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Turtle Beach Corporation - HEAR STOCK NEWS

Welcome to our dedicated page for Turtle Beach Corporation news (Ticker: HEAR), a resource for investors and traders seeking the latest updates and insights on Turtle Beach Corporation stock.

Turtle Beach Corporation (NASDAQ: HEAR) designs innovative, market-leading audio products that cater to a global audience. Under its award-winning Turtle Beach brand, the company offers a vast selection of highly acclaimed gaming headsets compatible with Xbox One, PlayStation®4, personal computers, and mobile/tablet devices. These headsets are recognized for their superior sound quality and ergonomic design, solidifying Turtle Beach as a leader in the gaming accessories market.

Beyond headsets, the company has expanded its product lineup to include game controllers, flight and racing simulation accessories, keyboards, mice, and high-quality microphones. Turtle Beach operates on a global scale, with products available through major retailers like Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target, and Walmart. A substantial portion of the company's revenue is generated during the holiday season, with North America being its largest market.

Through its HyperSound brand, Turtle Beach markets pioneering directed audio solutions utilized in digital signage, kiosks, consumer electronics, and hearing healthcare. These innovative products are designed to offer a more focused and immersive audio experience, making significant strides in both commercial and consumer sectors.

With nearly five decades of expertise in audio technology, Turtle Beach continues to innovate and expand its product offerings. The company's commitment to delivering high-quality audio solutions is evident in its numerous partnerships and recent achievements. Turtle Beach's financial condition remains robust, with continuous efforts to develop new technologies and enhance user experiences.

News

Turtle Beach Corporation to Report Fourth Quarter and Full Year 2023 Financial Results on Wednesday, March 13, 2024

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Turtle Beach Corporation (HEAR) will announce its financial results for Q4 and full year 2023 on March 13, 2024. The conference call will be led by the Interim CEO and CFO, with a live webcast available on the company's website.
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Grab the Wheel & Floor It! Turtle Beach’s VelocityOne Race Is Now Available for Sim Racers on Xbox and Windows PC

Rhea-AI Summary
Turtle Beach Corporation (HEAR) launches the Turtle Beach VelocityOne Race, a cutting-edge racing gaming simulation setup for Xbox and Windows PCs. Priced at $649.99, this system offers high-fidelity force feedback, realistic braking performance, and customizable controls for an immersive racing experience.
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Become the Top Gun With All the Right Stuff – Turtle Beach’s Premium VelocityOne Flightdeck HOTAS Is Now Available

Rhea-AI Summary
Turtle Beach Corporation (HEAR) launches the VelocityOne Flightdeck premium simulation HOTAS, offering a comprehensive flight control system for sophisticated flight and space combat games on Windows 10 & 11 PCs. Priced at $399.99, this product features 15 axes, 139 programmable functions, Flight Touch Display, OLED Heads-Up Display, and Flight Hangar app for customization.
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Drop the Hammer & Shift Into a New Level of Realism With Turtle Beach’s VelocityOne Race for Xbox & Windows PC

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Turtle Beach Corporation (Nasdaq: HEAR) has announced the release of the Turtle Beach VelocityOne Race, a universal racing wheel and pedal system designed for Xbox and Windows PCs. The product features high-fidelity direct-drive force feedback, aluminum pedals, and Dynamic Brake Tek load-cell brakes. It also includes a hand-stitched leather wheel, Mag-Shift paddle shifters, and additional analog paddles with magnetic Hall Effect sensors. The system is available for pre-order at $649.99 MSRP and is set to launch on February 26, 2024.
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Turtle Beach’s Groundbreaking & Critically Acclaimed Designed for Xbox Stealth Ultra Wireless Controller Launches Globally

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Turtle Beach Corporation (Nasdaq: HEAR) announces the launch of its highly-anticipated wireless controller, the Designed for Xbox Turtle Beach® Stealth™ Ultra Wireless Smart Game Controller. The controller, priced at $199.99 MSRP, offers pro-level control and customization for gamers on Xbox, Windows PCs, Smart TVs, and Android devices. Features include magnetic Hall Effect thumbsticks, precise microswitch buttons, adjustable triggers, and the unique Connected Command Display dashboard. The controller uses low-latency wireless technology for Xbox and PC, and Bluetooth for Smart TVs and Android devices.
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Turtle Beach Unveils Its Groundbreaking VelocityOne Flightdeck – the Ultimate Universal HOTAS Flight Simulation Control System

