Education
About Us
Working with TipRanks
Follow Us
Turtle Beach (TBCH)
NASDAQ:TBCH
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.28Last Year’s EPS
-0.35Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 23.98%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment. While Turtle Beach has shown strong financial growth, operational improvements, and strategic initiatives like new product launches and share repurchases, the company faces significant challenges due to market declines, tariff impacts, and economic uncertainties. The delay in major game releases like GTA 6 further adds to the cautious outlook for 2025.Company Guidance
During the Turtle Beach Q1 2025 earnings call, the company provided guidance for the fiscal year 2025, projecting full-year revenue to range between $340 million and $360 million, with adjusted EBITDA expected to be between $47 million and $53 million. The guidance revision reflects external challenges, including a 16% decline in the U.S. gaming accessories market in Q1, tariff impacts, and a delay in the release of Grand Theft Auto VI. Despite these challenges, Turtle Beach reported a 14% year-over-year revenue increase to $63.9 million and a gross margin improvement of 470 basis points to 36.6% for the first quarter. The company also highlighted strategic moves such as inventory adjustments and supply chain diversification to mitigate tariff impacts, with less than 10% of U.S. supply expected to be produced in China post-Q1. Additionally, Turtle Beach announced a new $75 million share repurchase program over the next two years, emphasizing their commitment to shareholder value and sustainable growth.Revenue Growth and EBITDA Improvement
First quarter revenue grew by 14% year-over-year to $63.9 million, and adjusted EBITDA increased by 180% to $4.1 million from $1.4 million a year ago.
Gross Margin Expansion
Gross margins improved by 470 basis points year-on-year to 36.6%, driven by operational improvements and cost efficiencies.
Inventory Management and Tariff Mitigation
Proactive increase in inventory levels and successful shift of production to Vietnam, leaving less than 10% of U.S. supply produced in China after Q1.
New Product Launches and Market Expansion
Introduction of new Nintendo Switch headsets and controllers and new Xbox accessories, aligning with growth drivers like the launch of the Nintendo Switch 2.
Share Repurchase Program
Execution of the largest share repurchase program in the company's history, with a new $75 million authorization over the next two years.
---
TBCH Earnings History
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 |
|---|---|---|---|
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% |
Aug 08, 2024 | $12.82 | $14.77 | +15.21% |
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 Aug 07, 2025, TBA Not Confirmed.
What is Turtle Beach (TBCH) earnings time?
Turtle Beach (TBCH) earnings time is at Aug 07, 2025, TBA Not 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 (Q2) is -0.28.
---