Turtle Beach: Q1 Earnings Insights

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Turtle Beach HEAR reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

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

Earnings

Turtle Beach beat estimated earnings by 32.5%, reporting an EPS of $-0.27 versus an estimate of $-0.4.

Revenue was up $4.78 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.11 which was followed by a 5.83% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.21 -0.37 -0.47 -0.52
EPS Actual 0.10 -0.47 -0.77 -0.39
Revenue Estimate 110.43M 55.18M 49.20M 43.40M
Revenue Actual 100.90M 51.30M 41.30M 46.66M

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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Posted In: EarningsBZI-Recaps
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