Turtle Beach (NASDAQ:TBCH) Issues Earnings Results, Misses Estimates By $0.11 EPS

Turtle Beach (NASDAQ:TBCH) posted its quarterly earnings results on Thursday. The company reported $1.00 EPS for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.11), Zacks reports. Turtle Beach had a return on equity of 9.18% and a net margin of 1.41%.

Turtle Beach Stock Down 0.8 %

NASDAQ TBCH traded down $0.12 during trading hours on Thursday, reaching $14.29. The company’s stock had a trading volume of 416,907 shares, compared to its average volume of 153,950. The company has a current ratio of 1.26, a quick ratio of 0.60 and a debt-to-equity ratio of 0.45. Turtle Beach has a 1 year low of $12.10 and a 1 year high of $19.50. The stock has a market cap of $286.93 million, a PE ratio of 49.28, a P/E/G ratio of 0.77 and a beta of 2.05.

Turtle Beach Company Profile

Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, personal computers, handheld consoles, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, mousepads, and other accessories for the personal computer peripherals market under the brand of ROCCAT, as well as digital USB and analog microphones under the Neat Microphones brand.