secwatch.observer — SEC 8-K summary
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Issuer:     TruGolf Holdings, Inc. (TRUG)
CIK:        0001857086
Form:       8-K
Filed at:   2024-11-25T23:59:59+00:00
Accession:  0001493152-24-047504
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TruGolf Q3 sales up 82% YoY to $6.24M; EPS $0.00, EBITDA $1.1M; raises FY guidance
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- Third quarter sales of $6,236,795, up 82% vs Q3 2023; EPS $0.00.
- EBITDA $1.1M for Q3; gross margin expanded to 69% vs 55% a year ago.
- Operating income of $872,000 vs loss of $2.3M in Q3 2023 (137% improvement).
- Revised FY 2024 outlook: revenue growth of 9%-13% YoY; H2 EBITDA estimated $1.1M-$1.5M.
- Franchise initiative launched in Q3 with 120 committed locations across the U.S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857086/000149315224047504/0001493152-24-047504-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857086/000149315224047504/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-047504

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