Adams Golf (ADGF) Reports Q1 Earnings
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Adams Golf (Nasdaq: ADGF) reports Q1 EPS of $0.11 compared to $0.49 per diluted share, for the comparable period of 2007. Net sales were $28.0 million for the first quarter ended March 31, 2008 compared to $27.8 million for the comparable period of 2007, a gain of 1% year-over-year.
"...Looking forward, we believe market conditions may remain challenging for the balance of 2008 but it is our perception that they are currently somewhat improved relative to the first quarter. Looking further forward, we remain firmly optimistic regarding our long-term prospects for growth and creation of shareholder value.''
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