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 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 (HEAR) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to loss of $0.39 per share a year ago.

Turtle Beach (HEAR) Reports Q1 Loss, Tops Revenue Estimates

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) (“Turtle Beach” or the “Company”) reported financial results for the first quarter ended March 31, 2023. First Quarter Summary vs. Year-Ago Quarter: Net revenue was $51.4 million, an increase of 10% compared to $46.7 million a year ago; Net loss was $6.7 million, or $0.40 per diluted share, compared to net loss of $6.5 million, or $0.40 per diluted share, a year ago; Adjusted net loss was.

Turtle Beach Reports First Quarter 2023 Results, Exceeding Expectations

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Turtle Beach Corporation (Nasdaq: HEAR, the “Company”), a leading gaming headset and audio accessory brand, today announced that its Board of Directors (the “Board”) has unanimously taken a series of actions consistent with its commitment to acting in the best interest of its shareholders and ensuring best-in-class governance practices. These actions are aligned with shareholder feedback and include: Implementation of a CEO succession plan, effective June 30.

Turtle Beach Announces CEO Transition Plan and Governance Actions

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming accessory business, announced it will report financial results for the first quarter 2023 on Thursday, May 4, 2023. In conjunction with this announcement, Turtle Beach will host a conference call at 5:00 p.m. ET / 2:00 p.m. PT with the Company's Chairman and CEO, Juergen Stark, and CFO, John Hanson. A live webcast of the call will be available on the “Events & Presentations” page of the Company's.

Turtle Beach Corporation to Report First Quarter 2023 Financial Results on Thursday, May 4, 2023

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Turtle Beach Stealth Pro Retail Availability Announcement.

The Coronation of Turtle Beach's Stealth Pro as the New King of Ultra-Premium Wireless Gaming Audio Has Begun

Immersion

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Turtle Beach Corporation (Nasdaq: HEAR, the “Company”), a leading gaming headset and audio accessory brand, today issued the following statement regarding its extensive efforts to reach a settlement with Immersion Corporation (Nasdaq: IMMR, “Immersion”): In the interest of avoiding another costly and distracting proxy contest, members of the Turtle Beach Board and management team have engaged extensively and in good faith with Immersion, including offering t

Turtle Beach Highlights Ongoing Commitment to Shareholder Value Creation

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Turtle Beach Corporation (Nasdaq: HEAR, the “Company”), a leading gaming headset and audio accessory brand, today announced that its Board of Directors (the “Board”) has approved the adoption of a limited duration stockholder rights plan (the “Rights Plan”) and declared a dividend distribution of one right (“Right”) for each outstanding share of common stock. The record date for such dividend distribution is April 10, 2023.

Turtle Beach Corporation Adopts Limited Duration Stockholder Rights Plan

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.

Strength Seen in Turtle Beach (HEAR): Can Its 9.4% Jump Turn into More Strength?

WHITE PLAINS, N.Y.--(BUSINESS WIRE)---- $HEAR--All hail the new king of ultra-premium wireless gaming audio! Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) today revealed its new flagship wireless multiplatform gaming headset – the Turtle Beach® Stealth™ Pro. Turtle Beach's Stealth Pro brings the award-winning and best-selling gaming headset brand's top features to your multiverse for gaming on Xbox, PlayStation, Windows PCs, Mac, Nintendo Switch, and mobile devices.

All Hail the New King of Ultra-Premium Wireless Gaming Audio – Turtle Beach Reveals the Stealth Pro

The stock price of Turtle Beach Corp (NASDAQ: HEAR) fell by 14.72% after hours today. This is why.

HEAR Stock: 14.72% Decrease After Hours Explanation

Turtle Beach Corporation (NASDAQ:HEAR ) Q4 2022 Earnings Conference Call March 13, 2023 5:00 PM ET Company Representatives Juergen Stark - Chairman, Chief Executive Officer John Hanson - Chief Financial Officer Alex Thompson - Investor Relations Conference Call Participants Mark Argento - Lake Street Capital Markets Drew Crum - Stifel Jack Vander Aarde - Maxim Group Martin Yang - Oppenheimer Operator Welcome to the Turtle Beach Fourth Quarter and Full Year 2022 Conference Call. My name is Victor and I will be your operator for today's call.

Turtle Beach Corporation (HEAR) Q4 2022 Earnings Call Transcript

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR), today announced that its Board of Directors has approved an extension of its share repurchase program for an additional two years, through April 9, 2025.

Turtle Beach Extends Share Repurchase Program

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) reported financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter Summary vs. Year-Ago Quarter: Net revenue was $100.9 million ($105.5 million in constant currency), compared to $109.4 million a year ago; Net loss was $23.2 million, or $1.40 per diluted share, compared to net income of $4.5 million, or $0.

