{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-054548","form_type":"8-K","ticker":"TBCH","cik":"0001493761","company_name":"Turtle Beach Corp","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.649828+00:00","generated_at":"2026-06-02T17:43:36.559896+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Turtle Beach Q1 2024: Revenue $55.8M (+8.6% YoY), net income $0.01 EPS vs loss $0.40; Adj EBITDA positive $1.4M","bullets":["Net revenue $55.8M, +8.6% YoY; gross margin expanded 430 bps due to lower freight, promo spend, returns.","Net income $0.2M ($0.01 diluted EPS) vs net loss $6.7M ($0.40 loss) a year ago.","Adjusted EBITDA improved to $1.4M from -$2.8M loss in prior year.","Operating expenses $23.5M including $5.0M acquisition-related costs; cash-based recurring opex down ~6% YoY.","CEO cites solid product demand, PDP integration, cost management driving profitability."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-054548","json":"https://secwatch.observer/filing/0000950170-24-054548.json","markdown":"https://secwatch.observer/filing/0000950170-24-054548.md","text":"https://secwatch.observer/filing/0000950170-24-054548.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1493761/000095017024054548/0000950170-24-054548-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1493761/000095017024054548/hear-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T17:43:36.559896+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":"ab9960e3d028aec76333cef7095e334ab8d4538e","claim":"Turtle Beach Corp reported first quarter ended March 31, 2024 results: revenue $55.8 million, net income $0.2 million, or $0.01 per diluted share, EPS $0.01 per diluted share.","evidence_excerpt":"a leading gaming accessories brand, today reported financial results for the first quarter ended March 31, 2024. First Quarter Summary vs Year-Ago Quarter: • Net revenue was $55.8 million, an increase of 8.6% compared to $51.4 million a year ago; • Net income was $0.2 million, or $0.01 per diluted share, compared to net loss of $6.7 million, or $0.40 per diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1493761/000095017024054548/0000950170-24-054548-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$55.8 million"},{"label":"Net income","value":"$0.2 million, or $0.01 per diluted share"},{"label":"EPS","value":"$0.01 per diluted share"},{"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"}