secwatch.observer — SEC 8-K summary
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Issuer:     Turtle Beach Corp (TBCH)
CIK:        0001493761
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0000894579-24-000238
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Turtle Beach Q2 revenue $76.5M (+59% YoY); raises FY 2024 Adj. EBITDA guidance to $53-56M
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- Net revenue $76.5M, up 59% YoY; organic growth 15% excluding PDP acquisition.
- Net loss $(7.5)M ($(0.35)/share) improved from $(15.9)M ($(0.93)) in Q2 2023.
- Adjusted EBITDA $3.0M vs. $(5.7)M loss in prior year; raised FY outlook to $53-56M.
- Repurchased $15.2M (~952K shares) in Q2; $31.4M remains under buyback program.
- Amended credit agreements to enable Rule 10b5-1 share repurchase plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493761/000089457924000238/0000894579-24-000238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493761/000089457924000238/turtlebeach8k08082024.htm
  HTML page:      https://secwatch.observer/filing/0000894579-24-000238

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