Turtle Beach Corporation (HEAR) PT Raised to $35 at Oppenheimer

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Go back to Turtle Beach Corporation (HEAR) PT Raised to $35 at Oppenheimer

Turtle Beach Reports Record Second Quarter 2018 Results And Increases 2018 Outlook

August 6, 2018 4:05 PM EDT

SAN DIEGO, Aug. 6, 2018 /PRNewswire/ -- Turtle Beach Corporation (NASDAQ: HEAR), the leading gaming headset and audio accessory brand, reported financial results for the second quarter ended June 30, 2018. 

Second Quarter Highlights vs. Year-Ago Quarter:

Net revenue increased 218% to $60.8 million from $19.1 million; Gross margin increased 30 basis points to 33.3% from 33.0%; Net income up significantly to $6.3 million, or $0.40 per diluted share, compared to a net loss of $7.1 million, or $(0.57) per share; and Adjusted... More