Adams Golf Inc. (ADGF)

Adams Golf, Inc., through its subsidiaries, designs, assembles, markets, and distributes golf clubs. The company’s products include iron sets, drivers, fairway woods, wedges, putters, golf bags, hats, and accessories. It sells its products through golf shops, sporting goods retailers, mass merchants, and international distributors in Europe, Canada, Japan, and South Africa, as well as other Asian regions. Adams Golf, Inc. was founded in 1987 and is based in Plano, Texas.

For the nine months ended 30 September 2006, Adams Golf, Inc.'s revenues increased 35% to $63M. Net income increased 8% to $4.6M. Revenues reflect the successful product introductions of the Idea A2 & A2 Os Irons and increased sales of iron & fairway woods. Net income was partially offset by an increase in research & development expenses, higher selling & marketing expenses and increased general & administrative expenses.