Turtle Beach Reports Record Third Quarter 2020 Results And Raises Full-Year Outlook
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Turtle Beach (HEAR) Tops Q3 EPS by 85c, Revenues Rise 141%; Raises Outlook
November 5, 2020 4:11 PM ESTTurtle Beach (NASDAQ: HEAR) reported Q3 EPS of $1.04, $0.85 better than the analyst estimate of $0.19. Revenue for the quarter rose 141% to $112.5 million versus the consensus estimate of $84.3 million.
"Our blistering sales momentum continued in the third quarter, as a combination of strong consumer demand for headsets, further market share gains driven by our leading products and brand, superior execution, and our ability to leverage operating expenses drove results that were by far the best third quarter results we have ever achieved,\" said Juergen Stark,... More
