NEWTON GOLF Company Sees Prelim. Q3 Revenue $1.15M-$1.25M, Gross Margin 63-67%
Portfolio Pulse from Benzinga Newsdesk
Newton Golf Company has announced preliminary Q3 revenue estimates between $1.15 million and $1.25 million, with a gross margin ranging from 63% to 67%.
October 28, 2024 | 12:19 pm
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POSITIVE IMPACT
Newton Golf Company's preliminary Q3 revenue is estimated between $1.15M and $1.25M, with a gross margin of 63-67%. This indicates strong financial performance.
The preliminary revenue and gross margin figures suggest a strong financial performance for Newton Golf, which is likely to positively impact SPGC's stock price. The high gross margin indicates efficient cost management and profitability.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80