Turtle Beach: Q4 Earnings Insights

Turtle Beach HEAR reported its Q4 earnings results on Wednesday, March 13, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Turtle Beach missed estimated earnings by -22.0%, reporting an EPS of $0.47 versus an estimate of $0.6.

Revenue was down $1.36 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 13.0% increase in the share price the next day.

Here's a look at Turtle Beach's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.25 -0.33 -0.40 0.21
EPS Actual -0.21 -0.41 -0.27 0.10
Revenue Estimate 53.57M 51.33M 46.05M 110.43M
Revenue Actual 59.16M 47.98M 51.44M 100.90M

To track all earnings releases for Turtle Beach visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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