— Turtle Beach Corporation (NASDAQ: HEAR) reported third-quarter 2019 loss of $0.18 per share, vs. $0.23 per share loss expected.
— Total revenue fell 38% to $46.7 million, vs. $42.8 million expected. The decrease was primarily due to the expected decline in demand from the record levels in the prior year, driven by new headset users buying their first headset for Battle Royale games.
— Q3 Adjusted EBITDA of $0.3 million, compared to $17.6 million in the year-ago quarter
— For FY19, now expects revenue to range between $236 million and $242 million, compared to the earlier guidance of $240 million to $248 million. Adjusted EPS for this period is expected to range between $0.65 and $0.75, lower than the prior guidance of $0.90 to $1.10 per share.
— HEAR shares plunged 15% immediately following the announcement.
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
