Welcome to our dedicated page for Turtle Beach news (Ticker: TBCH), a resource for investors and traders seeking the latest updates and insights on Turtle Beach stock.
Turtle Beach Corporation (NASDAQ: TBCH) is a gaming accessories company in the consumer electronics and technology sector. The company describes itself as one of the world’s gaming accessory providers, with its Turtle Beach and Victrix brands focused on gaming headsets, game controllers, PC gaming peripherals, and gaming simulation accessories. This news page aggregates public updates and announcements related to Turtle Beach’s business and stock.
Company news frequently covers quarterly financial results, where Turtle Beach reports net revenue, gross margin, net income or loss, and non-GAAP measures such as Adjusted EBITDA. These earnings releases often include commentary from management on operational execution, cost optimization initiatives, and the company’s financial outlook, along with information about associated conference calls and webcasts.
Investors can also find capital structure and financing updates in Turtle Beach news. Recent announcements describe the refinancing of its debt facilities through a senior secured credit agreement, changes in its cost of capital, and the use of a revolving credit facility and term loan. Additional releases highlight share repurchase activity under a stock repurchase authorization, including private stock purchase agreements with existing shareholders and transactions involving entities affiliated with board members.
Governance and corporate actions appear in the news flow as well. Turtle Beach has announced the adoption of a limited duration stockholder rights plan, participation in investor conferences, and board-level changes such as director resignations. Together, these items provide context on how the company manages shareholder rights, engages with the investment community, and oversees its corporate structure.
For followers of TBCH, this news feed offers a centralized view of the company’s earnings announcements, financing developments, share repurchases, and governance updates, based on information Turtle Beach has released through press statements and regulatory disclosures.
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.