Turtle Beach: Q4 Earnings Snapshot
WHITE PLAINS, N.Y. (AP) — WHITE PLAINS, N.Y. (AP) — Turtle Beach Corp (HEAR) on Wednesday reported fourth-quarter earnings of $8.6 million.
WHITE PLAINS, N.Y. (AP) — WHITE PLAINS, N.Y. (AP) — Turtle Beach Corp (HEAR) on Wednesday reported fourth-quarter earnings of $8.6 million.
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On a per-share basis, the White Plains, New York-based company said it had net income of 47 cents.
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The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share.
The audio technology company posted revenue of $99.5 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $112.4 million.
For the year, the company reported a loss of $17.7 million, or $1.03 per share. Revenue was reported as $258.1 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HEAR at https://www.zacks.com/ap/HEAR