NewsRamp is a PR & Newswire Technology platform that enhances press release distribution by adapting content to align with how and where audiences consume information. Recognizing that most internet activity occurs outside of search, NewsRamp improves content discovery by programmatically curating press releases into multiple unique formats—news articles, blog posts, persona-based TLDRs, videos, audio, and Zero-Click content—and distributing this content through a network of news sites, blogs, forums, podcasts, video platforms, newsletters, and social media.
FAQ: Newton Golf Company Insider Share Purchases Following Record Q3 Results
TL;DR
Newton Golf Company insiders purchased 173,548 shares, signaling strong confidence after record Q3 revenue growth of 113% to $2.58 million.
CEO, CFO and a director bought shares on open markets, increasing insider ownership to 8.8% following third-quarter financial results disclosure.
Newton Golf's physics-based engineering empowers golfers worldwide with advanced equipment that improves performance and consistency across all skill levels.
Newton Golf's Fast Motion shaft gains traction across professional tours and international markets, driving the company's significant revenue growth.
Found this article helpful?
Share it with your network and spread the knowledge!
Senior executives and a board member purchased 173,548 shares on the open market following the release of record third-quarter results, bringing insider ownership to approximately 8.8%.
The purchases were made by CEO Greg Campbell, CFO Jeff Clayborne, and independent director Brett Hoge, as reported on Form 4 filings.
The purchases reflect confidence in the company's record Q3 revenue of $2.58 million, which was up 113% year over year, and continued demand for the Fast Motion shaft across professional tours and international markets.
The company reported record third-quarter revenue of $2.58 million, representing a 113% increase compared to the same period last year.
The company's flagship Newton Motion and Fast Motion shafts are trusted by Tour professionals worldwide and are experiencing continued demand across professional tours and international markets.
Newton Golf Company is a pioneering golf technology company that redefines performance through physics-based engineering, precision design, and U.S.-based innovation, aiming to empower golfers of all levels with advanced equipment engineered for results.
The latest news and updates relating to NWTG are available in the company's newsroom at https://ibn.fm/NWTG.
MissionIR is a specialized communications platform that assists IR firms with syndicated content to enhance the visibility of companies within the investment community, and they are responsible for distributing this news content.
Following these purchases, insider ownership reached approximately 8.8% of the company, which is a substantial stake that demonstrates strong alignment between management and shareholders.
Curated from InvestorBrandNetwork (IBN)
