Connecting the Golf Industry

Fri Mar 12 2010
Adams Golf Announces Year End 2009 Results

PLANO, Texas, March 9, 2010 (GLOBE NEWSWIRE) -- Adams Golf (Nasdaq:ADGF) today reported net sales of $76.1 million for the year ended December 31, 2009, as compared to $91.5 million for the year ended December 31, 2008, a decrease of 17% year-over-year. Adams Golf had a net loss of $12.2 million, or $1.82 per fully diluted share, for the year ended 2009, as compared to a net loss of $1.5 million, or $0.23 per fully diluted share, for the comparable period of 2008.

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