Turtle Beach Announces First Quarter 2024 Earnings Results
Turtle Beach Corporation (HEAR)
Last turtle beach corporation earnings: 3/10 04:05 pm
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US:NASDAQ Investor Relations:
corp.turtlebeach.com/investor-relations
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Source: Business Wire
Strong Product Demand Increases Net Revenue 8.6% Year-over-YearDiligent Cost Management Initiatives Significantly Improve Adjusted EBITDA ProfitabilityFavorable Gaming Trends and Upcoming New Product Launches Position Turtle Beach for Continued Success WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Turtle Beach Corporation (Nasdaq: HEAR) (“Turtle Beach” or the “Company”), a leading gaming accessories brand, today reported financial results for the first quarter ended March 31, 2024.First Quarter Summary vs. Year-Ago Quarter:Net revenue was $55.8 million, an increase of 8.6% compared to $51.4 million a year ago;Net income was $0.2 million, or $0.01 per diluted share, compared to net loss of $6.7 million, or $0.40 per diluted share, a year ago;Adjusted EBITDA improved to $1.4 million compared to an Adjusted EBITDA loss of $2.8 million a year ago.Management Commentary“Our first quarter results were in-line with our expectations and track well to our full year 2024 plan,” said Cris Keirn, Chief
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HEAR
Earnings
- 5/7/24 - Beat
HEAR
Sec Filings
- 5/16/24 - Form 4
- 5/15/24 - Form 4
- 5/13/24 - Form 4
- HEAR's page on the SEC website