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Stock impact report

Turtle Beach Corporation Announces Third Quarter 2024 Results and Raises Full Year Outlook

Turtle Beach Corporation (HEAR) 
Last turtle beach corporation earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: corp.turtlebeach.com/investor-relations
Company Research Source: GlobeNewswire
– Third Quarter Net Revenue of $94.4 million, up 60% Year-over-Year –– Net Income was $3.4 million compared to a Net Loss of ($3.6) in prior year –– Adjusted EBITDA was $16.3 million compared to $1.0 in prior year –– Raising Full Year 2024 EBITDA Guidance Again on Continued Execution Strength –– Repurchased $10.1 Million of Common Shares in the Third Quarter – WHITE PLAINS, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming accessories brand, today reported financial results for the third quarter ended September 30, 2024. Third Quarter Highlights Net revenue was $94.4 million, an increase of 60% compared to the prior year period.Net income was $3.4 million or $0.16 per diluted share compared to a net loss of $(3.6) million or $(0.21) net loss per diluted share in the prior year period.Adjusted EBITDA was $16.3 million, an improvement of $15.2 million compared to an Adjusted EBITDA of $1.0 million in the prior year period. “W Show less Read more
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