Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, and other accessories for the personal computer peripherals market under the brand of ROCCAT. It serves retailers, distributors, and other customers in North America, the United Kingdom, Europe, and internationally. Turtle Beach Corporation was founded in 1975 and is based in White Plains, New York.
IPO Year:
Exchange: NASDAQ
Website: corp.turtlebeach.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/9/2024 | $17.00 | Perform → Outperform | Oppenheimer |
5/5/2023 | $10.00 → $16.00 | Buy | Maxim Group |
11/28/2022 | $18.00 | Buy | ROTH Capital |
8/9/2022 | $25.00 → $14.00 | Buy → Neutral | DA Davidson |
8/9/2022 | Outperform → Perform | Oppenheimer | |
5/17/2022 | $27.00 | Neutral → Outperform | Wedbush |
3/4/2022 | $34.00 → $30.00 | Buy | Stifel |
3/1/2022 | $27.00 → $24.00 | Outperform → Neutral | Wedbush |
1/7/2022 | $42.00 → $40.00 | Buy | Maxim Group |
1/6/2022 | $41.00 → $34.00 | Outperform | Oppenheimer |
4 - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
3 - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
4/A - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
SC 13G - Turtle Beach Corp (0001493761) (Subject)
SC 13G - Turtle Beach Corp (0001493761) (Subject)
SC 13D - Turtle Beach Corp (0001493761) (Subject)
SC 13G/A - Turtle Beach Corp (0001493761) (Subject)
SC 13G/A - Turtle Beach Corp (0001493761) (Subject)
SC 13G/A - Turtle Beach Corp (0001493761) (Subject)
SC 13G/A - Turtle Beach Corp (0001493761) (Subject)
SC 13G/A - Turtle Beach Corp (0001493761) (Subject)
SC 13G/A - Turtle Beach Corp (0001493761) (Subject)
SC 13G/A - Turtle Beach Corp (0001493761) (Subject)
4 - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
4/A - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
4 - Turtle Beach Corp (0001493761) (Issuer)
– Second Quarter Net Revenue of $76.5 million, up 59% Year-over-Year –– Raising Full Year 2024 Guidance on Continued Execution Strength –– Repurchased $15 Million of Common Shares in the Second Quarter –– Highlight Intention to Continue Share Repurchases at Attractive Price Levels – WHITE PLAINS, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (NASDAQ:HEAR), a leading gaming headset and accessories brand, today reported financial results for the second quarter ended June 30, 2024. Second Quarter Highlights Net revenue was $76.5 million, an increase of 59% compared to the prior year period.Net loss was $(7.5) million or ($0.35) per share compared to a net loss of ($15.9)
WHITE PLAINS, N.Y., July 25, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (NASDAQ:HEAR) a leading gaming headset and accessories brand, today announced it will report financial results for the second quarter 2024 on Thursday, August 8, 2024 after the close of trading on the Nasdaq Stock Market. In conjunction with reporting second quarter 2024 results, Turtle Beach will also host a conference call and audio webcast at 5:00p.m. ET / 2:00p.m. PT that same day to review the results. On the call, Cris Keirn, Chief Executive Officer, and John Hanson, Chief Financial Officer, will discuss the second quarter results and provide commentary on business performance. A question-and-answer sessi
Strong Product Demand Increases Net Revenue 8.6% Year-over-Year Diligent Cost Management Initiatives Significantly Improve Adjusted EBITDA Profitability Favorable Gaming Trends and Upcoming New Product Launches Position Turtle Beach for Continued Success Turtle Beach Corporation (NASDAQ:HEAR) ("Turtle Beach" or the "Company"), a leading gaming accessories brand, today reported financial results for the first quarter ended March 31, 2024. First Quarter Summary vs. Year-Ago Quarter: Net revenue was $55.8 million, an increase of 8.6% compared to $51.4 million a year ago; Net income was $0.2 million, or $0.01 per diluted share, compared to net loss of $6.7 million, or $0.40 per di
Turtle Beach Corporation (NASDAQ:HEAR), a leading gaming headset and accessory brand, today announced it will report financial results for the first quarter 2024 on Tuesday, May 7, 2024. In conjunction with reporting first quarter 2024 results, Turtle Beach will host a conference call at 5:00 p.m. ET / 2:00 p.m. PT with the Company's CEO, Cris Keirn, and CFO, John Hanson. A live webcast of the call will be available on the "Events & Presentations" page of the Company's website at www.turtlebeachcorp.com. To access the call by phone, please go to this link (registration link) and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conferen
