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Turtle Beach (HEAR) - 2024 Q4 - Annual Results
2025-03-13 20:30
Exhibit 99.1 TURTLE BEACH CORPORATION ANNOUNCES RECORD FOURTH QUARTER AND YEAR END 2024 RESULTS – Fourth Quarter Net Revenue Reaches Quarterly Record of $146.1 million, up 47% Year-over-Year – – Fourth Quarter Net Income of $20.1 million compared to $8.6 million in prior year – – Fourth Quarter Adjusted EBITDA Reaches Quarterly Record of $35.7 million, up from $14.0 million in prior year – – Initiates Full Year 2025 Guidance, including Adjusted EBITDA of between $68 and $72 million representing year-over-ye ...
Turtle Beach Corporation Announces Ticker Symbol Update to “TBCH”
Globenewswire· 2025-01-06 13:30
WHITE PLAINS, N.Y., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming accessories provider, today announced that it will update its ticker symbol to “TBCH” effective January 7, 2025. This change reflects Turtle Beach’s evolution and ongoing growth as a dominant force in the broader gaming accessories market. “Our new ‘TBCH’ ticker symbol represents more than just adaptation of our market identity,” said Cris Keirn, CEO, Turtle Beach Corporation. “It signifies our gr ...
Turtle Beach Corporation Announces Ticker Symbol Update to "TBCH"
Newsfilter· 2025-01-06 13:30
WHITE PLAINS, N.Y., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (NASDAQ:HEAR), a leading gaming accessories provider, today announced that it will update its ticker symbol to "TBCH" effective January 7, 2025. This change reflects Turtle Beach's evolution and ongoing growth as a dominant force in the broader gaming accessories market. "Our new ‘TBCH' ticker symbol represents more than just adaptation of our market identity," said Cris Keirn, CEO, Turtle Beach Corporation. "It signifies our gro ...
Turtle Beach (HEAR) Lags Q3 Earnings Estimates
ZACKS· 2024-11-08 01:06
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this audio technology company would post a loss of $0.27 per share when it actually produced a loss of $0.30, delivering a surprise of -11.11%.Over the last four quarters, the ...
Turtle Beach (HEAR) - 2024 Q3 - Quarterly Report
2024-11-07 22:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35465 TURTLE BEACH CORPORATION (Exact name of registrant as specified in its charter) Nevada 27-2767540 (State or other jur ...
Turtle Beach Corporation Announces Third Quarter 2024 Results and Raises Full Year Outlook
GlobeNewswire News Room· 2024-11-07 21:15
– 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 – WHITE PLAINS, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming accessories brand, today reported fin ...
Turtle Beach: Overlooked, Repositioned Company With Growth Tailwinds
Seeking Alpha· 2024-10-27 14:00
I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn't limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a ...
Turtle Beach (HEAR) Moves 8.8% Higher: Will This Strength Last?
ZACKS· 2024-10-17 11:21
Turtle Beach (HEAR) shares ended the last trading session 8.8% higher at $16.51. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4.6% gain over the past four weeks. The uptrend in shares is largely attributable to its expansion in key international markets, including Canada, Mexico, Colombia, and Chile. Turtle Beach has brought all the latest gaming accessories to Canada to enable subscribers to avail of more gamin ...
Turtle Beach (HEAR) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-08 23:41
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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this audio technology company would post a loss of $0.16 per share when it actually produced earnings of $0.21, delivering a surprise of 231.25%. Over the last four quarters, the ...
Turtle Beach Corporation Announces Planned Retirement of CFO John Hanson
GlobeNewswire News Room· 2024-08-08 20:16
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 intern ...