Turtle Beach: Q2 Earnings Insights

Turtle Beach: Q2 Earnings Insights

 

Turtle Beach HEAR reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

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

Earnings

Turtle Beach missed estimated earnings by 63.83%, reporting an EPS of $-0.77 versus an estimate of $-0.47.

Revenue was down $37.26 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 19.9% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.52 0.22 0.05  
EPS Actual -0.39 0.16 0.26 0.14
Revenue Estimate 43.40M 108.20M 78.38M 70.17M
Revenue Actual 46.66M 109.43M 85.31M 78.56M

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.

Posted In: BZI-RecapsEarningsNews