Highly Accretive Acquisition of Performance Designed Products Expands Product Portfolio, Strengthens Profitability and Meaningfully Enhances Size of Company Establishes a Powerhouse in Hardware Gaming Accessories with Leadership Positions in Console Headsets and Controllers, Amplified by Significant Financial Synergies Announces Intent to Launch a Modified Dutch Tender Offer to Repurchase up to $30 Million in Value of Its Common Stock Between Range of $13.75 - $15.00 Per Share Pro Forma Prospective Net Debt of 0.7X at Transaction Closing Leaves Meaningful Financial Cushion to Fund Additional Growth Initiatives and Capital Return Alternatives Announces the Appointment of Cris Keirn a
Turtle Beach Corporation (NASDAQ:HEAR) ("Turtle Beach" or the "Company"), a leading gaming accessories brand, today reported financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter Summary vs. Year-Ago Quarter: Net revenue was $99.5 million, a decrease of 1.3% compared to $100.9 million a year ago; Net income was $8.6 million, or $0.47 per diluted share, compared to net loss of $23.2 million, or $1.40 per diluted share, a year ago; Adjusted EBITDA improved to $14.0 million compared to $1.0 million a year ago. 2023 Full-Year Summary vs. 2022: Net revenue was $258.1 million, an increase of 7.5% compared to $240.2 million a year ago; N
Turtle Beach Corporation (NASDAQ:HEAR), a leading gaming headset and accessory brand, today announced it will report financial results for the fourth quarter and full year 2023 on Wednesday, March 13, 2024. In conjunction with reporting fourth quarter and full year 2023 results, Turtle Beach will host a conference call at 5:00 p.m. ET / 2:00 p.m. PT with the Company's Interim CEO and SVP of Global Sales, Cris Keirn, and CFO, John Hanson. A live webcast of the call will be available on the "Events & Presentations" page of the Company's website at www.turtlebeachcorp.com. To access the call by phone, please go to this link (registration link) and you will be provided with dial-in details. T
Q3 Revenue Increased 15% Year-over-Year Gross Margin % Continue to Improve; Delivers Highest Level in Six Quarters Company Raises Run Rate Profitability Outlook Leading gaming accessory maker Turtle Beach Corporation (NASDAQ:HEAR) ("Turtle Beach" or the "Company") reported financial results for the third quarter ended September 30, 2023. Third Quarter Summary vs. Year-Ago Quarter: Net revenue was $59.2 million, an increase of 15.3% compared to $51.3 million a year ago; Net loss was $3.6 million, or $0.21 per diluted share, compared to net loss of $12.0 million, or $0.73 per diluted share, a year ago; Adjusted EBITDA improved to $1.0 million compared to an Adjusted EBITDA lo
Turtle Beach Corporation (NASDAQ:HEAR), a leading gaming headset and accessory brand, today announced it will report financial results for the third quarter 2023 on Tuesday, November 7, 2023. In conjunction with reporting third quarter 2023 results, Turtle Beach will host a conference call at 5:00 p.m. ET / 2:00 p.m. PT with the Company's Interim CEO and SVP of Global Sales, Cris Keirn, and CFO, John Hanson. A live webcast of the call will be available on the "Events & Presentations" page of the Company's website at www.turtlebeachcorp.com. To access the call by phone, please go to this link (registration link) and you will be provided with dial in details. To avoid delays, we encourage p
Revenue and Adjusted EBITDA Increased 16% and 54% Year-over-Year, Respectively Maintains Full Year 2023 Revenue and Adjusted EBITDA Guidance Provides Line-of-Sight to Exit 2023 with $25 - $30 million Adjusted EBITDA Run-Rate, In-Line with Long-Term Adjusted EBITDA Margin Target of 10+% Previously Announced Value Enhancement Committee Continues to Review Broad Range of Opportunities to Maximize Value Leading gaming accessory maker Turtle Beach Corporation (NASDAQ:HEAR) ("Turtle Beach" or the "Company") reported financial results for the second quarter ended June 30, 2023. Second Quarter Summary vs. Year-Ago Quarter: Net revenue was $48.0 million, an increase of 16% compared to $
Although U.S. stocks closed lower on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Turtle Beach The Trade: Turtle Beach Corporation (NASDAQ:HEAR) Director Terry Jimenez acquired a total of 2,025 shares an
Wedbush analyst Michael Pachter reiterates Turtle Beach (NASDAQ:HEAR) with a Outperform and maintains $19 price target.
