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Turtle Beach Reports Strong Second Quarter 2021 Results That Exceeded Its Outlook – Consumer Electronics Net

Turtle Beach Reports Strong Second Quarter 2021 Results That Exceeded Its Outlook – Consumer Electronics Net
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Turtle Beach Corporation to Report Second Quarter 2021 Financial Results on Thursday, August 5, 2021 – Consumer Electronics Net

Turtle Beach Corporation to Report Second Quarter 2021 Financial Results on Thursday, August 5, 2021 – Consumer Electronics Net
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Turtle Beach's Award-Winning Recon Controller for Xbox Now Available for Pre-Order – Consumer Electronics Net

Turtle Beach's Award-Winning Recon Controller for Xbox Now Available for Pre-Order – Consumer Electronics Net
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Top Gaming Brand Turtle Beach Announces Entry Into Game Controllers and Gaming Simulation Hardware at E3 2021 – Consumer Electronics Net

Top Gaming Brand Turtle Beach Announces Entry Into Game Controllers and Gaming Simulation Hardware at E3 2021 – Consumer Electronics Net
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Turtle Beach Reports Strong First Quarter 2021 Results And Raises Full-Year Outlook

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WHITE PLAINS, N.Y., May 5, 2021 /PRNewswire/ Leading gaming accessory maker
Turtle Beach Corporation (Nasdaq: HEAR), reported financial results for the first quarter ended March 31, 2021.
First Quarter Summary vs. Year-Ago Quarter:
Net revenue was $93.1 million, an increase of 166% compared to $35.0 million;
Net income of $8.8 million, or $0.49 per diluted share, compared to net loss of $(3.6) million, or $(0.25) per diluted share;
Adjusted EBITDA was $15.3 million, an increase of $18.0 million compared to $(2.7) million; and
Cash flow from operations was $21.1 million, an increase of 20% compared to $17.5 million.
Management Commentary
We turned in another stellar performance in the first quarter, with sales, gross margin, net income and adjusted EBITDA all reaching record high levels for the first quarter, said Juergen Stark, CEO, Turtle Beach. Consumer demand for console headsets and PC gaming accessories remain ....

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