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Turtle Beach Corp - HEAR STOCK NEWS

Welcome to our dedicated news page for Turtle Beach (Ticker: HEAR), a resource for investors and traders seeking the latest updates and insights on Turtle Beach.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Turtle Beach's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Turtle Beach's position in the market.

News
PDP Celebrates Fortnite Festival Season 3 With the Launch of the RIFFMASTER Wireless Guitar Controller
Rhea-AI Summary
Turtle Beach (HEAR) and Performance Designed Products (PDP) have launched the RIFFMASTER wireless guitar controller, compatible with Fortnite Festival Pro Lead and Pro Bass song parts in addition to Rock Band™ 4. The controller, priced at $129.99, has received positive response with pre-orders selling out quickly. Initial shipments are currently underway, with more availability expected in June. The RIFFMASTER features a 30-foot low-latency wireless connection, left and right-handed compatibility, up to 36 hours of battery life, on-the-fly volume adjustments, and a collapsible design for easy storage and transport. Overall, the launch celebrates Fortnite Festival Season 3, offering a unique gaming experience for rhythm-action enthusiasts.
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Best-Selling Gaming Accessory Brand Turtle Beach Unveils New Gaming Headsets, Keyboards, & Mice Launching May 2024
Rhea-AI Summary
Turtle Beach, a leading gaming accessories maker, unveils a new lineup of high-quality gaming headsets, keyboards, and mice set to launch in May 2024. The new products include the Stealth 600 and Stealth 500 wireless gaming headsets, the groundbreaking Atlas Air wireless open back PC gaming headset, the Vulcan II TKL Pro keyboard, and the Burst II Air wireless mouse. These products offer innovative features such as high-fidelity audio, lightweight design, and customizable options, catering to both console and PC gamers.
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Turtle Beach Announces Update on Its Return of Capital Strategy to Shareholders
Rhea-AI Summary
Turtle Beach (HEAR) increases share repurchase authorization to $55 million in response to positive market reaction and strong share price performance. The Board of Directors cancels previously announced tender offer due to shares trading above proposed range, opting for increased share repurchase program to return capital to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
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PDP’s RIFFMASTER Shreds Through Pre-Orders
Rhea-AI Summary
PDP's new RIFFMASTER Wireless Guitar Controller, created in collaboration with Turtle Beach , has sold out all available pre-order inventory, demonstrating high demand among gamers worldwide. The controller, priced at $129.99 MSRP, is the first of its kind in nearly a decade and is set to launch in April 2024. PDP plans to restock inventory in June/July to meet ongoing demand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
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PDP’s RIFFMASTER Pre-orders Start Now!
Rhea-AI Summary
Turtle Beach and PDP launch pre-orders for the RIFFMASTER wireless guitar, set to release in April. The RIFFMASTER is designed to cater to rhythm-action gamers and features unique design elements. PDP offers two wireless guitar designs for Xbox Series X|S, Xbox One, PC, PS5, and PS4. The controller includes features like left and right-handed compatibility, long battery life, audio controls, and collapsible design.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
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PDP Launches Grand Prix Peach REMATCH GLOW Wireless Controller for Nintendo Switch
Rhea-AI Summary
Turtle Beach (HEAR) and Performance Designed Products (PDP) launch two new Nintendo-licensed accessories, the Grand Prix Peach REMATCH GLOW Wireless Controller and Grand Prix Peach Travel Case Plus GLOW, featuring a unique glow-in-the-dark design and a 40-hour rechargeable battery. The products are officially licensed by Nintendo and cater to the Princess Peach: Showtime! game release on March 22, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.69%
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Turtle Beach Announces Transformational Acquisition of PDP and Intention to Launch Reverse Dutch Tender Auction
Rhea-AI Summary
Turtle Beach Corporation announces the acquisition of Performance Designed Products, enhancing its product portfolio and profitability. The company plans to repurchase up to $30 million of its common stock and appoints a new CEO. The acquisition is expected to boost revenues and EBITDA, with significant synergies and growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
26.47%
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Turtle Beach Announces Fourth Quarter and Full Year 2023 Earnings Results
Rhea-AI Summary
Turtle Beach Corporation (HEAR) reported its financial results for Q4 and full year 2023, showing a slight decrease in net revenue for the quarter but a significant increase for the full year. The company also improved its net income and Adjusted EBITDA compared to the previous year. Management is optimistic about the future, highlighting share gains and strategic initiatives driving margin improvements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
26.47%
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Turtle Beach Corporation to Report Fourth Quarter and Full Year 2023 Financial Results on Wednesday, March 13, 2024
Rhea-AI Summary
Turtle Beach Corporation (HEAR) will announce its financial results for Q4 and full year 2023 on March 13, 2024. The conference call will be led by the Interim CEO and CFO, with a live webcast available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.4%
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News
Grab the Wheel & Floor It! Turtle Beach’s VelocityOne Race Is Now Available for Sim Racers on Xbox and Windows PC
Rhea-AI Summary
Turtle Beach Corporation (HEAR) launches the Turtle Beach VelocityOne Race, a cutting-edge racing gaming simulation setup for Xbox and Windows PCs. Priced at $649.99, this system offers high-fidelity force feedback, realistic braking performance, and customizable controls for an immersive racing experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
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Stock HEAR logo
Turtle Beach Corp

Nasdaq:HEAR

HEAR Rankings

#3386 Ranked by Market Cap
#1827 Ranked by Stock Gains
N/A Ranked by Dividends

HEAR Stock Data

343.61M
12.37M
32.47%
71.11%
3.49%
Other Communications Equipment Manufacturing
Manufacturing
Link
US
San Diego

About HEAR

turtle beach corporation (http://corp.turtlebeach.com) designs innovative, market-leading audio products. under its award-winning turtle beach brand (www.turtlebeach.com), the company is the clear market share leader with its wide selection of acclaimed gaming headsets for use with xbox one and playstation®4, as well as personal computers and mobile/tablet devices. under the hypersound brand (www.hypersound.com), the company markets pioneering directed audio solutions that have applications in digital signage and kiosks, consumer electronics and hearing healthcare. the company's shares are traded on the nasdaq exchange under the symbol: hear.