Topgolf Callaway Brands (MODG) reported a Q1 non-GAAP earnings late Monday of $0.11 per diluted share, up from $0.08 a year earlier.
Analysts polled by FactSet expected a loss of $0.06.
Net revenue for the quarter ended March 31 was $1.09 billion, down from $1.14 billion a year earlier.
Analysts surveyed by FactSet expected $1.07 billion.
For Q2, the golf equipment manufacturer expects revenue of $1.08 billion to $1.12 billion. Analysts polled by FactSet expect $1.12 billion.
For 2025, the company affirmed revenue guidance of $4 billion to $4.19 billion. Analysts polled by FactSet expect $4.06 billion.
Shares of the company were up over 1% in recent after-hours activity.
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