{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-211979","form_type":"8-K","ticker":"TBCH","cik":"0001493761","company_name":"Turtle Beach Corp","filed_at":"2026-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.362488+00:00","generated_at":"2026-05-14T21:36:35.226243+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Turtle Beach Q1 net loss $15.2M, generates $29.4M cash from ops; reaffirms FY guidance","bullets":["Q1 net revenue $42.2M, gross margin 26.8%, net loss ($15.2M), adjusted EBITDA ($6.5M).","Operating cash flow $29.4M; net debt $41.3M after paying off $53.6M revolver to zero.","Reaffirmed FY2026 guidance: net revenue $335-355M (5-11% YoY growth), adjusted EBITDA $44-48M.","Refinanced debt on May 4: new $80M ABL (BofA) and $85M term loan (Blue Torch), replacing prior $150M facility.","Share repurchase program has $56M remaining under $75M authorization; $50M repurchased since 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-211979","json":"https://secwatch.observer/filing/0001193125-26-211979.json","markdown":"https://secwatch.observer/filing/0001193125-26-211979.md","text":"https://secwatch.observer/filing/0001193125-26-211979.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1493761/000119312526211979/0001193125-26-211979-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1493761/000119312526211979/tbch-20260507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T21:36:35.226243+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":"f88e7495fedbf93345a6a6ec6375e1a2469fc76a","claim":"Turtle Beach Corp reported first quarter ended March 31, 2026 results: revenue $42.2 million, net income Net Loss of ($15.2) million. Guidance reaffirmed.","evidence_excerpt":"results for the first quarter ended March 31, 2026 and reaffirmed full year 2026 guidance for net revenue and adjusted EBITDA. First Quarter Highlights • Net Revenue of $42.2 million. • Gross Margins of 26.8%. • Net Loss of ($15.2) million. • Adjusted EBITDA of ($6.5) million. • Generated cash flow from operations of $29.4 million. • Enhanced financial","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1493761/000119312526211979/0001193125-26-211979-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$42.2 million"},{"label":"Net income","value":"Net Loss of ($15.2) million"},{"label":"Guidance","value":"reaffirmed"},{"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"}