Turtle Beach (HEAR) Tops Q3 EPS by 1c

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B. Riley Remains Optimistic on Headset Demands for Turtle Beach (HEAR); Reiterates Buy

November 11, 2015 8:03 AM EST

B. Riley maintained a Buy rating on Turtle Beach Corporation (NASDAQ: HEAR), and cut the price target to $4.75 (from $5.50), following the company's 3Q earnings. Revenues of $35.9MM exceeded consensus of $34.2MM, as well as the guidance of $30-35MM. B. Riley remains optimistic on... More