Turtle Beach Reports Fourth Quarter and Full Year 2022 Results

Turtle Beach (NASDAQ:HEAR) Corporation will report its fourth-quarter results on Monday, and while the audio technology company has a chance to grow its market share in 2023, analysts at Wedbush lowered their price target for the stock.  The firm reiterated its ‘Outperform' rating for the company but its price target dipped to $10 per share from $12.

Headset-maker Turtle Beach could report 1Q underwhelming guidance but remains a long-term buy, Wedbush says

WHITE PLAINS, N.Y.--(BUSINESS WIRE)---- $HEAR--Leading gaming accessories maker Turtle Beach Corporation (NASDAQ: HEAR) today announced two new colorways, Teal and Pink, are now available for its Designed for Xbox Stealth 600 Gen 2 MAX wireless gaming headset.

Turtle Beach Launches New Stealth 600 Gen 2 MAX Teal & Pink Colorways as the Leading Gaming Accessory Maker's First Carbon Neutral Products

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming accessory business, announced it will report financial results for the fourth quarter 2022 on Monday, March 13, 2023. In conjunction with this announcement, Turtle Beach will host a conference call at 5:00 p.m. ET / 2:00 p.m. PT with the Company's Chairman and CEO, Juergen Stark, and CFO, John Hanson.

Turtle Beach Corporation to Report Fourth Quarter and Full Year 2022 Financial Results on Monday, March 13, 2023

WHITE PLAINS, N.Y.--( BUSINESS WIRE )--Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) today announced its award-winning Turtle Beach VelocityOne™ Flight Universal Control System was the gaming industry's market share leader for flight controllers in 2022. In data1 provided by The NPD Group, which tracks retail product sales across the gaming industry in the U.S., Turtle Beach's Designed for Xbox VelocityOne Flight was the #1 best-selling flight controller by dollar sales in the U.S. for 2022. Additionally, in the UK, VelocityOne Flight was the best-selling joystick in 2022 by revenue, according to GfK Entertainment data2.

Turtle Beach's Critically Acclaimed VelocityOne Flight Universal Control System Becomes Gaming's Best-Selling Flight Controller

WHITE PLAINS, N.Y.--( BUSINESS WIRE )--Leading gaming accessories maker Turtle Beach Corporation (Nasdaq: HEAR) today announced it has struck another momentously firm handshake with DrDisRespect. The Doc has spoken and is committed to his long-standing relationship with Turtle Beach and ROCCAT in a new multi-year deal that sees him continue wielding both brands' best-selling and award-winning gaming accessories with enough lethal force to consistently sit atop the leaderboards. Fans will continue seeing Doc using his esteemed Turtle Beach Stealth 700 headset , Vulcan TKL keyboard, Kone Pro mouse, and other gear. The two-time champ will also return to the lab to help design the next round of performance-driven gaming gear, and to the studio to continue creating the content that's grown his audience to over four million fans on his YouTube channel and made him the perennially nominated Streamer of the Year (2019, 2017) by the Esports Industry Awards.

YA YA YA Indeed – Turtle Beach, ROCCAT, & DrDisRespect Strike Firm Handshake to Continue the Momentum

WHITE PLAINS, N.Y.--( BUSINESS WIRE )--Leading gaming headset and accessory maker Turtle Beach Corporation (Nasdaq: HEAR) today announced the Turtle Beach ® VelocityOne™ Stand is now available globally. The VelocityOne Stand completes Turtle Beach's ultimate award-winning flight simulation setup, as it houses the VelocityOne Flight Universal Control System or VelocityOne Flightstick, along with the VelocityOne Rudder pedals to deliver a modern flight simulation experience at home. VelocityOne Stand has built-in quick release latches for adjusting the height, angle, and length to adapt to any player and environment. Additionally, the upper mounting platform tilts for proper yoke, stick, or wheel placement, and the lower platform can be similarly adjusted for rudder or racing pedals. The VelocityOne Stand 's reversible design allows it to be used facing either direction, and solid steel mounting platforms are predrilled to ensure a perfect fit. Anti-wobble, adjustable rubber feet keep the VelocityOne Stand firmly planted, and a convenient fold-flat design allows for stowing away easily without needing to unmount your accessories. Turtle Beach's VelocityOne Stand is now available on www.turtlebeach.com and participating retailers for a $199.99 MSRP.

