Turtle Beach Reports Record Second Quarter 2020 Results And Significantly Raises Full-Year Outlook

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Turtle Beach (HEAR) Tops Q2 EPS by 14c; Guides Higher

August 6, 2020 7:42 AM EDT

Turtle Beach (NASDAQ: HEAR) reported Q2 EPS of $0.51, $0.14 better than the analyst estimate of $0.37. Revenue for the quarter came in at $79.7 million versus the consensus estimate of $75.36 million.

"Our record-setting performance in the second quarter was driven by a combination of strong consumer demand for headsets, superior execution that allowed us to gain market share, and our ability to leverage operating expenses even as we invested in new growth initiatives," said Juergen... More