Turtle Beach (NASDAQ:HEAR) reported quarterly earnings of $0.01 per share which beat the analyst consensus estimate of $(0.25) by 104 percent. This is a 103.7 percent increase over losses of $(0.27) per share from the same period last year. The company reported quarterly sales of $55.85 million which beat the analyst consensus estimate of $53.22 million by 4.94 percent. This is a 8.56 percent increase over sales of $51.44 million the same period last year.
Wedbush analyst Michael Pachter reiterates Turtle Beach (NASDAQ:HEAR) with a Outperform and maintains $19 price target.
Gainers Verb Tech (NASDAQ:VERB) stock rose 29.0% to $0.23 during Thursday's pre-market session. The market value of their outstanding shares is at $18.6 million. Ostin Technology Group (NASDAQ:OST) stock rose 13.2% to $0.51. The market value of their outstanding shares is at $8.5 million. VIA optronics (NYSE:VIAO) stock rose 12.69% to $0.71. The company's market cap stands at $16.0 million. OMNIQ (NASDAQ:OMQS) stock rose 12.46% to $0.43. The company's market cap stands at $4.6 million. BitFuFu (NASDAQ:FUFU) shares moved upwards by 11.49% to $4.85. The company's market cap stands at $790.0 million. Syntec Optics Holdings (NASDAQ:OPTX) shares moved upwards by 8.12% to $3.66. The market v
Gainers Marin Software (NASDAQ:MRIN) stock moved upwards by 53.3% to $0.44 during Tuesday's after-market session. The market value of their outstanding shares is at $7.9 million. LightPath Technologies (NASDAQ:LPTH) stock increased by 11.56% to $1.64. The market value of their outstanding shares is at $62.3 million. Sobr Safe (NASDAQ:SOBR) shares moved upwards by 5.0% to $0.37. The market value of their outstanding shares is at $7.3 million. BIT Mining (NYSE:BTCM) stock increased by 4.97% to $2.71. The market value of their outstanding shares is at $30.0 million. Sonim Technologies (NASDAQ:SONM) stock increased by 4.96% to $0.63. The market value of their outstanding shares is at $27.2
The company said its Board of Directors no longer intends to launch the previously announced modified "Dutch auction" Tender Offer to purchase up to $30 million of its common stock at a price per share not less than $13.75 per share and not greater than $15.00 per share. Under the revised share repurchase authorization, the Company is authorized to acquire up to a total of $55 million of shares of its common stock, including the $8.4 million already acquired under the program, at its discretion from time to time in the open market, or in block purchases or privately negotiated transactions. The current balance remaining for the repurchase program, including today's increased authorization, i
Gainers WiSA Technologies (NASDAQ:WISA) stock increased by 27.6% to $0.03 during Thursday's pre-market session. The market value of their outstanding shares is at $5.8 million. Peraso (NASDAQ:PRSO) stock rose 23.02% to $1.71. The market value of their outstanding shares is at $2.4 million. NOVONIX (NASDAQ:NVX) stock rose 10.93% to $2.74. The market value of their outstanding shares is at $334.7 million. Vertex (NASDAQ:VERX) stock rose 8.4% to $34.84. The company's market cap stands at $5.3 billion. Ascent Solar Technologies (NASDAQ:ASTI) shares moved upwards by 8.35% to $0.37. The company's market cap stands at $1.3 million. Intrusion (NASDAQ:INTZ) shares increased by 8.18% to $3.7. Th
Lake Street analyst Mark Argento maintains Turtle Beach (NASDAQ:HEAR) with a Buy and raises the price target from $14 to $26.
