Callaway Golf (ELY) Misses Q1 EPS by 4c; Not Providing Guidance
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Callaway Golf Company Announces First Quarter 2020 Results and Completion Of Convertible Notes Offering
May 7, 2020 4:20 PM EDTCARLSBAD, Calif., May 7, 2020 /PRNewswire/ -- Callaway Golf Company (NYSE: ELY) announced today financial results for the quarter ended March 31, 2020 consistent with the preliminary estimates announced on April 27, 2020. The Company also announced the completion on May 4, 2020 of the issuance of 2.75% Convertible Senior Notes due 2026, raising net proceeds of approximately $250 million after certain transaction costs. Â
"We are pleased that during the first quarter of 2020 our golf equipment market shares remained strong in all of our major markets and that we were able to deliver a profitable quarter despite the negative impact of... More
