{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-060292","form_type":"8-K","ticker":"TBCH","cik":"0001493761","company_name":"Turtle Beach Corp","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.239247+00:00","generated_at":"2026-06-08T14:41:33.090501+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Turtle Beach Q3 revenue up 15% YoY to $59.2M; raises FY2023 adjusted EBITDA guidance to $8-10M","bullets":["Net loss of $3.6M ($0.21 diluted loss) vs $12.0M loss a year ago; adjusted EBITDA improved to $1.0M from -$6.9M.","Gross margin expanded to 29.9%, highest in six quarters, from 14.1% a year ago (14.1% included $5.3M inventory provision).","Operating expenses fell 7% YoY to $20.2M on continued expense management.","Full-year 2023 adjusted EBITDA guidance raised to $8-10M; exit run-rate EBITDA outlook increased to $28-33M.","Revenue growth driven by console headset share gains and flight sim accessories (US flight sim business up >20% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-060292","json":"https://secwatch.observer/filing/0000950170-23-060292.json","markdown":"https://secwatch.observer/filing/0000950170-23-060292.md","text":"https://secwatch.observer/filing/0000950170-23-060292.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1493761/000095017023060292/0000950170-23-060292-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1493761/000095017023060292/hear-20231107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T14:41:33.090501+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":"63c569ee1368ba09a40c677f4fa9a041fb46b160","claim":"Turtle Beach Corp reported third quarter ended September 30, 2023 results: revenue $59.2 million, net income $3.6 million, EPS $0.21 per diluted share. Guidance raised.","evidence_excerpt":"HEAR) (“Turtle Beach” or the “Company”) reported financial results for the third quarter ended September 30, 2023. Third Quarter Summary vs Year-Ago Quarter: • Net revenue was $59.2 million, an increase of 15.3% compared to $51.3 million a year ago; • Net loss was $3.6 million, or $0.21 per diluted share, compared to net loss of $12.0 million, or $0.73 per diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1493761/000095017023060292/0000950170-23-060292-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$59.2 million"},{"label":"Net income","value":"$3.6 million"},{"label":"EPS","value":"$0.21 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"}