Topgolf Callaway Q3 revenue up 15.4% to record $988.5M; raises FY2022 guidance

Callaway Golf Co

2022-Q3 EPS reported $1.17 revenue$3,144,400,000

Q3 2022 revenue $988.5M (+15.4% YoY, +21.3% constant currency); GAAP net income $38.5M vs $16.0M loss in Q3 2021.
Non-GAAP net income $44.6M (+69.6% YoY); Adjusted EBITDA $144.4M (+4.0% YoY, +22.7% constant currency).
Topgolf segment revenue $413.8M (+24% YoY); same-venue sales +11% vs Q3 2019.
FY2022 revenue guidance raised to $3,965M-$3,985M; Adjusted EBITDA guidance raised to $560M-$570M.
FY2023 outlook: ~$600M Adjusted EBITDA, revenue growth ~10% YoY (~13% constant currency).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Callaway Golf Co reported third quarter of 2022 results: revenue $988.5 million, net income $38.5 million, EPS $0.20. Guidance raised.

Period: third quarter of 2022
Revenue: $988.5 million
Net income: $38.5 million
EPS: $0.20
Guidance: raised
Result: reported results

Exact text from the filing

Third Quarter Revenue Increase Driven by Strength Across All Segments Introduces Full Year 2023 Revenue and Adjusted EBITDA Outlook • Q3 2022 consolidated net revenues of $988.5 million, an increase of 15.4%, or 21.3% on a constant currency basis, compared to Q3 2021 • Q3 2022 GAAP income from operations of $68.2 million, a decrease of 10.3%, compared to Q3

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Callaway Golf Co updated its full year 2022 guidance (raised).

Period: full year 2022
Guidance: raised
Result: guidance update

Exact text from the filing

Increased full year 2022 revenue outlook to $3,965 million - $3,985 million and Adjusted EBITDA outlook to $560 million - $570 million

View on SEC.gov

Browse all earnings releases →

Callaway Golf Co filing history →

Source: SEC EDGAR

accession 0000837465-22-000023

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.