CORRECTION: Emerging Growth Research Issues Quarterly Update on Newton Golf Company, Inc.
Emerging Growth Research released a quarterly update on Newton Golf Company, Inc. (NWTG). Q2 revenue declined 36% YoY to $1.3M due to manufacturing and supply constraints. The company completed its 2.0 shaft platform transition, expanded distribution, and saw increased professional adoption. Newton Golf ended Q2 with $0.4M in cash and secured a $5M credit facility post-quarter.

