The earnings call presented a mixed outlook. While Turtle Beach successfully executed on its refinancing and capital allocation strategies and saw improved gross margins, it faced challenges such as revenue decline and adjusted EBITDA loss. The gaming accessories market shows promise, especially with the successful launch of Nintendo Switch 2, but current conditions remain challenging.

Company Guidance

During the Turtle Beach Corporation's second quarter 2025 conference call, the company reiterated its full-year guidance, projecting revenue between $340 million and $360 million and adjusted EBITDA of $47 million to $53 million. Key achievements included a successful execution of their capital allocation strategy, which involved a $5 million share repurchase at an average price of $13.47, and a comprehensive refinancing of their term loan and credit facility, reducing interest rates by approximately 450 basis points, resulting in annual savings of over $2 million. The company also navigated tariff changes by shifting some production to Vietnam and anticipates less than 15% of U.S. supply will be produced in China after Q1. Despite second-quarter revenue of $56.8 million and an adjusted EBITDA loss of $3 million, Turtle Beach expressed optimism for the latter half of 2025, expecting approximately two-thirds of annual revenue to occur then, driven by improving market conditions and significant releases like Nintendo Switch 2 and the anticipated 2026 launch of GTA 6.

Successful Refinancing

Turtle Beach completed a comprehensive refinancing of its term loan and credit facility, reducing the interest rate by approximately 450 basis points, which is expected to save over $2 million annually.

Capital Allocation Strategy

The company announced a $75 million share repurchase authorization and repurchased approximately $5 million of stock in Q2, demonstrating confidence in the company's future.

Improved Gross Margins

Gross margins improved to 32% in Q2 2025, compared to 30% in the prior year, indicating successful cost optimization initiatives.

Positive Outlook for Gaming Accessories

The launch of Nintendo Switch 2 set a new record for hardware sales in a launch month, expected to boost accessory sales significantly in the coming years.

Turtle Beach (TBCH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TBCH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.13 / -	0.16	―	―	―
Aug 07, 2025	2025 (Q2)	-0.31 / -0.13	-0.35	61.71% (+0.22)
May 08, 2025	2025 (Q1)	-0.12 / 0.00	0.01	―
Mar 13, 2025	2024 (Q4)	1.11 / 0.95	0.502	89.24% (+0.45)
Nov 07, 2024	2024 (Q3)	0.14 / 0.16	-0.146	209.59% (+0.31)
Aug 08, 2024	2024 (Q2)	-0.30 / -0.35	-0.41	14.63% (+0.06)
May 07, 2024	2024 (Q1)	-0.22 / 0.01	-0.27	103.70% (+0.28)
Mar 13, 2024	2023 (Q4)	0.60 / 0.50	0.1	402.00% (+0.40)
Nov 07, 2023	2023 (Q3)	-0.24 / -0.15	-0.47	68.94% (+0.32)
Aug 07, 2023	2023 (Q2)	-0.34 / -0.41	-0.77	46.75% (+0.36)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TBCH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$14.41	$15.68	+8.81%
May 08, 2025	$9.84	$10.72	+8.94%
Mar 13, 2025	$14.29	$13.56	-5.11%
Nov 07, 2024	$16.15	$17.11	+5.94%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Turtle Beach (TBCH) report earnings?

Turtle Beach (TBCH) is schdueled to report earning on Nov 06, 2025, After Close (Confirmed).

What is Turtle Beach (TBCH) earnings time?

Turtle Beach (TBCH) earnings time is at Nov 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TBCH EPS forecast?

TBCH EPS forecast for the fiscal quarter 2025 (Q3) is 0.13.

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