Turtle Beach (NASDAQ: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.
