Callaway Golf (ELY) Tops Q2 EPS by 5c

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CALLAWAY GOLF COMPANY ANNOUNCES RECORD SECOND QUARTER 2022 RESULTS AND RAISES FULL YEAR GUIDANCE

August 4, 2022 4:24 PM EDT

Second Quarter Revenue Increase Driven by Strong Demand and Strength Across All Segments

Topgolf Delivers 8% Growth in Same Venue Sales Compared to 2019

Q2 2022 consolidated net revenues increased $202.1 million to $1,115.7 million, an increase of 22.1% compared to Q2 2021Q2 2022 GAAP net income of $105.4 million and non-GAAP net income of $93.5 millionQ2 2022 Adjusted EBITDA increased $42.8 million to $207.3 million, an increase of 26.0% compared to Q2 2021Increased full year 2022 revenue outlook to $3,945 million - $3,970 million and Adjusted EBITDA outlook to $555 million - $565... More