earnings
confidence high
sentiment positive
materiality 0.70
Turtle Beach Q1 revenue up 14% to $63.9M; authorizes $75M buyback; outlook revised
Turtle Beach Corp
2025-Q1 EPS reported
-$0.03
revenue$63,901,000
- Net revenue $63.9M, +14% YoY; gross margin 36.6% (+470 bps YoY).
- Net loss $(0.7)M ($(0.03)/diluted) vs net income $0.2M prior year.
- Adjusted EBITDA $4.1M, up from $1.4M; operating cash flow $40.5M.
- Authorized new $75M stock repurchase program through May 2027.
- FY2025 outlook: net revenue $340-360M, Adjusted EBITDA $47-53M; shifting production from China.