Turtle Beach (HEAR) Reports Q1 EPS of 16c
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Turtle Beach Reports Record First Quarter 2018 Results And Significantly Increases 2018 Outlook
May 9, 2018 4:05 PM EDTSAN DIEGO, May 9, 2018 /PRNewswire/ --Â Turtle Beach Corporation (NASDAQ: HEAR), the leading gaming headset and audio accessory brand, reported financial results for the first quarter ended March 31, 2018. Per share information reflects the Company's 1-for-4 reverse split effective April 6, 2018.
First Quarter Highlights vs. Year-Ago Quarter:
Net revenue increased 185% to $40.9 million; Gross margin more than doubled to 36.8% versus 15.4%; Net income up significantly to $2.0 million, or $0.16 per share, compared to a net loss of $9.9... More