CAMARILLO, Calif., Nov. 24, 2025 (GLOBE NEWSWIRE) -- via IBN - Newton Golf Co. (NASDAQ: NWTG) said Friday that senior executives and a board member purchased shares of the company's stock on the open market following the release of its third-quarter results.
The purchases were made by Chief Executive Officer Greg Campbell, Chief Financial Officer Jeff Clayborne and independent director Brett Hoge. In total, insiders bought 173,548 shares, bringing insider ownership to about 8.8%, the company said. All transactions were filed with the Securities and Exchange Commission on Form 4.
"We delivered the largest revenue quarter in company history, with 113% year-over-year revenue growth and accelerating demand for the Fast Motion shaft," Campbell said in a statement. "Our leadership team remains highly confident in the strength of our technology platform and the momentum we're building across the industry. These personal share purchases reflect our belief in the long-term value we expect to create for shareholders."
Newton reported $2.58 million in Q3 revenue, up 113% from a year earlier, and continued adoption of its shafts across the PGA Tour Champions, LPGA and Korn Ferry Tour. The company also expanded distribution in Japan and South Korea and said demand for its Fast Motion shaft continues to outpace earlier product launches.
Newton reaffirmed its 2025 revenue outlook of $7 million to $7.5 million. The company plans to introduce new premium shaft lines in 2026, expanding its Motion-based technology platform.
About Newton Golf
At Newton Golf, we harness the power of physics to revolutionize golf equipment design. Formerly known as Sacks Parente, our rebranding reflects our commitment to innovation inspired by Sir Isaac Newton, the father of physics. By applying Newtonian principles to every aspect of our design process, we create precision-engineered golf equipment-including Newton Motion shafts and Gravity putters-that delivers unmatched stability, control, and performance. Our mission is to empower golfers with scientifically advanced tools that maximize consistency and accuracy, ensuring every swing is backed by the laws of physics.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or the future financial performance of the Company and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements.
In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "expects," "plans," "anticipates," "intends," "believes," "estimates," "projects," "potential," "continues," or the negative of these terms or other comparable terminology. These statements include, but are not limited to, statements regarding the Company's revenue projections, growth strategy, product development, partnerships, and market opportunities.
These forward-looking statements reflect the Company's current expectations and projections based on information available as of the date of this release and are subject to a number of risks and uncertainties, including, but not limited to, general economic, financial, and business conditions, changes in consumer demand and industry trends, the Company's ability to successfully implement its strategic initiatives, competition in the golf-equipment market, supply-chain disruptions, regulatory compliance and legal proceedings, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
The Company cautions investors that forward-looking statements are not guarantees of future performance, and actual results may differ materially from those projected. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Media Contact
Beth Gast - BG Public Relations
beth.gast@bgpublicrelations.com
Investor Contact
Scott McGowan - InvestorBrandNetwork (IBN)
310.299.1717
ir@newtongolfco.com