Flight Simulation Fans Can Now Complete Their VelocityOne Flight Setup With Turtle Beach's Universal VelocityOne Stand

WHITE PLAINS, N.Y.--( BUSINESS WIRE )--Best-selling gaming headset and accessories maker Turtle Beach Corporation (Nasdaq: HEAR) announced its new Turtle Beach® Fuel Dual Controller Charging Station & Headset Stand for Xbox is now available. The Designed for Xbox Fuel Dual Controller Charging Station delivers reliable, always-ready power for Xbox Wireless Controllers on Xbox Series X|S through two quick-charging 22+ hour battery packs. The charging station holds two Xbox Wireless Controllers, while the removable headset stand ensures your Stealth 600 Gen 2 MAX or other award-winning Turtle Beach headset is easily within reach. The Fuel Dual Controller Charging Station & Headset Stand for Xbox is available now at www.turtlebeach.com and participating retailers for a $34.99 (£29.99/€34.99) MSRP.

Turtle Beach's Designed for Xbox Fuel Dual Controller Charging Station & Headset Stand Now Available

WHITE PLAINS, N.Y.--( BUSINESS WIRE )--Looking to be this year's holiday gifting hero? Get the latest console gaming accessories, PC gaming peripherals, and microphones from leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) this holiday season.

Be 2022's Holiday Gifting Hero With the Latest Gaming Gear From Turtle Beach, ROCCAT, and Neat Microphones

WHITE PLAINS, N.Y.--( BUSINESS WIRE )--Leading gaming accessory maker Turtle Beach Corporation (Nasdaq: HEAR) (“Turtle Beach” or the “Company”), today announced the appointment of Julia Sze to the Company's Board of Directors.

Turtle Beach Appoints Julia Sze to the Board of Directors

WHITE PLAINS, N.Y.--( BUSINESS WIRE )--Best-selling gaming headset and accessories maker Turtle Beach Corporation (Nasdaq: HEAR) today announced its Turtle Beach® Fuel Compact VR Charging Station for Meta Quest 2 is now available globally. The Fuel Compact VR Charging Station provides both power and convenient, compact storage for the Meta Quest 2 headset and its controllers ensuring that VR gamers' devices are fully charged and ready for hours of play. With two 20-hour battery packs for the controllers, VR gamers never miss a beat, while the magnetic charging system keeps the headset and controllers in-place, charged up, and ready for deep and immersive VR gaming. The Fuel Compact VR Charging Station for Meta Quest 2 is available now from www.turtlebeach.com and participating retailers for $79.99 (£69.99/€79.99) MSRP.

Charge Into the Virtual World With Turtle Beach's Fuel Compact VR Charging Station for Meta Quest 2 – Now Available

WHITE PLAINS, N.Y.--( BUSINESS WIRE )--Best-selling gaming headset and accessories maker Turtle Beach Corporation (Nasdaq: HEAR) today announced its highly-anticipated Turtle Beach® VelocityOne™ Flightstick is now available. Designed for Xbox Series X|S, Xbox One, and Windows PCs, VelocityOne Flightstick is the gaming flight stick of the future. Whether you're an air combat or space ace, the VelocityOne Flightstick is a joystick designed for all forms of flight, giving immersive and accurate controls for navigating the top air and space flight sim and combat games. VelocityOne Flightstick boasts eight control axes, including contactless hall effect sensors on the main X&Y axes, that provide precise control, while two multifunction levers operate main engine power and the adjustment of control surfaces. The VelocityOne Flightstick 's precise nano trim wheel allows for fine tuning of altitude, and an OLED Flight Management Display makes for easy adjustments. Turtle Beach's VelocityOne Flightstick gives gamers on Xbox and Windows PCs a multitude of flight controls with 27 programmable buttons, a rapid-fire trigger, an integrated trackpad, and Bluetooth® connectivity to its companion app.

The Gaming Flight Stick of the Future Has Arrived – Turtle Beach's Groundbreaking Designed for Xbox VelocityOne Flightstick Is Now Available

WHITE PLAINS, N.Y.--( BUSINESS WIRE )--ROCCAT, Turtle Beach Corporation's (Nasdaq: HEAR) award-winning PC gaming peripherals brand, today announced the launch of its affordable, all-purpose Kone Air Wireless Ergonomic Gaming Mouse . With many professionals and gamers now balancing work and game time, the Kone Air is the perfect solution, combining ROCCAT's ergonomic Kone shape in a versatile mouse suitable for getting through everyday productivity as well as securing a win for your squad. ROCCAT's ergonomic Kone mouse shape has been perfected over 15 years of research and development to deliver ultimate comfort, and the Kone Air adds ROCCAT's Stellar Wireless technology to manage wireless signal strength and battery life for optimal performance. This includes lag-free 2.4GHz wireless for fast-paced gaming, or a reliable Bluetooth® connection for productivity and reduced power consumption. Additionally, PC gamers can remove one of the Kone Air 's two AA batteries to adjust the weight of the mouse for faster movement, or use both batteries and Bluetooth to achieve a mind-blowing 800+ hours of battery life. ROCCAT's Kone Air mouse comes in Black or Arctic White and is available now for $69.99 (£59.99/€69.99) MSRP at www.roccat.com and participating retailers worldwide.

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