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Actionable news in ELY: CALLAWAY GOLF COMPANY,

Callaway Golf (ELY) Stock Soars in After-Hours Trading on Earnings Beat, Guidance

NEW YORK (TheStreet) -- Callaway Golf Co. (ELY - Get Report) stock is increasing 8.5% to $9.59 in after-hours trading on Wednesday after the golf equipment manufacturer reported earnings and revenue that surpassed estimates for the third quarter of 2015.

The company reported earnings of 7 cents per share for the quarter ended September 30, beating estimates of a loss of 8 cents per share.

Revenue increased 4% year-over-year to $175.78 million for the latest quarter, surpassing expectations of $169.74 million.

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