Turtle Beach Stock Price, News & Analysis

Turtle Beach Corporation (TBCH) has adopted a limited duration stockholder rights plan effective until June 9, 2026, with a dividend distribution of one right per outstanding share of common stock (record date: June 23, 2025). The Rights Plan activates if an entity acquires 10% or more of company stock without Board approval, allowing other stockholders to purchase additional shares at a discount. Current stockholders owning 10%+ are grandfathered in unless they acquire more shares. The plan includes a qualifying offer clause allowing stockholders to call special meetings for exempting qualifying offers. This defensive measure aims to protect stockholder value and provide the Board time for informed decisions, though it's not in response to any specific takeover attempt.

Turtle Beach Corporation (NASDAQ: TBCH), a leading gaming accessories provider, announced its participation in the Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference from June 9-11, 2025. CEO Cris Keirn and CFO Mark Weinswig will represent the company, with Keirn hosting a fireside chat on June 10 at 11:15 a.m. ET. The event will be webcast live through TBCH's website with a 90-day replay available. Turtle Beach, known for its gaming headsets, controllers, and PC peripherals, recently acquired Performance Designed Products LLC in 2024. The company has maintained market leadership in console gaming audio for over a decade, focusing on innovation and customer support.

Turtle Beach Corporation (NASDAQ: TBCH), a leading gaming accessories provider, announced that CEO Cris Keirn and CFO Mark Weinswig will participate in a fireside chat at the Maxim Group 2025 Virtual Tech Conference on June 4, 2025, at 2:00 p.m. ET. The event will be webcast live through the company's website and available for replay for two weeks. Turtle Beach is known for its gaming headsets, controllers, PC peripherals, and simulation accessories, with a market-leading position in console gaming audio. The company recently acquired Performance Designed Products LLC in 2024, expanding its gaming accessories portfolio.

Turtle Beach Corporation (NASDAQ: TBCH) reported strong Q1 2025 financial results, with revenue growing 14% to $63.9 million and gross margin improving to 36.6%. The company posted a net loss of $(0.7) million, compared to a net income of $0.2 million in the prior year. Adjusted EBITDA increased to $4.1 million from $1.4 million, while generating record cash flow from operations of $40.5 million. Notably, the company announced a new $75 million stock repurchase program through May 2027. In response to tariff concerns, Turtle Beach has strategically shifted production from China to Vietnam, with less than 10% of U.S. supply now coming from China. The company revised its 2025 outlook, projecting revenue between $340-360 million and Adjusted EBITDA of $47-53 million, considering ongoing macroeconomic uncertainties.

Turtle Beach Corporation (Nasdaq: TBCH), a leading gaming headset and accessories brand, has scheduled its first quarter 2025 financial results announcement for Thursday, May 8, 2025, after the Nasdaq Stock Market closes.

Key details of the announcement:

• Conference Call Time: 5:00 p.m. ET / 2:00 p.m. PT on May 8, 2025
• Key Speakers: Cris Keirn (CEO) and Mark Weinswig (CFO)
• Participant Access: Available via webcast on the company's "Events & Presentations" page at corp.turtlebeach.com
• Dial-in Numbers: 1-877-407-0792 (US) or 1-201-689-8263 (International)
• Replay Access: Available until May 22, 2025 via phone (1-844-512-2921 or 1-412-317-6671, passcode: 13752645) and website

Participants are advised to join the conference call 15 minutes before the scheduled start time to avoid delays.

Turtle Beach (TBCH) reported record-breaking Q4 2024 results with net revenue reaching $146.1 million, up 47% year-over-year. The company achieved Q4 net income of $20.1 million ($0.95 per diluted share) compared to $8.6 million in the prior year, while Adjusted EBITDA hit a record $35.7 million, up 156%.

For full-year 2024, TBCH posted its highest-ever revenue of $372.8 million, a 44% increase, with net income of $16.2 million versus a loss in 2023. The company's PDP integration delivered over $13 million in annual synergies. Gross margin expanded by 500 basis points to 37.0% in Q4.

The company repurchased 1.8 million shares for $27.8 million in 2024 and has $18.8 million remaining in its buyback program. For 2025, TBCH projects revenue between $395-405 million and Adjusted EBITDA of $68-72 million, representing 21-28% growth, despite gaming accessories market headwinds expected in H1 2025.

Turtle Beach (TBCH) has scheduled its fourth quarter and full year 2024 financial results announcement for Thursday, March 13, 2025, after the Nasdaq market close. The gaming headset and accessories company will host a conference call and webcast at 5:00 p.m. ET / 2:00 p.m. PT on the same day.

CEO Cris Keirn and CFO Mark Weinswig will lead the conference call. Participants can join via webcast through the company's website or by dialing 1-877-407-0792 (US) or 1-201-689-8263. To avoid delays, participants are advised to dial in 15 minutes before the scheduled start time.

A replay will be available until March 27, 2025, accessible by phone at 1-844-512-2921 or 1-412-317-6671 with passcode 13751064, or through the investor relations website.

Turtle Beach (TBCH) has appointed Mark Weinswig as Chief Financial Officer, effective February 3, 2025. Weinswig brings over 25 years of financial leadership experience, most recently serving as CFO at Ouster following its merger with Velodyne Lidar, where he achieved significant cost savings through integration strategies.

Weinswig, who holds an MBA from Santa Clara University and a BS in Accounting from Indiana University, has previously held CFO positions at Avinger, EMCORE, and Avanex. He succeeds John Hanson, who will transition to a senior advisor role for six months before retirement.

CEO Cris Keirn expressed confidence in Weinswig's ability to drive financial performance and execute strategic initiatives to enhance shareholder value. The new CFO has held both CPA and CFA designations, bringing comprehensive financial expertise to the gaming accessories provider.

Turtle Beach (Nasdaq: TBCH) has announced its participation in the upcoming 2025 ICR Conference, scheduled for January 13-15, 2025, at the Grande Lakes Resort in Orlando, FL. CEO Cris Keirn and CFO John Hanson will represent the gaming accessory company at the event.

The management team will conduct a fireside chat on Monday, January 13 at 3:30 PM ET and will be available for meetings throughout the conference. Investors and interested parties can access a live audio webcast of the presentation through the 'Events & Presentations' section on the company's website. The webcast recording will remain available for 90 days on TBCH's website.