TruGolf Holdings Provides H2 Sales Guidance

MT Newswires Live2024-10-23

TruGolf Holdings (TRUG) said late Tuesday its sales are expected to grow by 8% to 12% by the end of 2024, compared with 2023.

Meanwhile, EBITDA for H2 should exceed $500,000, "showing a return to profitability," the company said.

The provider of golf simulation software and hardware said "strong" H2 revenue is being driven by its franchising business, TruGolf Links, and market adoption of new products.

Price: 0.8600, Change: +0.12, Percent Change: +16.22

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment