Streetbeat News

TRUG

TruGolf Holdings, Inc.

Industry

Electronic Gaming & Multimedia

TruGolf Holdings, Inc., through its subsidiary, engages in the development and sale of indoor golf simulator hardware under the TruGolf Nevada brand for residential and commercial markets in the United States. It also provides E6 Connect software for use on other companies' hardware. The company was founded in 1982 and is headquartered in Centerville, Utah.

Open

0.86

Mkt cap

8.1M

Volume

140M

High

0.92

P/E Ratio

-0.84

52-wk high

11.82

Low

0.64

Div yield

N/A

52-wk low

0.35

TruGolf Holdings, Inc. (NASDAQ: TRUG) reported an 82% year-over-year increase in third-quarter sales, reaching $6.24 million. Despite the sales growth, the EPS remained at $0.00, and EBITDA was $1.1 million. The growth was driven by new product launches.

Portfolio Pulse from

November 15, 2024 | 2:30 pm

TruGolf Holdings shares are experiencing an increase in trading activity following the company's announcement of revenue growth guidance for the second half of the year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 12:13 pm

TruGolf forecasts a year-over-year revenue growth of 8%-12% for the second half of 2024, driven by an expanding franchise model and increased product demand. The company also expects EBITDA to exceed $500,000, indicating a return to profitability.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 6:44 am

TruGolf Links, owned by TruGolf Holdings, Inc. (NASDAQ:TRUG), has signed its second regional development deal to open 80 new locations in the Chicago suburbs and northwest Indiana. The expansion will be led by entrepreneurs Bob Early and Ron Rzansa.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 1:01 pm

TruGolf Holdings, Inc. (NASDAQ:TRUG) has signed an exclusive multi-year licensing deal with Golf Blueprint. This partnership will integrate Golf Blueprint's patent-pending technology into TruGolf's E6 APEX software, providing users with structured lesson plans to optimize practice and improve performance.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 1:08 pm

The article highlights the performance of 12 communication services stocks during Tuesday's after-market session. Notable gainers include CuriosityStream, FingerMotion, and Zhihu, while significant losers include Treasure Global, Cardlytics, and iHeartMedia.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 8:31 pm

In Monday's pre-market session, several communication services stocks showed notable movements. Hanryu Holdings, Leafly Holdings, Treasure Global, Collective Audience, TruGolf Holdings, and TuanChe were among the gainers, with increases ranging from 5.52% to 21.6%. Conversely, NextPlat, Mobile Global Esports, iHuman, Brera Holdings, Chicken Soup for the Soul, and Reading Intl were the losers, with declines between 4.38% and 17.6%. Market values of these companies also varied significantly.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 12:07 pm

In Wednesday's pre-market session, several Communication Services stocks showed notable movements. Kore Group Holdings, TuanChe, VS Media Holdings, Vtex, Asset Entities, and FingerMotion were among the gainers, with increases ranging from 4.55% to 13.9%. Conversely, TruGolf Holdings, Antelope Ent Hldgs, Fluent, HWH International, Gamer Pakistan, and Mobile Global Esports were the losers, with declines between 5.7% and 8.8%.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 12:09 pm

TruGolf Holdings, Inc. (NASDAQ:TRUG) has announced a strategic partnership with Franchise Well to accelerate its global expansion through franchising. This move aims to capitalize on the growing demand for off-course golf experiences, as evidenced by the National Golf Foundation's data showing a significant increase in off-course golf participation. TruGolf's CEO, Chris Jones, emphasized the goal of making golf more accessible globally, while Franchise Well's Ben Litalien highlighted the low labor, high technology appeal of TruGolf's franchising model.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:05 pm

In Tuesday's pre-market session, several communication services stocks showed notable movements. Reddit (RDDT) led the gainers with an 11.5% increase, while Cardlytics (CDLX) experienced the largest drop among the losers, declining by 16.1%. Other notable movers included NextPlat (NXPL), Advantage Solutions (ADV), and BuzzFeed (BZFD), with significant changes in their stock prices.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 1:06 pm

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