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Callaway Completes Third Quarter With Small Profit

Carlsbad-based Callaway Golf Co. reported on Nov. 1 that its third-quarter net income was $1.3 million, or 2 cents per share, on revenue of $236 million. The company did better than it did one year ago, when it posted a quarterly net loss of $12 million, or 18 cents per share, on revenue of $194 million.

Shares of Callaway , which makes golf clubs, balls and accessories , trade on the New York Stock Exchange under the symbol ELY. Callaway closed Nov. 1 at $16.27, down $1.05, or 6 percent, from its Oct. 31 close.

, Brad Graves

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