC) will be presenting a corporate overview at the Planet MicroCap Showcase: VEGAS 2024 on May 1, 2024. The presentation will be given by Executive Chairman Greg Campbell and Chief Financial Officer Steve Handy. Investors can attend the conference in Las Vegas or watch the webcast online. The company's growing portfolio includes putters, golf shafts, grips, and other golf-related accessories.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.73%
Tags
conferences
-
Rhea-AI Summary
Sacks Parente Golf, Inc. (SPGC) introduces the Newton Motion Fairway Woods shaft, expanding its Newton Golf Shaft division. The shaft is designed to enhance golfers' performance, offering longer and straighter shots with less effort. Priced at $225, the shaft features proprietary technologies like Elongated Bend Profile, Kinetic Energy Storage Optimization, Symmetry 360 Construction, and Variable Bend Profile. The innovative DOT system replaces traditional flex categorization, providing a seamless transition for golfers of all skill levels. The shafts come with adjustable adaptors, reinforced tip areas, and pre-installed premium grips, offering enhanced performance and customization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.9%
Tags
none
Rhea-AI Summary
Sacks Parente Golf, Inc. (SPGC) introduces its 2024 PGA Professional, Custom Club Fitter, and Golf Instructor Program to drive revenue growth and promote its advanced putters. The program offers deep discounts and incentives for industry professionals to introduce clients to SPG's proprietary putter technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.22%
Tags
none
-
Rhea-AI Summary
Sacks Parente Golf, Inc. (SPGC) launches a demo program for golfers to test premium putters before purchase, aiming to enhance customer experience and drive sales.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
none
-
Rhea-AI Summary
Sacks Parente Golf, Inc. (SPGC) reports strong financial results for FY 2023, including $11.6 million in net proceeds from IPO, sequential revenue growth, and key investments. The Company anticipates continued revenue growth in 2024, driven by the Newton Motion product line and expanded market presence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
Rhea-AI Summary
Sacks Parente Golf, Inc. (SPGC) announces that Executive Chairman Greg Campbell will present a corporate update at The Winter Wrap-Up MicroCap Rodeo 2024 Virtual Conference. The company offers a range of golf products and accessories. Investors can attend the conference and request one-on-one meetings with Mr. Campbell.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.63%
Tags
conferences
-
Rhea-AI Summary
Sacks Parente Golf, Inc. (Nasdaq: SPGC) announces the availability of its Newton Motion driver shaft in all 126 Club Champion stores nationwide. The carbon fiber shaft is designed to enhance golfers' performance by promoting straighter and longer shots with reduced effort. The shaft features proprietary technologies such as elongated bend profile, kinetic storage construction, Newton Symmetry360 design, and variable bend profile. Club Champion founder Nick Sherburne expressed excitement about the new shafts in play during custom fittings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.63%
Tags
none
-
Rhea-AI Summary
Newton Golf Shafts, a division of Sacks Parente Golf, Inc. (Nasdaq: SPGC), has signed PGA TOUR Champions player Ken Duke as its first player to represent the Newton brand. Duke's switch to the Newton Motion shaft has resulted in impressive performances, including ranking first in driving accuracy and finishing first, third, twelfth, and tied for first in driving distance accuracy in events on the PGA Tour Champions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.41%
Tags
none
Rhea-AI Summary
Sacks Parente Golf, Inc. (SPGC) announces that their Chief Financial Officer will present a corporate overview at the Sidoti & Co. Micro Cap Virtual Conference on January 17 – 18, 2024. The company is a technology-forward golf company with a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
conferences
Sacks Parente Golf, Inc.

Nasdaq:SPGC

SPGC Rankings

SPGC Stock Data

6.90M
5.75M
113.87%
0.49%
0.59%
Sporting and Athletic Goods Manufacturing
Manufacturing
Link
United States of America
CAMARILLO