{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-007584","form_type":"8-K","ticker":"TBCH","cik":"0001493761","company_name":"Turtle Beach Corp","filed_at":"2023-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.238325+00:00","generated_at":"2026-06-18T04:22:50.458315+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Turtle Beach reports Q4 loss $1.40/share, FY rev $240.2M; guides ~10% growth in FY2023","bullets":["Q4 net revenue $100.9M, down 7.8% YoY; net loss $23.2M ($1.40 diluted) vs net income $4.5M a year ago.","Full-year 2022 net revenue $240.2M, down from record $366.4M; net loss $59.5M ($3.62 diluted) vs net income $17.7M.","Q4 gross margin 19.8% vs 32.5% a year ago, impacted by promotional pricing, $4.5M inventory charge, and high freight costs.","FY2022 adjusted EBITDA loss $18.7M vs positive $36.6M in 2021; recurring operating expenses down ~13% YoY.","Management expects FY2023 net revenue to increase ~10%; cites recovering gaming market and return to positive EBITDA."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-007584","json":"https://secwatch.observer/filing/0000950170-23-007584.json","markdown":"https://secwatch.observer/filing/0000950170-23-007584.md","text":"https://secwatch.observer/filing/0000950170-23-007584.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1493761/000095017023007584/0000950170-23-007584-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1493761/000095017023007584/hear-20230313.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T04:22:50.458315+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"04fd7bf7ebbd9e424f9de091aa002335412fbccf","claim":"Turtle Beach Corp updated its the fourth quarter and full year ended December 31, 2022 guidance (reaffirmed).","evidence_excerpt":"Item 2.02 - Results of Operations and Financial Condition. On March 13, 2023, Turtle Beach Corporation (the \"Company\") issued a press release announcing its financial results for its year ended December 31, 2022. A copy of that press release and the attached financial schedules are attached as Exhibit 99.1 to this report and incorporated herein by reference.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1493761/000095017023007584/0000950170-23-007584-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2022"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}