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HEAR

Turtle Beach Corp

$9.87

Earnings Summary

Revenue
$46.66Mn
Net Profits
$-6.48Mn
Net Profit Margins
-13.88%
PE Ratio
131.38

Highlights

Revenue:

Turtle Beach Corp’s revenue fell -49.85% since last year same period to $46.66Mn in the Q1 2022. On a quarterly growth basis, Turtle Beach Corp has generated -57.36% fall in its revenue since last 3-months.

Net Profits:

Turtle Beach Corp’s net profit fell -173.27% since last year same period to $-6.48Mn in the Q1 2022. On a quarterly growth basis, Turtle Beach Corp has generated -242.67% fall in its net profits since last 3-months.

Net Profit Margins:

Turtle Beach Corp’s net profit margin fell -246.12% since last year same period to -13.88% in the Q1 2022. On a quarterly growth basis, Turtle Beach Corp has generated -434.6% fall in its net profit margins since last 3-months.

PE Ratio:

Turtle Beach Corp’s price-to-earnings ratio after this Q1 2022 earnings stands at 131.38.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Turtle Beach Corp post its latest quarter earnings

EPS Estimate Current Quarter
-0.47
EPS Estimate Current Year
-0.47

Highlights

EPS Estimate Current Quarter:

Turtle Beach Corp’s earning per share (EPS) estimates for the current quarter stand at -0.47 - a 9.62% jump from last quarter’s estimates.

EPS Estimate Current Year:

Turtle Beach Corp’s earning per share (EPS) estimates for the current year stand at -0.47.

Key Ratios

Key ratios of the Turtle Beach Corp post its Q1 2022 earnings

Earning Per Share (EPS)
-0.4
Return on Assets (ROA)
-0.07
Return on Equity (ROE)
-0.14
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Turtle Beach Corp’s earning per share (EPS) fell -176.92% since last year same period to -0.4 in the Q1 2022. This indicates that the Turtle Beach Corp has generated -176.92% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Turtle Beach Corp’s return on assets (ROA) stands at -0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Turtle Beach Corp’s return on equity (ROE) stands at -0.14.

Dividend Per Share (DPS):

Turtle Beach Corp declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-04
-0.52
-0.4
23.08%

Company Information

Turtle Beach Corporation is one of the world's leading gaming accessory providers. The Turtle Beach brand (www.turtlebeach.com) is known for pioneering first-to-market features and patented innovations in high-quality, comfort-driven headsets for all levels of gamer, making it a fan-favorite brand and the market leader in console gaming audio for the last decade. Turtle Beach's ROCCAT brand (www.roccat.org) combines detail-loving German innovation with a genuine passion for designing the best PC gaming products. Under the ROCCAT brand, Turtle Beach creates award-winning keyboards, mice, headsets, mousepads, and other PC accessories.

Organisation
Turtle Beach Corp
Headquarters
San Diego, California, US
Employees
277
Industry
Consumer Durables
CEO
Juergen Stark