{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-017877","form_type":"8-K","ticker":"TBCH","cik":"0001493761","company_name":"Turtle Beach Corp","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.036443+00:00","generated_at":"2026-06-15T21:39:42.003083+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Turtle Beach Q1 revenue up 10% to $51.4M, narrows adjusted loss; raises FY outlook","bullets":["Net revenue $51.4M (+10% YoY); net loss $6.7M ($0.40 loss per diluted share) vs $6.5M loss a year ago.","Adjusted net loss improved to $4.4M ($0.27 per share) from $6.3M ($0.39) YoY; Adj. EBITDA loss narrowed to $2.3M from $5.7M.","Raises FY2023 outlook: targets 10%-12% revenue growth and return to positive adjusted EBITDA.","Console gaming headset market revenue up 7.7% per Circana; Turtle Beach console brand outperformed.","Gross margin 27.5% vs 30.1% YoY, pressured by promotional spend partially offset by lower freight costs."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-017877","json":"https://secwatch.observer/filing/0000950170-23-017877.json","markdown":"https://secwatch.observer/filing/0000950170-23-017877.md","text":"https://secwatch.observer/filing/0000950170-23-017877.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1493761/000095017023017877/0000950170-23-017877-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1493761/000095017023017877/hear-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T21:39:42.003083+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":"44a95de2c4faabf0574577d376773d7c0c93601e","claim":"Turtle Beach Corp reported first quarter ended March 31, 2023 results: revenue $51.4 million, net income $6.7 million, EPS $0.40 per diluted share. Guidance raised.","evidence_excerpt":"Net revenue was $51.4 million, an increase of 10% compared to $46.7 million a year ago; • Net loss was $6.7 million, or $0.40 per diluted share, compared to net loss of $6.5 million, or $0.40 per diluted share, a year ago;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1493761/000095017023017877/0000950170-23-017877-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$51.4 million"},{"label":"Net income","value":"$6.7 million"},{"label":"EPS","value":"$0.40 per diluted share"},{"label":"Guidance","value":"raised"},{"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"}