Turtle Beach (HEAR) Tops Q3 EPS by 1c
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Turtle Beach Corporation Reports Third Quarter 2015 Results
November 9, 2015 4:33 PM ESTSAN DIEGO, Nov. 9, 2015 /PRNewswire/ --Â Turtle Beach Corporation (NASDAQ: HEAR), the leading-edge audio technology company and #1 in gaming audio, reported financial results for the third quarter ended September 30, 2015.
Highlights & Developments:
Net revenue increased 8% to $35.9 million versus the year-ago quarter (up 10% constant currency). Gross margin improved 340 basis points to 26.7% versus the year-ago quarter. Headset adjusted EBITDA increased to $0.3 million from a loss of $2.0 million in the year-ago quarter, with consolidated adjusted EBITDA... More