Turtle Beach (HEAR) Tops Q1 EPS by 4c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. INTC
2. AMZN
3. COIN
4. PINS
5. RDDT
6. FSLR
7. SYK
8. DASH
9. SBUX
10. MA

Go back to Turtle Beach (HEAR) Tops Q1 EPS by 4c

Turtle Beach Reports First Quarter 2017 Results Exceeding Revenue, EPS And Adjusted EBITDA Outlook

May 9, 2017 4:05 PM EDT

SAN DIEGO, May 9, 2017 /PRNewswire/ -- Turtle Beach Corporation (NASDAQ:  HEAR), a leading gaming headset and audio accessory company, reported financial results for the first quarter ended March 31, 2017.

First Quarter Summary vs. Year-Ago Quarter:

Net revenue of $14.4 million versus $24.0 million, reflecting the expected impact from higher holiday channel inventory. Gross margin improved 140 basis points to 15.4% compared to 14.0%, with headset gross margin of 19.5% versus 19.9%. Operating expenses... More