Turtle Beach Corp (TBCH) News & EventsTBCHTurtle Beach Corp

Turtle Beach Reports Q2 Revenue of $56.37M Below Consensus

Reports Q2 revenue $56.37M, consensus $60.1M. "We continued to execute on our robust new product roadmap during the second quarter, delivering innovative products across multiple categories, including the launch of our flagship Stealth Pro II headset," said Cris Keirn, Chief Executive Officer of Turtle Beach Corporation. "This launch represented a key milestone in our brand transformation and helped drive accelerating momentum across the business as the quarter progressed. Channel inventories continued to contract through the first half of the quarter, consistent with trends in the first quarter, before stabilizing later in the period. As retailers begin rebuilding inventory levels in anticipation of stronger consumer demand in the second half of the year, we expect a meaningful rebound in our business."

Turtle Beach Reaffirms FY26 EBITDA Guidance of $44M to $48M

Backs FY26 adjusted EBITDA view $44M-$48M. The company said, "The Company's financial operations and strategic priorities remain fully on track. Today, Turtle Beach reaffirmed its full year 2026 financial guidance of net revenue in the range of $335 million to $355 million and Adjusted EBITDA in the range of $44 million to $48 million as previously announced in the first quarter 2026 earnings release issued on May 7, 2026."

Turtle Beach Appoints Andrew Clipsham as Interim CFO

Turtle Beach announced that Andrew Clipsham, Turtle Beach's senior director of finance, has been appointed interim CFO effective June 15. Clipsham will succeed Mark Weinswig as the company has undertaken a search for a permanent CFO. Weinswig will stay with the company through June 15 to ensure a transition.