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Turtle Beach HEAR reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Turtle Beach missed estimated earnings by 63.83%, reporting an EPS of $-0.77 versus an estimate of $-0.47.
Revenue was down $37.26 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13 which was followed by a 19.9% drop in the share price the next day.
Here’s a look at Turtle Beach’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.52 | 0.22 | 0.05 | |
| EPS Actual | -0.39 | 0.16 | 0.26 | 0.14 |
| Revenue Estimate | 43.40M | 108.20M | 78.38M | 70.17M |
| Revenue Actual | 46.66M | 109.43M | 85.31M | 78.56M |
To track all earnings releases for Turtle Beach visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.