Turtle Beach

Turtle Beach Corp. engages in the development, commercialization, and marketing of audio peripherals. The firm provides gaming accessory. The company was founded by Elwood G. Norris and James A. Barnes in 1975 and is headquartered in White Plains, NY.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Turtle Beach (HEAR) reports Q4 resilience and eyes 2023 growth

Turtle Beach's Q4 performance showed resilience with a focus on execution and product expansion. Despite challenges in 2022, the company is optimistic about growth in 2023. Strategic initiatives in console headsets and global expansion position Turtle Beach for future success.

Turtle Beach reports Q1 revenue growth, eyes gaming accessory sales

Turtle Beach's Q1 2023 performance showed revenue growth and strategic initiatives, but challenges persist in achieving profitability. The company aims to capitalize on gaming accessory sales growth and operational efficiency to drive future success.

Turtle Beach (HEAR) reports robust Q2 results, eyes growth opportunities

Turtle Beach (HEAR) delivered strong financial performance, showcasing growth and profitability improvements.
The company's focus on innovation, cost management, and value creation bodes well for future success.
Challenges in market dynamics and cost management require strategic attention, while opportunities in market growth and operational efficiency offer avenues for expansion.

Turtle Beach (HEAR) posts strong Q3 results, raises EBITDA guidance

Turtle Beach (HEAR) reported robust Q3 results, with revenue and adjusted EBITDA exceeding expectations. The company's focus on cost efficiencies, profitability, and strategic growth initiatives positions them well for future success.

Turtle Beach acquires PDP, reports revenue growth, and focuses on synergies

Turtle Beach's acquisition of PDP and strong financial performance in 2023 position the company for growth and value creation.
While integration challenges and market competition exist, opportunities for cross-selling and operational efficiency enhancements are key focus areas.
With a new CEO at the helm and strategic initiatives in place, Turtle Beach aims to leverage synergies and drive shareholder value.

Turtle Beach (HEAR) reports strong Q1 growth and eyes market expansion

Turtle Beach's Q1 performance reflects revenue growth and improved profitability, driven by strategic acquisitions.
The company's focus on new product demand and market trends positions it well for future success.
Challenges include competitive pressures and managing market dynamics amidst the pandemic's impact.
Opportunities lie in market expansion, innovation, and strategic partnerships for sustained growth.

Turtle Beach (HEAR) reports stellar Q2 earnings and optimistic outlook

Turtle Beach's Q2 2024 performance showcased robust revenue growth, operational efficiencies, and increased adjusted EBITDA. The company's focus on profitability, cash flow, and shareholder value, along with the successful integration of PDP, positions it well for future success.

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Turtle Beach Corporation (NASDAQ:HEAR ) Q3 2024 Earnings Call November 7, 2024 5:00 PM ET Company Participants Chuck Corney - Investor Relations Cris Keirn - Chief Executive Officer John Hanson - Chief Financial Officer Conference Call Participants Sean McGowan - ROTH Capital Partners Drew Crum - Stifel Jack Codera - Maxim Group Sean McGowan - ROTH Capital Partners Martin Yang - OpCo Operator Good day, ladies and gentlemen. Thank you for standing by.

Turtle Beach Corporation (HEAR) Q3 2024 Earnings Call Transcript

Turtle Beach (HEAR) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to loss of $0.21 per share a year ago.

Turtle Beach (HEAR) Lags Q3 Earnings Estimates

– Third Quarter Net Revenue of $94.4 million, up 60% Year-over-Year – – Net Income was $3.4 million compared to a Net Loss of ($3.6) in prior year – – Adjusted EBITDA was $16.3 million compared to $1.0 in prior year – – Raising Full Year 2024 EBITDA Guidance Again on Continued Execution Strength – – Repurchased $10.1 Million of Common Shares in the Third Quarter –

Turtle Beach Corporation Announces Third Quarter 2024 Results and Raises Full Year Outlook

Turtle Beach's financial history has been turbulent, but the PDP acquisition has repositioned the company into clearly higher margins and better scale at a cheap acquisition multiple. The gaming accessories industry has clear long- and short-term tailwinds, aiding Turtle Beach in achieving likely good organic growth in the future. The investment still has elevated risks, ranging from the cut of a previously important brand partnership to continued PDP integration's success and other risks.

Turtle Beach: Overlooked, Repositioned Company With Growth Tailwinds

Turtle Beach (HEAR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Turtle Beach (HEAR) Moves 8.8% Higher: Will This Strength Last?