WHITE PLAINS, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (NASDAQ:HEAR), a leading gaming headset and accessories brand, today announced that Chief Financial Officer and Treasurer John Hanson, has informed the Company of his intent to retire after an over 45-year career in leadership, operational, and strategic finance roles. The Company has retained Korn Ferry, an executive recruiting firm, to assist in the search for his successor, and the search will include both external and internal candidates. Mr. Hanson is expected to remain in his current role until a successor is appointed and to remain with Turtle Beach in an advisory capacity following the successor appointm
– Second Quarter Net Revenue of $76.5 million, up 59% Year-over-Year –– Raising Full Year 2024 Guidance on Continued Execution Strength –– Repurchased $15 Million of Common Shares in the Second Quarter –– Highlight Intention to Continue Share Repurchases at Attractive Price Levels – WHITE PLAINS, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (NASDAQ:HEAR), a leading gaming headset and accessories brand, today reported financial results for the second quarter ended June 30, 2024. Second Quarter Highlights Net revenue was $76.5 million, an increase of 59% compared to the prior year period.Net loss was $(7.5) million or ($0.35) per share compared to a net loss of ($15.9)
WHITE PLAINS, N.Y., July 25, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (NASDAQ:HEAR) a leading gaming headset and accessories brand, today announced it will report financial results for the second quarter 2024 on Thursday, August 8, 2024 after the close of trading on the Nasdaq Stock Market. In conjunction with reporting second quarter 2024 results, Turtle Beach will also host a conference call and audio webcast at 5:00p.m. ET / 2:00p.m. PT that same day to review the results. On the call, Cris Keirn, Chief Executive Officer, and John Hanson, Chief Financial Officer, will discuss the second quarter results and provide commentary on business performance. A question-and-answer sessi
WHITE PLAINS, N.Y., July 25, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (NASDAQ:HEAR), a leading gaming headset and accessories brand, today announced the appointment of Libby Bush, Global Head of Media & Entertainment Partnerships at leading entertainment and sports agency, Creative Artists Agency (CAA), to its board of directors (the "Board") as an independent director, effective immediately. Following her election to the Board, Ms. Bush has been added as a member of its Compensation Committee. With Ms. Bush's appointment, the Board now includes a total of nine directors. In addition, William Wyatt, who has served as an independent board member since 2023, has been named Chair of
NEWPORT BEACH, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media advisory firm, today announced the initial sponsor list and latest presenting companies for its annual Gateway Conference taking place at the Four Seasons Hotel in San Francisco on September 4th and 5th. Conference SponsorshipThe Gateway Conference is sponsored by leading firms servicing the financial community. The event provides a rich environment for business development and an effective marketing platform to reach key corporate decision makers. Sponsorships are currently available in the Gold, Silver, and Bronze levels. For additional inform
New The King of Fighters Fight Sticks are Available Now for PS5 & PS4, & Windows PC The New TEKKEN 8 Fight Sticks Launch in August 2024 Leading gaming accessories maker Turtle Beach Corporation (NASDAQ:HEAR), and Performance Designed Products LLC (PDP) today announced two highly-anticipated additions to its award-winning Victrix Pro FS Arcade Fight Stick line. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240528360982/en/(Graphic: Business Wire) Victrix has been a staple in the Fighting Game Community (FGC) since 2017, working with pro gamers to design and build their cutting-edge esports gear. Using their input, the Victr
Turtle Beach's Redesigned Top-Selling Stealth 600 Multiplatform Gaming Headset Now Features Wireless + Bluetooth, Powerful 50mm Nanoclear Drivers, a Class-Leading 80-Hour Battery Life & and Much More for the Same Attractive $99.99 MSRP The New Stealth 500 Joins Turtle Beach's Esteemed Family of Gaming Headsets to Deliver the Brand's Signature Wireless Gaming Audio + Bluetooth at an Affordable $79.99 MSRP Turtle Beach's Atlas Air Breaks New Ground as the Industry's First Wireless Open Back PC Gaming Headset that Delivers High-Fidelity 24-Bit Sound Quality in a Lightweight & Extremely Comfortable Design The Vulcan II TKL Pro Keyboard with Hyper-Responsive Magnetic Hall Effect Switches &
PDP's Victrix Gambit Prime Wired Tournament Controller for Xbox is Built for Speed & Offers Gamers Maximum Customization Leading gaming accessories maker Turtle Beach Corporation (NASDAQ:HEAR) and Performance Designed Products LLC (PDP) today released the Victrix® Gambit™ Prime Wired Tournament Controller for Xbox Series X|S, Xbox One, and PC. Designed for Xbox and featuring patented Dual Core™ Technology, the Victrix Gambit Prime Wired Tournament Controller is one of the most responsive Xbox controllers gamers can get their hands on. The Victrix Gambit Prime Wired Tournament Controller is available for $79.99 MSRP from www.pdp.com and www.amazon.com. This press release features multimed
