GuidanceManagement lowered 2025 guidance for revenue and adjusted EBITDA due to industry headwinds and uncertainty around tariffs, indicating challenges in the upcoming year.
Sales ForecastThe GTA 6 release date delays a significant uptick of sales from this coming holiday period to Q2 – Q4 next year.
Tariffs ImpactTariffs in China create a material impact on Turtle Beach, given that over 75% of its revenue is from domestic sales, while roughly 50% of its manufacturing is from China.