— 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.
Aurora Cannabis, Inc. (NYSE: ACB) reported a wider loss for the fourth quarter of 2020, hurt by a 5% decrease in revenues. The company’s stock fell sharply during Tuesday’s after-hours
Stitch Fix (NASDAQ: SFIX) reported fourth-quarter 2020 financial results after the closing bell on Tuesday. The company reported an 11% increase in Q4 revenues to $443.4 million, beating Wall Street
Nike Inc.'s (NYSE: NKE) profit and revenue in the first quarter of fiscal 2021 surpassed the market's estimates and sent the NKE stock up by about 7% in the extended