Turtle Beach (HEAR) Reports Q3 Loss Per Share of 1c
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Turtle Beach Reports Third Quarter 2017 Results
November 2, 2017 4:05 PM EDTSAN DIEGO, Nov. 2, 2017 /PRNewswire/ --Â Turtle Beach Corporation (NASDAQ: Â HEAR), a leading gaming headset and audio accessory company, reported financial results for the third quarter ended September 30, 2017.
Third Quarter Summary vs. Year-Ago Quarter:
Net revenue of $36.0 million versus $38.4 million, down slightly due to holiday shipment timing. Gross margin improved significantly to 34.9% compared to 10.2% last year (excluding a $7.1 million HyperSound-related charge, gross margin in the year-ago quarter was 28.7%).... More