---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-039092"
form_type: "8-K"
ticker: "TBCH"
cik: "0001493761"
company_name: "Turtle Beach Corp"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T04:07:16.588870+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Turtle Beach Q2 revenue up 16% to $48.0M, net loss narrows to $15.9M; maintains full-year guidance

## Summary
- Net revenue $48.0M (+16% YoY); gross margin improved to 24.7% from 19.1%.
- Net loss $15.9M ($0.93 diluted EPS) vs $17.8M loss prior year; adjusted net loss $7.0M ($0.41).
- Adjusted EBITDA loss improved to $5.6M from $12.1M in prior year.
- Maintains FY2023 revenue and adjusted EBITDA guidance; targets $25-$30M adjusted EBITDA run-rate by year-end.
- Value Enhancement Committee continues evaluating strategic alternatives; Stealth Pro headset captured 15%+ premium tier share.

## SEC filing metadata
- accession: 0000950170-23-039092
- form_type: 8-K
- ticker: TBCH
- cik: 0001493761
- company_name: Turtle Beach Corp
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1493761/000095017023039092/0000950170-23-039092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1493761/000095017023039092/hear-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-039092
- JSON: https://secwatch.observer/filing/0000950170-23-039092.json
- Plain text: https://secwatch.observer/filing/0000950170-23-039092.txt

## Key facts
- Earnings Releases
  Turtle Beach Corp reported the second quarter ended June 30, 2023 results: revenue $48.0 million, net income $15.9 million, EPS ($0.93) per diluted share. Guidance raised.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $48.0 million
  - Net income: $15.9 million
  - EPS: ($0.93) per diluted share
  - Guidance: raised
  - Result: reported results
  source text: HEAR) (“Turtle Beach” or the “Company”) reported financial results for the second quarter ended June 30, 2023. Second Quarter Summary vs Year-Ago Quarter: • Net revenue was $48.0 million, an increase of 16% compared to $41.3 million a year ago; • Net loss was $15.9 million, or $0.93 per diluted share, compared to net loss of $17.8 million, or $1.08 per diluted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493761/000095017023039092/0000950170-23-039092-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.