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TruGolf Reports First Quarter 2025 Financial Results Q1 2025 Sales Grow 7.5% Over Q1 2024
TRUGTruGolf(TRUG) GlobeNewswire News Room·2025-05-16 09:21

Salt Lake City, Utah, May 15, 2025 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading provider of golf simulator software and hardware, announced today its first quarter 2025 results.  The Company reported sales of 5.4million,up7.55.4 million, up 7.5% compared to 2024 first quarter sales of 5.0 million. Net losses doubled to (2.6)millionfor2025sfirstquarter,versusanetlossof(2.6) million for 2025’s first quarter, versus a net loss of (1.3) million in the 2024 period, driven largely by recognition of interest expenses associated with the conversion of ...