See more : Alfa, S. A. B. de C. V. (ALFFF) Income Statement Analysis – Financial Results
Complete financial analysis of Turtle Beach Corporation (HEAR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Turtle Beach Corporation, a leading company in the Consumer Electronics industry within the Technology sector.
You may be interested
- Energy Finders, Inc. (EGYF) Income Statement Analysis – Financial Results
- Organo Corporation (6368.T) Income Statement Analysis – Financial Results
- Gores Technology Partners II, Inc. (GTPB) Income Statement Analysis – Financial Results
- NZME Limited (NZM.NZ) Income Statement Analysis – Financial Results
- Shreyas Intermediates Limited (SHREYASI.BO) Income Statement Analysis – Financial Results
Turtle Beach Corporation (HEAR)
About Turtle Beach Corporation
Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, personal computers, handheld consoles, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, mousepads, and other accessories for the personal computer peripherals market under the brand of ROCCAT, as well as digital USB and analog microphones under the Neat Microphones brand. It serves retailers, distributors, and other customers in North America, the United Kingdom, Europe, and internationally. The company was founded in 1975 and is headquartered in White Plains, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 258.12M | 240.17M | 366.35M | 360.09M | 234.66M | 287.44M | 149.14M | 173.98M | 162.75M | 186.18M | 562.90K | 233.65K | 79.17K | 607.04K | 607.11K | 743.34K |
| Cost of Revenue | 182.62M | 190.98M | 237.97M | 226.31M | 155.95M | 178.74M | 98.13M | 131.37M | 122.06M | 135.51M | 292.33K | 120.14K | 35.52K | 505.58K | 638.76K | 811.85K |
| Gross Profit | 75.50M | 49.19M | 128.38M | 133.79M | 78.71M | 108.70M | 51.00M | 42.61M | 40.69M | 50.67M | 270.57K | 113.51K | 43.64K | 101.46K | -31.66K | -68.50K |
| Gross Profit Ratio | 29.25% | 20.48% | 35.04% | 37.15% | 33.54% | 37.82% | 34.20% | 24.49% | 25.00% | 27.21% | 48.07% | 48.58% | 55.13% | 16.71% | -5.21% | -9.22% |
| Research & Development | 17.14M | 19.12M | 17.49M | 12.27M | 7.86M | 5.61M | 5.59M | 8.26M | 11.56M | 9.40M | 2.06M | 1.34M | 619.38K | 229.40K | 114.80K | 740.58K |
| General & Administrative | 31.32M | 32.56M | 31.58M | 25.58M | 21.80M | 16.66M | 15.70M | 19.58M | 21.48M | 17.16M | 4.60M | 3.25M | 572.33K | 446.86K | 0.00 | 0.00 |
| Selling & Marketing | 43.49M | 47.09M | 58.88M | 46.78M | 38.63M | 32.39M | 24.39M | 28.57M | 31.83M | 33.44M | 31.65M | 22.84M | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 74.81M | 79.65M | 90.46M | 72.36M | 60.43M | 49.05M | 40.09M | 48.15M | 53.31M | 50.60M | 4.60M | 3.25M | 572.33K | 446.86K | 839.97K | 1.34M |
| Other Expenses | 0.00 | -1.75M | 101.00K | 3.76M | 2.21M | -7.78M | 463.00K | -2.42M | -1.02M | -724.00K | -5.97K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 91.95M | 98.77M | 107.95M | 84.62M | 68.29M | 54.66M | 45.67M | 56.41M | 64.87M | 63.75M | 7.94M | 4.59M | 1.19M | 676.26K | 954.77K | 2.08M |
| Cost & Expenses | 274.57M | 289.75M | 345.92M | 310.93M | 224.24M | 233.40M | 143.80M | 187.78M | 186.93M | 199.25M | 8.23M | 4.71M | 1.23M | 1.18M | 1.59M | 2.89M |
| Interest Income | 0.00 | 1.22M | 383.00K | 467.00K | 929.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.51K | 15.03K | 2.90K | 0.00 | 0.00 | 0.00 |
| Interest Expense | 504.00K | 1.22M | 383.00K | 467.00K | 929.00K | 5.34M | 7.92M | 7.45M | 5.10M | 7.21M | 4.56K | 2.96K | 308.50K | 348.40K | 0.00 | 0.00 |
| Depreciation & Amortization | 4.84M | 5.82M | 5.31M | 5.25M | 5.20M | 4.26M | 4.42M | 9.19M | 7.92M | 6.87M | 256.67K | 180.90K | 62.96K | 71.99K | 69.62K | 113.22K |
| EBITDA | -12.00M | -47.42M | 25.85M | 58.17M | 17.83M | 50.52M | 9.68M | -70.93M | -67.50M | -9.88M | -7.41M | -4.28M | -1.18M | -502.80K | -870.49K | -2.04M |
| EBITDA Ratio | -4.65% | -21.38% | 5.60% | 14.70% | 5.38% | 16.09% | 3.89% | -9.32% | -15.48% | -7.41% | -1,316.25% | -1,836.25% | -1,335.41% | -25.44% | -151.01% | -273.97% |
| Operating Income | -16.44M | -49.58M | 15.22M | 49.17M | 7.44M | 54.04M | 4.80M | -77.70M | -74.40M | -13.83M | -7.67M | -4.47M | -1.18M | -921.70K | -986.43K | -2.15M |
| Operating Income Ratio | -6.37% | -20.65% | 4.15% | 13.65% | 3.17% | 18.80% | 3.22% | -44.66% | -45.71% | -7.43% | -1,362.30% | -1,914.94% | -1,486.32% | -151.84% | -162.48% | -289.20% |