Strong Product Demand Increases Net Revenue 8.6% Year-over-Year Diligent Cost Management Initiatives Significantly Improve Adjusted EBITDA Profitability Favorable Gaming Trends and Upcoming New Product Launches Position Turtle Beach for Continued Success Turtle Beach Corporation (NASDAQ:HEAR) ("Turtle Beach" or the "Company"), a leading gaming accessories brand, today reported financial results for the first quarter ended March 31, 2024. First Quarter Summary vs. Year-Ago Quarter: Net revenue was $55.8 million, an increase of 8.6% compared to $51.4 million a year ago; Net income was $0.2 million, or $0.01 per diluted share, compared to net loss of $6.7 million, or $0.40 per di
NEWPORT BEACH, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media advisory firm, today announced the preliminary list of presenting companies for its annual Gateway Conference taking place at the Four Seasons Hotel in San Francisco on September 4th and 5th. Celebrating 25 years of connecting leading growth companies with global capital markets audiences, Gateway is bringing back its flagship conference in person for the first time since 2019. Over the past decade, the Gateway Conference has served as a vital platform for hundreds of companies, both public and private, across sectors such as technology, cleantech, cons
8-K - Turtle Beach Corp (0001493761) (Filer)
10-Q - Turtle Beach Corp (0001493761) (Filer)
8-K - Turtle Beach Corp (0001493761) (Filer)
8-K - Turtle Beach Corp (0001493761) (Filer)
8-K - Turtle Beach Corp (0001493761) (Filer)
8-K - Turtle Beach Corp (0001493761) (Filer)
SD - Turtle Beach Corp (0001493761) (Filer)
8-K/A - Turtle Beach Corp (0001493761) (Filer)
10-Q - Turtle Beach Corp (0001493761) (Filer)
8-K - Turtle Beach Corp (0001493761) (Filer)
WHITE PLAINS, N.Y., July 25, 2024 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (NASDAQ:HEAR), a leading gaming headset and accessories brand, today announced the appointment of Libby Bush, Global Head of Media & Entertainment Partnerships at leading entertainment and sports agency, Creative Artists Agency (CAA), to its board of directors (the "Board") as an independent director, effective immediately. Following her election to the Board, Ms. Bush has been added as a member of its Compensation Committee. With Ms. Bush's appointment, the Board now includes a total of nine directors. In addition, William Wyatt, who has served as an independent board member since 2023, has been named Chair of
Amends the Cooperation Agreement with Donerail; William Wyatt to be Added to Additional Governance Committees and Waives Replacement Rights for Outgoing Director Highlights Significant Recent Improvements Made by the Refreshed Turtle Beach Board of Directors in Furtherance of Its Commitment for Best-in-Class Corporate Governance Turtle Beach Corporation (NASDAQ:HEAR, the ", Company", ))), a leading gaming headset and audio accessory brand, continues to take actions to further its mission for best-in-class Corporate Governance. The Board of Directors ("Board") announced today a waiver agreement under the May 13, 2022, Cooperation Agreement signed between the Board and one of its largest s
Leading gaming accessory maker Turtle Beach Corporation (NASDAQ:HEAR) announced today the appointment of Cris Keirn as interim Chief Executive Officer (CEO), effective July 1, 2023. Mr. Keirn will succeed Juergen Stark, who has served as CEO since 2012, and is working with Mr. Stark to ensure a seamless transition. As previously announced, the Turtle Beach Board of Directors is engaged in a comprehensive search for a permanent CEO, and Mr. Keirn will continue to be a strong candidate for that role. "In his role as Senior Vice-President, Global Sales for Turtle Beach since 2016, Cris and his team have significantly strengthened our global omni-channel execution and delivered nearly $2 bill
Delivers on Commitment to Appointing a Shareholder Representative Board Forms Value Enhancement Committee to Review a Broad Range of Strategic Opportunities Turtle Beach Corporation (NASDAQ:HEAR, the "Company"))), one of the world's leading gaming accessory brands, today announced the appointment of William Wyatt to the Company's Board of Directors (the "Board"), effective immediately. In addition, the Board announced that it has formed a Value Enhancement Committee (the "Committee") to review and assess a broad range of opportunities to maximize value for shareholders, including potential strategic transactions. "There is strong progress underway at Turtle Beach, as evidenced by th
