In reporting the quarter ended December 31, 2007, Callaway Golf Company has lost $6 million more than it lost for the same quarter last year. But apparently, this is no problem for the Carlsbad company.
Despite the larger loss in the year-over-year quarter, Callaway reported improved earnings for 2007 compared to 2006. In 2007, Callaway earned $54.6 million, or 81 cents per share. In 2006, Callaway earned $23.3 million, or 34 cents per share.
Great, revenues are up. Now they just have to figure out that profit thing.
[Link: North County Times]
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