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Stock impact report

Turtle Beach Reports Strong Selected Preliminary Third Quarter 2018 Results

Turtle Beach Corporation (HEAR) 
Last turtle beach corporation earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: corp.turtlebeach.com/investor-relations
Company Research Source: PR Newswire
SAN DIEGO, Oct. 11, 2018 /PRNewswire/ -- Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming headset and audio accessory company, is providing selected preliminary results for the third quarter ended September 30, 2018. Based on preliminary unaudited information, Turtle Beach expects to report third quarter 2018 net revenue ranging between $73 and $74 million (prior guidance of approximately $65 million), up 103%-106% compared to $36.0 million in the third quarter of 2017. Net income in the third quarter of 2018 is expected to range between $0.74 and $0.78 per share (prior guidance of approximately $0.44 per share), an improvement over the $(0.04) per share reported in the third quarter of 2017. This assumes 16.2 million weighted average shares outstanding during the third quarter. Actual EPS could be higher by as much as $0.10 depending upon final determination of certain tax treatments for the quarter. The Company expects adjusted EBITDA in the third quarter of 2018 to be appr Show less Read more
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