Turtle Beach Corporation reports results for the quarter ended June 30 - Earnings Summary
Turtle Beach Corporation reports results for the quarter ended June 30 - Earnings Summary
Turtle Beach Corporation TBCH.OQ reported a quarterly adjusted loss of 38 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of five analysts for the quarter was for a loss of 31 cents per share. Wall Street expected results to range from -40 cents to -19 cents per share.
Revenue fell 0.7% to $56.37 million from a year ago; analysts expected $60.10 million.
Turtle Beach Corporation's reported EPS for the quarter was a loss of 38 cents.
The company reported a quarterly loss of $7.31 million.
Turtle Beach Corporation shares had risen by 8.8% this quarter and lost 3.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 39.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the computer hardware peer group is also "buy"
Wall Street's median 12-month price target for Turtle Beach Corporation is $16.00, about 15.4% above its last closing price of $13.54
This summary was machine generated from LSEG data August 6 at 09:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.31 | -0.38 | Missed |
Mar. 31 2026 | -0.43 | -0.78 | Missed |
Dec. 31 2025 | 1.12 | 0.87 | Missed |
Sep. 30 2025 | 0.10 | 0.08 | Missed |
Recent news on Turtle Beach
See all newsTurtle Beach Corporation reports results for the quarter ended June 30 - Earnings Summary
Turtle Beach Q2 revenue and net loss miss analyst expectations
Brief: Turtle Beach Q2 Revenue USD 56.365 Million Vs. IBES Estimate USD 60.1 Million
Turtle Beach Corporation expected to post a loss of 31 cents a share - Earnings Preview
Turtle Beach misses Q1 estimates on challenging market; backs FY outlook