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Turtle Beach Corp (HEAR.OQ)

HEAR.OQ on NASDAQ Stock Exchange Global Market

1.14USD
17 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Turtle Beach Corp Q2 loss per share $0.86
Monday, 8 Aug 2016 04:06pm EDT 

Turtle Beach Corp : Turtle Beach reports second quarter 2016 results . Q2 loss per share $0.86 . Q2 loss per share $0.23 excluding items . Q2 earnings per share view $-0.24 -- Thomson Reuters I/B/E/S . Sees q3 2016 revenue about $37.5 million . Sees q3 loss per share about $0.16 . Q2 revenue $29.4 million versus I/B/E/S view $24.9 million . Sees fy 2016 revenue $168 million to $178 million . Q3 earnings per share view $-0.15, revenue view $36.4 million -- Thomson Reuters I/B/E/S .Fy2016 revenue view $172.7 million -- Thomson Reuters I/B/E/S.  Full Article

Turtle Beach amends credit agreements to facilitate strong headset demand
Thursday, 23 Jun 2016 08:30am EDT 

Turtle Beach : Turtle Beach amends credit agreements, enhances working capital position to facilitate strong headset demand . Amendments provide a temporary reduction of existing loan availability blocks for period of June 17, 2016 through October 31, 2016 . Temporary reduction enhances co's borrowing base by $3,000,000 through September 30, 2016 and by $1,500,000 from October 1, 2016 through Oct 31, 2016 .Amendments call for co to maintain certain cash flow levels with respect to hypersound during each rolling four-week period beginning June 24 through oct 28.  Full Article

Turtle Beach Q1 loss per share $0.26
Tuesday, 10 May 2016 04:48pm EDT 

Turtle Beach Corp : Fy2016 earnings per share view $-0.46, revenue view $168.1 million -- Thomson Reuters I/B/E/S . Q2 earnings per share view $-0.22, revenue view $22.9 million -- Thomson Reuters I/B/E/S . Turtle beach reports first quarter 2016 results . Sees q2 loss per share about $0.23 . Q1 loss per share $0.26 . Q1 revenue $24 million versus i/b/e/s view $21.8 million . Sees q2 2016 revenue about $25 million . Sees fy 2016 revenue $165 million to $175 million .Q1 earnings per share view $-0.29 -- Thomson Reuters I/B/E/S.  Full Article

Turtle Beach Corp announces common stock offering
Monday, 1 Feb 2016 04:39pm EST 

Turtle Beach Corp:Intention to offer and sell shares of its common stock in an underwritten public offering.Insiders intend to purchase an aggregate of $3.15 million of common stock at the offering price in the Offering and in a separate, concurrent, side-by-side private placement.Turtle Beach will use all net proceeds from the Offering and concurrent private placement to pay down amounts outstanding under its working capital line of credit, which is consistent with Turtle Beach's past practice.  Full Article

Turtle Beach Corp announces hypersound clear distribution partnership with Battery Benelux
Wednesday, 26 Aug 2015 09:00am EDT 

Turtle Beach Corp:Says signed a new strategic partnership with Battery Benelux BV, a Dutch wholesaler for hearing healthcare products, for distribution across Benelux of the Company's breakthrough hearing healthcare device, HyperSound Clear.  Full Article

Turtle Beach Corp gives Q3 2015 earnings guidance below analysts' estimates
Thursday, 6 Aug 2015 04:01pm EDT 

Turtle Beach Corp:Expects Q3 2015 Net loss to be between $(4.5) million and $(7.5) million and adjusted EBITDA is expected to be between a loss of $(1.0) million to $(5.0) million.Q3 2015 net income of $(3.01) million and EBITDA of $(0.16) million - Thomson Reuters I/B/E/S.  Full Article

Turtle Beach Corp partners with AuDConnex
Wednesday, 24 Jun 2015 08:00am EDT 

Turtle Beach Corp:New partnership with AuDConnex, a major hearing healthcare buying group, further strengthening the Company's channel and distribution strategy for HyperSound ClearTM.Planned to launch later this year, HyperSound Clear is Turtle Beach's first-of-its-kind hearing healthcare solution for individuals with hearing loss.AuDConnex supports its wide network of members through technology innovations, ongoing training and education and competitive product pricing.And as part this newly formed partnership, AuDConnex members across the United States and Canada will have opportunity to offer HyperSound Clear to patients once it becomes available.  Full Article

Turtle Beach Corp partners with Amplified Resource Group, LLC for Groundbreaking HyperSound ClearHearing Solutions Product
Tuesday, 23 Jun 2015 08:00am EDT 

Turtle Beach Corp:Says new partnership with Amplified Resource Group, LLC (ARG) as the Company continues making preparations to launch HyperSound Clear later this year.Under this newly formed partnership, ARG will add HyperSound Clear to its portfolio as soon as it becomes available.  Full Article

Turtle Beach Corp announces subordinated note issue - Form 8-K
Monday, 22 Jun 2015 07:06am EDT 

Turtle Beach Corp:Issued subordinated note with an aggregate principal amount of $3.0 mln to SG VTB Holdings, LLC (“SG VTB”).In addition, prior to maturity date of note, which is currently Sept. 17, 2015 but may be extended up to two additional 90 day periods upon written agreement of company and SG VTB.Company may request that SG VTB make, in SG VTB’s sole discretion, additional advances from time to time up to an aggregate principal amount of $15.0 mln.Note bears interest at rate of 10% per annum until maturity date with interest accruing and being added to the principal amount of note quarterly.Following maturity date, note will bear interest at rate of 20% per annum.Note is subordinated to all senior debt of company, including company’s obligations under its asset-based revolving credit facility with Bank of America, N.A. and other parties thereto.  Full Article

Turtle Beach Corp gives Q2 2015 guidance; earnings guidance below analysts' estimates
Thursday, 7 May 2015 04:01pm EDT 

Turtle Beach Corp:Expects Q2 2015 net revenue for headset business to be in the range of $23 million to $25 million.Expects Q2 2015 net loss to be between ($7.5) million and ($9.5) million.Expects Q2 2015 adjusted EBITDA to be between a loss of ($7.0) million to ($9.0) million.Q2 2015 revenue of $25 million, net income of $(5.5) million and EBITDA of $(4.6) million - Thomson Reuters I/B/E/S.  Full Article

More From Around the Web

BRIEF-Turtle Beach reports Q3 adj loss per share $0.10

* Turtle beach reports strong third quarter 2016 results, raises 2016 revenue outlook