Turtle Beach Corp ( (TBCH) ) has released its Q3 earnings. Here is a breakdown of the information Turtle Beach Corp presented to its investors.
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Turtle Beach Corporation is a prominent player in the gaming accessories market, known for its innovative headsets, controllers, and peripherals, catering to a diverse range of gamers. In its third-quarter earnings report for 2025, Turtle Beach Corporation announced net revenue of $80.5 million and a net income of $1.7 million, while also reiterating its full-year financial guidance. The company reported a gross margin improvement to 37.4%, reflecting a year-over-year increase of nearly 120 basis points, and an adjusted EBITDA of $11.0 million. Key strategic moves included the repurchase of over $10 million in shares and refinancing of its debt facilities, which reduced the cost of capital by over 450 basis points. Looking ahead, Turtle Beach remains optimistic about its growth prospects, driven by strategic investments in product innovation and expansion across key gaming platforms, while maintaining its full-year revenue and EBITDA guidance.