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Turtle Beach Corp (HEAR.OQ)

HEAR.OQ on NASDAQ Stock Exchange Global Market

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28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Turtle Beach sees 2017 worldwide sales of more than 24 mln new-gen consoles
Tuesday, 14 Mar 2017 02:15pm EDT 

Turtle Beach Corp :Sees worldwide sales of more than 24 million new-gen consoles in 2017; new-gen cumulative console sales projected to exceed 164 million worldwide in 2020.  Full Article

Turtle Beach Q4 earnings per share $0.25
Wednesday, 8 Mar 2017 04:05pm EST 

Turtle Beach Corp : Turtle beach reports fourth quarter and full year 2016 results in-line with revenue outlook, exceeding EPS and adjusted EBITDA . Q4 earnings per share $0.25 . Sees Q1 2017 revenue $12 million to $13 million . Sees FY 2017 revenue $155 million to $160 million . Q4 revenue $82.2 million versus I/B/E/S view $83.5 million . Q4 earnings per share view $0.17 -- Thomson Reuters I/B/E/S . Turtle Beach Corp sees net loss for q1 is expected to range between loss of $0.24 - loss of $0.26 per diluted share . Sees net loss in 2017 is expected to range between $0.08-$0.12 per diluted share . Q4 earnings per share view $0.17, revenue view $83.5 million -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view $-0.41, revenue view $175.3 million -- Thomson Reuters I/B/E/S . Q1 earnings per share view $-0.17, revenue view $20.5 million -- Thomson Reuters I/B/E/S .Turtle Beach Corp qtrly non-GAAP - diluted earnings per share $0.25.  Full Article

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

More From Around the Web

BRIEF-Turtle Beach sees 2017 worldwide sales of more than 24 mln new-gen consoles

* Sees worldwide sales of more than 24 million new-gen consoles in 2017; new-gen cumulative console sales projected to exceed 164 million worldwide in 2020 Source text: (http://bit.ly/2n6B90Y) Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)