secwatch.observer — SEC 8-K summary
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Issuer:     Turtle Beach Corp (TBCH)
CIK:        0001493761
Form:       8-K
Filed at:   2025-03-13T23:59:59+00:00
Accession:  0000950170-25-038794
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Turtle Beach reports record Q4 revenue $146.1M (+47% YoY); initiates FY2025 EBITDA guidance of $68-72M
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- Q4 net revenue record $146.1M (+47% YoY); net income $20.1M ($0.95 diluted EPS) vs $8.6M ($0.47) prior year.
- Full year net revenue record $372.8M (+44% YoY); net income $16.2M vs prior year loss of $17.7M.
- Q4 Adjusted EBITDA record $35.7M (+156% YoY); full year Adjusted EBITDA $56.4M vs $6.5M.
- Initiates FY2025 guidance: revenue $395-405M, Adjusted EBITDA $68-72M (21-28% growth).
- Repurchased 1.8M shares in 2024 for $27.8M ($15.39 avg); $18.8M remaining under program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493761/000095017025038794/0000950170-25-038794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493761/000095017025038794/hear-20250313.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-038794

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