Immersion Continues to Reject Company's Extensive Efforts to Settle No Shareholder Action Required at This Time Turtle Beach Corporation (NASDAQ:HEAR, the "Company"))), a leading gaming headset and audio accessory brand, today issued the following statement regarding its extensive efforts to reach a settlement with Immersion Corporation (NASDAQ:IMMR, "Immersion"))): In the interest of avoiding another costly and distracting proxy contest, members of the Turtle Beach Board and management team have engaged extensively and in good faith with Immersion, including offering three separate counterproposals that were ultimately rejected. Immersion's submission of a nomination notice, includin
Skilled Leader Brings Over 25 Years of Senior Executive Experience in Capital Markets and Investment Management With Ms. Sze's Appointment, the Turtle Beach Board Has Replaced the Majority of Its Board Members in the Last Seven Months, In Furtherance of its May 2022 Cooperation Agreement with The Donerail Group LP Leading gaming accessory maker Turtle Beach Corporation (NASDAQ:HEAR) ("Turtle Beach" or the "Company"), today announced the appointment of Julia Sze to the Company's Board of Directors. Ms. Sze is a Chartered Financial Analyst with over 25 years of senior executive experience in capital markets and investment management. She currently serves as an impact investor, working with
Experienced Leader Brings Business and Financial Expertise Four New Independent Directors Appointed Since May 2022 in Furtherance of Agreement with Donerail and Continuing Company's Longstanding Commitment to Board Refreshment Leading gaming accessory maker Turtle Beach (NASDAQ:HEAR) ("Turtle Beach" or the "Company"), today announced the appointment of Terry Jimenez to the Company's Board of Directors. Mr. Jimenez will also join the Board's Nominating and Governance Committee. Mr. Jimenez most recently served as Chief Executive Officer, President and board member at Tribune Publishing Company, a media company, and previously served as Chief Financial Officer. Prior to Tribune Publishing,
Agreement Provides for Immediate Appointment of Three Directors from Donerail's Slate and, if Needed, Future Appointments of a Donerail Designee and Another Mutually Agreed Upon Director Based on the Outcome of Comprehensive Alternatives Process Strategic Committee – Which Will Include Two Incumbent Directors, Two New Directors from Donerail's Slate, and Donerail Managing Partner William Wyatt as Observer – Will Oversee Process and Engagement with Potential Buyers, Including Those who Proactively Reached Out in Recent Weeks Leading gaming accessory maker Turtle Beach Corporation (NASDAQ:HEAR) ("Turtle Beach" or the "Company") today announced it has reached an agreement with The Donerail G
Highlights Strong Performance, Significant Opportunities for Continued Growth and Board's Commitment to Maximizing Stockholder Value Urges Stockholders to Vote "FOR" All Six of Turtle Beach's Director Nominees on the BLUE Proxy Card Underscores the Donerail Group's Self-Serving Agenda to Gain Effective Control of Turtle Beach's Board Without Any Strategic Proposals, Relevant Skills, or Value Proposition to Stockholders Launches www.VoteTurtleBeach.com, Providing Additional Information for Stockholders Including Turtle Beach's History of Constructive Engagement with Donerail Leading gaming accessory maker Turtle Beach Corporation (NASDAQ:HEAR) ("Turtle Beach" or the "Company") today anno
Company Delivered 10% EBITDA Margin in a Challenging Year and Remains On Track to Deliver Approximately $100 Million in Non-Console-Headset Revenues in 2022 Consistent Strong Performance Has Enabled Company to Deliver Five Year Total Shareholder Returns of Over 350% Responds to Donerail Group's Attempt to Take Control of Turtle Beach's Board Without Any Value Proposition to Shareholders Releases Letter Previously Sent to Donerail Outlining Company's Good-Faith Attempt to Reach Constructive Resolution to Avoid Costly and Distracting Proxy Contest Leading gaming accessory maker Turtle Beach Corporation (NASDAQ:HEAR) (the "Company") today confirmed that the Donerail Group ("Donerail"), tog
Oppenheimer upgraded Turtle Beach from Perform to Outperform and set a new price target of $17.00
Maxim Group reiterated coverage of Turtle Beach with a rating of Buy and set a new price target of $16.00 from $10.00 previously
ROTH Capital initiated coverage of Turtle Beach with a rating of Buy and set a new price target of $18.00
DA Davidson downgraded Turtle Beach from Buy to Neutral and set a new price target of $14.00 from $25.00 previously
Oppenheimer downgraded Turtle Beach from Outperform to Perform
Wedbush upgraded Turtle Beach from Neutral to Outperform and set a new price target of $27.00
Stifel reiterated coverage of Turtle Beach with a rating of Buy and set a new price target of $30.00 from $34.00 previously
Wedbush downgraded Turtle Beach from Outperform to Neutral and set a new price target of $24.00 from $27.00 previously
Maxim Group reiterated coverage of Turtle Beach with a rating of Buy and set a new price target of $40.00 from $42.00 previously
Oppenheimer reiterated coverage of Turtle Beach with a rating of Outperform and set a new price target of $34.00 from $41.00 previously