Net loss expanded to $72.7 million in 2022’s final quarter from a loss of $26.2 million prior, on 20% higher total revenues of $851.3 million over $711.7 million, which would have been up 25% constant currency. Adjusted EBITDA, MODG’s preferred metric that also backs out non-recurring and non-cash adjustments, was $36.6 million in the quarter, up from $14.3 million. The U.S. market contributed the strongest growth, increasing 25% to $603.3 million, while Europe was up 6% (+20% CC) to $119.7 million, Asia grew 11% (+31% CC) to $112.8 million, and Rest ... Log in to view full article.