Turtle Beach Corporation Announces Growth in Revenue, Adjusted EBITDA and Gross Margins in First Quarter 2025 Results and $75 Million Share Repurchase Program
- –Net Revenue of $63.9 million, up 14% compared to prior year– –Gross Margin improved to 36.6%, an increase of approximately 470 basis points compared to prior year– –Net Loss of $(0.7) million compared to Net Income of $0.2 million in prior year– –Adjusted EBITDA of $4.1 million, up from $1.4 million in prior year– –Generated $40.5 million in cash flow from operations, the highest level since 2019– –Authorized a new $75 million stock repurchase program–
- 05/08/2025
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Turtle Beach Corporation to Report First Quarter 2025 Financial Results on Thursday, May 8, 2025
- WHITE PLAINS, N.Y., April 28, 2025 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: TBCH) a leading gaming headset and accessories brand, today announced it will report financial results for the first quarter 2025 on Thursday, May 8, 2025, after the close of trading on the Nasdaq Stock Market.
- 04/28/2025
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Turtle Beach: More Growth To Be Expected In The Second Half Of 2025
- The launch of Nintendo Switch 2 and GTA 6 will serve as a catalyst for Turtle Beach's growth and should result in the stock price trading at par with its peers. The company is estimated to make 30% of its revenue from non-headset products, which broadens and expands their customer base thanks to their recent acquisition of PDP. According to my estimates, the stock is trading at a 70% discount to its peers while growing faster than them; the market seems to be overlooking value drivers ahead.
- 04/15/2025
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Turtle Beach (TBCH) Surges 17.1%: Is This an Indication of Further Gains?
- Turtle Beach (TBCH) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
- 04/10/2025
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Turtle Beach: Looking Cheap As It Delivers On Promises
- Turtle Beach's acquisition of PDP boosted shares and improved financials, as 2024 sales rose in a spectacular fashion and the company became profitable again. The company has a history of boom-bust cycles, with recent stabilization and a positive outlook for 2025 despite industry challenges. Trading at $13 per share, Turtle Beach appears undervalued, with a strong earnings potential and manageable debt, making it an attractive investment.
- 03/14/2025
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Turtle Beach Corporation (TBCH) Q4 2024 Earnings Call Transcript
- Turtle Beach Corporation (NASDAQ:TBCH ) Q4 2024 Results Conference Call March 13, 2025 5:00 PM ET Company Participants Jacques Cornet - ICR Cris Keirn - Chief Executive Officer Mark Weinswig - Chief Financial Officer Conference Call Participants Sean McGowan - ROTH Capital Partners Jack Vander Aarde - Maxim Group Martin Yang - Oppenheimer Operator Greetings, and welcome to the Turtle Beach Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 03/13/2025
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Turtle Beach (TBCH) Q4 Earnings and Revenues Miss Estimates
- Turtle Beach (TBCH) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $0.47 per share a year ago.
- 03/13/2025
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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-year growth of between 21% and 28% – WHITE PLAINS, N.Y., March 13, 2025 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: TBCH), a leading gaming accessories brand, today reported financial results for the fourth quarter and full year ended December 31, 2024.
- 03/13/2025
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Turtle Beach Corporation to Report Fourth Quarter & Full Year 2024 Financial Results on Thursday, March 13, 2025
- WHITE PLAINS, N.Y., March 06, 2025 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: TBCH) a leading gaming headset and accessories brand, today announced it will report financial results for the fourth quarter and full year 2024 on Thursday, March 13, 2025, after the close of trading on the Nasdaq Stock Market.
- 03/06/2025
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Turtle Beach Corporation Appoints Mark Weinswig Chief Financial Officer
- WHITE PLAINS, N.Y., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: TBCH), a leading gaming accessories provider, today announced the appointment of Mark Weinswig as Chief Financial Officer effective February 3, 2025.
- 01/27/2025
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