secwatch.observer — SEC 8-K summary
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Issuer:     Turtle Beach Corp (TBCH)
CIK:        0001493761
Form:       8-K
Filed at:   2026-08-06T20:15:24+00:00
Accession:  0001193125-26-338051
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Turtle Beach Q2 net revenue $56.4M, net loss $7.3M; reaffirms FY guidance
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- Net revenue $56.4M vs $56.8M prior year; gross margin improved to 38.8% (up 660 bps) on tariff refunds.
- Net loss $7.3M vs $2.9M prior year; adjusted EBITDA $1.3M vs loss $3.0M prior year.
- Repurchased $25.0M of common stock (2.0M shares at avg $12.53); $31M remaining under buyback program.
- Refinanced debt with $80M ABL facility (Bank of America) and $85M term loan (Blue Torch Capital), replacing prior $150M credit agreement.
- Reaffirmed FY2026 guidance: net revenue $335M-$355M, adjusted EBITDA $44M-$48M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493761/000119312526338051/0001193125-26-338051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493761/000119312526338051/tbch-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-338051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer