Acushnet Holdings Corp. Announces First-Quarter 2017 Financial Results

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Acushnet (GOLF) Reports Q1 Sales of $433.6M

May 12, 2017 6:54 AM EDT

Acushnet (NYSE: GOLF) reported Q1 net income of $38.1 million. Revenue for the quarter came in at $433.6 million versus the consensus estimate of $433.9 million.

First quarter Adjusted EBITDA of $78.5 million, down 0.9% year over year

GUIDANCE:

Acushnet sees Q2 2017 revenue of... More