Canadian Gamers Can Now Find the Latest Turtle Beach Gaming Accessories at Best Buy Canada Turtle Beach Launches a Variety of New Gaming Accessories in Mexico & Colombia & Expands into Chile WHITE PLAINS, N.Y., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Leading gaming accessories maker Turtle Beach   Corporation (Nasdaq: HEAR) is bringing its best-selling and award-winning gaming accessories to more gamers in key international markets, including Canada and Latin America.

Turtle Beach Drives Growth in Key International Markets, Including Canada & Key Territories in Latin America

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Turtle Beach Corporation (HEAR) Q2 2024 Earnings Call Transcript

Turtle Beach (HEAR) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.41 per share a year ago.

Turtle Beach (HEAR) Reports Q2 Loss, Tops Revenue Estimates

WHITE PLAINS, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming headset and accessories brand, today announced that Chief Financial Officer and Treasurer John Hanson, has informed the Company of his intent to retire after an over 45-year career in leadership, operational, and strategic finance roles. The Company has retained Korn Ferry, an executive recruiting firm, to assist in the search for his successor, and the search will include both external and internal candidates. Mr. Hanson is expected to remain in his current role until a successor is appointed and to remain with Turtle Beach in an advisory capacity following the successor appointment to support continuity and a smooth transition.

Turtle Beach Corporation Announces Planned Retirement of CFO John Hanson

– Second Quarter Net Revenue of $76.5 million, up 59% Year-over-Year – – Raising Full Year 2024 Guidance on Continued Execution Strength – – Repurchased $15 Million of Common Shares in the Second Quarter – – Highlight Intention to Continue Share Repurchases at Attractive Price Levels –

Turtle Beach Corporation Announces Second Quarter 2024 Results and Raises Full Year Outlook

WHITE PLAINS, N.Y., July 25, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: HEAR) a leading gaming headset and accessories brand, today announced it will report financial results for the second quarter 2024 on Thursday, August 8, 2024 after the close of trading on the Nasdaq Stock Market.

Turtle Beach Corporation to Report Second Quarter 2024 Financial Results on Thursday, August 8, 2024

WHITE PLAINS, N.Y., July 25, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming headset and accessories brand, today announced the appointment of Libby Bush, Global Head of Media & Entertainment Partnerships at leading entertainment and sports agency, Creative Artists Agency (CAA), to its board of directors (the “Board”) as an independent director, effective immediately. Following her election to the Board, Ms. Bush has been added as a member of its Compensation Committee. With Ms. Bush's appointment, the Board now includes a total of nine directors. In addition, William Wyatt, who has served as an independent board member since 2023, has been named Chair of the Compensation Committee.

Turtle Beach Corporation Appoints Libby Bush to Board of Directors

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WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Leading gaming accessories maker Turtle Beach Corporation (Nasdaq: HEAR), and Performance Designed Products LLC (PDP) today announced two highly-anticipated additions to its award-winning Victrix Pro FS Arcade Fight Stick line. Victrix has been a staple in the Fighting Game Community (FGC) since 2017, working with pro gamers to design and build their cutting-edge esports gear. Using their input, the Victrix Pro FS Arcade Fight Sticks incorporate unique, tour.

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WHITE PLAINS, N.Y.--(BUSINESS WIRE)---- $HEAR--Leading gaming accessories maker Turtle Beach Corporation (Nasdaq: HEAR) today announced its latest assortment of high-quality, performance-driven gaming headsets, keyboards and mice, are now available at participating retailers worldwide and from www.turtlebeach.com. The new products include a completely redesigned Stealth™ 600 – Turtle Beach's long-running top-selling $99.99 MSRP wireless multiplatform headset that's now packed with even more features, inc.

Raise Your Rank With Turtle Beach – New Gaming Headsets, Keyboards, & Mice – Now Available

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WHITE PLAINS, N.Y.--(BUSINESS WIRE)---- $HEAR--Leading gaming accessories maker Turtle Beach Corporation (Nasdaq: HEAR) and Performance Designed Products LLC (PDP) today released the Victrix® Gambit™ Prime Wired Tournament Controller for Xbox Series X|S, Xbox One, and PC. Designed for Xbox and featuring patented Dual Core™ Technology, the Victrix Gambit Prime Wired Tournament Controller is one of the most responsive Xbox controllers gamers can get their hands on. The Victrix Gambit Prime Wired Tournament.

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Turtle Beach Corporation (NASDAQ:HEAR ) Q1 2024 Results Conference Call May 7, 2024 5:00 PM ET Company Participants Cris Keirn - Chief Executive Officer John Hanson - Chief Financial Officer Alex Thompson - Investor Relations Conference Call Participants Mark Argento - Lake Street Capital Markets Jack Vander Aarde - Maxim Group Sean McGowan - ROTH Operator Welcome to the Turtle Beach First Quarter 2024 Conference Call. My name is Didi, and I will be your operator for today's call.

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