Profile: Turtle Beach Corp (HEAR.OQ)
9 Dec 2016
Turtle Beach Corporation, incorporated on June 2, 2010, is an audio technology company. The Company is engaged in developing, commercializing and marketing products under the Turtle Beach and HyperSound brands. The Company operates through two segments: Voyetra Turtle Beach (Headset) and HyperSound.
Turtle Beach is a provider of headset solutions for use across multiple platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets and mobile devices. Turtle Beach branded headsets are distributed across North America, South America, Europe, the Middle East, Africa, Australia and Asia. It offers a range of headsets, spanning multiple wired and wireless retail price points and has offerings across all gaming platforms. Premium headsets have padded leather headbands, accent stitching and noise-isolating memory foam ear cups. Other features in certain of its premium headsets include removable microphones, breakaway cables and charge-and-play batteries that allow gamers to continue playing even as they recharge their batteries.
HyperSound technology is an audio solution that provides a means of projecting sound in a directional manner, without use of speaker arrays, to a specific location creating a precise audio zone. HyperSound technology's ability to beam, focus and control sound empowers solutions for hearing healthcare, such as home entertainment listening systems/solutions; commercial applications, such as digital signage and kiosks, and consumer audio. Its HyperSound Clear 500P is a medical device and a directed audio solution for individuals with hearing loss. HyperSound Clear 500P works in parallel with the audio from the television or home theater system, so an individual with hearing loss experiences immersive, three dimensional (3D) audio when sitting in the directional, narrow beam of audio, while the room hears audio from the traditional speakers or home theater system at normal volumes. In addition the Company has a secondary product that utilizes the technology, HyperSound Professional Audio Solutions, which is being purchased for commercial retail environments where a targeted zone of sound is desired.
Turtle Beach Corp
100 Summit Lake Dr Ste 100
VALHALLA NY 10595-1362
Company Web Links
- BRIEF-Turtle Beach reports Q3 adj loss per share $0.10
- BRIEF-Turtle Beach Corp entered into amendment to its loan, guaranty and security agreement, dated March 31, 2014
- BRIEF-Turtle beach restructuring hypersound business to substantially lower operating costs
- BRIEF-Turtle Beach Corp Q2 loss per share $0.86
- BRIEF-Turtle Beach amends credit agreements to facilitate strong headset demand