Turtle Beach Reports Record First Quarter 2019 Results
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Turtle Beach Corporation (HEAR) PT Raised to $26 at DA Davidson
May 9, 2019 9:56 AM EDTDA Davidson analyst Tom Forte raised the price target on Turtle Beach Corporation (NASDAQ: HEAR) to $26.00 (from $23.00) while maintaining a Buy rating following the company's 1Q report. Revenue for the quarter increased 9.7% year-over-year to $44.8M, above the consensus estimate of $41.8M. Forte is extremely... More
Turtle Beach (HEAR) Tops Q1 EPS by 6c; Maintains Outlook
May 8, 2019 4:29 PM EDTTurtle Beach (NASDAQ: HEAR) reported Q1 EPS of $0.09, $0.06 better than the analyst estimate of $0.03. Revenue for the quarter came in at $44.8 million versus the consensus estimate of $41.82 million.
"We reported another record quarter of revenue growth, which, combined with strong prior year receivables, allowed us to grow our cash position to all-time highs with zero debt," said Juergen Stark, CEO, Turtle Beach Corporation. "This was in spite of... More