| Total Other Income/Expenses | -898.00K | -2.97M | -360.00K | 3.29M | -2.24M | -13.11M | -7.45M | -9.87M | -6.12M | -7.93M | -2.02K | 12.06K | -307.78K | -1.50K | 0.00 | 0.00 |
| Income Before Tax | -17.34M | -54.45M | 20.15M | 52.46M | 11.71M | 40.93M | -2.66M | -87.57M | -80.51M | -21.76M | -7.67M | -4.48M | -1.18M | -923.20K | 0.00 | 0.00 |
| Income Before Tax Ratio | -6.72% | -22.67% | 5.50% | 14.57% | 4.99% | 14.24% | -1.78% | -50.33% | -49.47% | -11.69% | -1,362.66% | -1,916.21% | -1,485.42% | -152.08% | 0.00% | 0.00% |
| Income Tax Expense | 338.00K | 5.09M | 2.43M | 13.71M | -6.24M | 1.74M | 593.00K | -387.00K | 2.39M | -6.27M | 2.02K | -9.10K | 55.80K | 696.80K | 0.00 | 0.00 |
| Net Income | -17.68M | -59.55M | 17.72M | 38.75M | 17.94M | 39.19M | -3.25M | -87.18M | -82.91M | -15.49M | -7.67M | -4.46M | -1.48M | -923.20K | -986.43K | -2.15M |
| Net Income Ratio | -6.85% | -24.79% | 4.84% | 10.76% | 7.65% | 13.63% | -2.18% | -50.11% | -50.94% | -8.32% | -1,362.66% | -1,909.78% | -1,875.10% | -152.08% | -162.48% | -289.20% |
| EPS | -1.03 | -3.62 | 1.11 | 2.62 | 1.24 | 2.74 | -0.26 | -7.18 | -7.85 | -1.56 | -1.16 | -0.85 | -1.75 | -1.21 | -1.29 | -2.81 |
| EPS Diluted | -1.03 | -3.62 | 0.97 | 2.37 | 1.04 | 2.74 | -0.26 | -7.18 | -7.85 | -1.56 | -1.16 | -0.85 | -1.75 | -1.21 | -1.29 | -2.81 |
| Weighted Avg Shares Out | 17.14M | 16.45M | 15.92M | 14.80M | 14.48M | 14.29M | 12.34M | 12.14M | 10.57M | 9.92M | 6.59M | 5.26M | 848.49K | 765.30K | 765.30K | 765.30K |
| Weighted Avg Shares Out (Dil) | 17.14M | 16.45M | 18.25M | 16.36M | 15.69M | 14.29M | 12.34M | 12.15M | 10.57M | 9.92M | 6.59M | 5.26M | 848.49K | 765.30K | 765.30K | 765.30K |
Turtle Beach Corporation (HEAR) Q3 2024 Earnings Call Transcript
Turtle Beach Corporation (NASDAQ:HEAR ) Q3 2024 Earnings Call November 7, 2024 5:00 PM ET Company Participants Chuck Corney - Investor Relations Cris Keirn - Chief Executive Officer John Hanson - Chief Financial Officer Conference Call Participants Sean McGowan -...
Turtle Beach (HEAR) Lags Q3 Earnings Estimates
Turtle Beach (HEAR) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to loss of $0.21 per share a year ago.
Turtle Beach Corporation Announces Third Quarter 2024 Results and Raises Full Year Outlook
– Third Quarter Net Revenue of $94.4 million, up 60% Year-over-Year – – Net Income was $3.4 million compared to a Net Loss of ($3.6) in prior year – – Adjusted EBITDA was $16.3 million compared to $1.0 in prior...
Turtle Beach: Overlooked, Repositioned Company With Growth Tailwinds
Turtle Beach's financial history has been turbulent, but the PDP acquisition has repositioned the company into clearly higher margins and better scale at a cheap acquisition multiple. The gaming accessories industry has clear long- and short-term tailwinds, aiding Turtle Beach...
Turtle Beach (HEAR) Moves 8.8% Higher: Will This Strength Last?
Turtle Beach (HEAR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Turtle Beach Drives Growth in Key International Markets, Including Canada & Key Territories in Latin America
Canadian Gamers Can Now Find the Latest Turtle Beach Gaming Accessories at Best Buy Canada Turtle Beach Launches a Variety of New Gaming Accessories in Mexico & Colombia & Expands into Chile WHITE PLAINS, N.Y., Oct. 14, 2024 (GLOBE NEWSWIRE)...
Tech Turnaround: 7 Stock Innovators Poised to Rise Higher
There's no denying that the recent selloff — especially in the technology space — rattled investor nerves. At one point, it seemed as if the innovation sector could do absolutely no wrong.
Turtle Beach (HEAR) Reports Q2 Loss, Tops Revenue Estimates
Turtle Beach (HEAR) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.41 per share a year ago.
Turtle Beach Corporation Announces Planned Retirement of CFO John Hanson
WHITE PLAINS, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming headset and accessories brand, today announced that Chief Financial Officer and Treasurer John Hanson, has informed the Company of his intent to retire...
Turtle Beach Corporation Announces Second Quarter 2024 Results and Raises Full Year Outlook
– Second Quarter Net Revenue of $76.5 million, up 59% Year-over-Year – – Raising Full Year 2024 Guidance on Continued Execution Strength – – Repurchased $15 Million of Common Shares in the Second Quarter – – Highlight Intention to Continue Share Repurchases at Attractive Price Levels –
Source: https://incomestatements.info
Category: Stock Reports