Rhea-AI Summary
Turtle Beach Corporation (Nasdaq: HEAR) announced the Turtle Beach® VelocityOne™ Flightdeck, a premium combat HOTAS flight simulation control system for Windows 10 & 11 PCs. Priced at $399.99 MSRP, the product is available for pre-order and will be launched on February 13, 2024. The Flightdeck offers comprehensive controls, including 15 axes and 139 programmable functions, designed for use with all major flight simulation titles. It features a Flight Touch Display, Customizable OLED HUD, long-lasting hall-effect controls, 139 programmable buttons, adjustable stick height, Pro-Aim™ Focus Mode, adjustable throttle detents, Turtle Beach Audio Advantage, adjustable RGB lighting, and a Flight Hangar App for Windows PCs. The company's Interim CEO & SVP of Global Sales, Cris Keirn, expressed delight in expanding the VelocityOne product family with innovative products like the Flightdeck.
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Turn Your Controller Into a Command Center – Introducing Turtle Beach’s Groundbreaking Designed for Xbox Stealth Ultra Wireless Controller

Rhea-AI Summary
Turtle Beach Corporation (HEAR) unveils its first-wireless controller for Xbox and PC, the Designed for Xbox Turtle Beach® Stealth™ Ultra Wireless Smart Game Controller. The Stealth Ultra features low-latency wireless connectivity, tactile microswitches, AntiDrift™ thumbsticks, full-color Connected Command Display, adjustable power modes, and more. Available for pre-order at $199.99 MSRP, it launches on December 15, 2023.
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Turtle Beach Announces Strong Q3 FY2023 Earnings Results

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Turtle Beach Corporation (Nasdaq: HEAR) reported a 15% increase in Q3 revenue year-over-year, with a run rate profitability outlook raised to $8 to $10 million. Gross margin % improved to the highest level in six quarters, reaching 29.9% in Q3 2023.
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Turtle Beach & Gaming’s International Superstar – Dr Disrespect – Unleash the Stealth 700 Gen 2 MAX Dr Disrespect Limited Edition Wireless Gaming Headset

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Turtle Beach collaborates with Dr Disrespect for a new limited edition gaming headset, the Stealth 700 Gen 2 MAX. The headset features high-quality audio, a custom design by Dr Disrespect, and multiplatform compatibility. It is available for $199.99 on the Turtle Beach website.
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Turtle Beach Corporation to Report Third Quarter 2023 Financial Results on Tuesday, November 7, 2023

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Turtle Beach Corporation will report financial results for Q3 2023 on November 7. Conference call with Interim CEO and CFO to follow. Webcast available on company's website.
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FAQ

What is the current stock price of Turtle Beach Corporation (HEAR)?

The current stock price of Turtle Beach Corporation (HEAR) is $14.86 as of November 15, 2024.

What is the market cap of Turtle Beach Corporation (HEAR)?

The market cap of Turtle Beach Corporation (HEAR) is approximately 310.5M.

What does Turtle Beach Corporation specialize in?

Turtle Beach Corporation specializes in gaming accessories, including headsets, controllers, keyboards, mice, and simulation hardware.

What is the Turtle Beach brand known for?

The Turtle Beach brand is known for its award-winning gaming headsets, which are highly acclaimed for their superior sound quality and ergonomic design.

Under what brands does Turtle Beach Corporation operate?

Turtle Beach Corporation operates under the Turtle Beach and HyperSound brands.

Where can Turtle Beach products be purchased?

Turtle Beach products are available through major retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target, and Walmart.

What markets does Turtle Beach Corporation serve?

Turtle Beach Corporation serves a global market, with North America being its largest revenue generator.

What are the applications of HyperSound products?

HyperSound products are used in digital signage, kiosks, consumer electronics, and hearing healthcare for a focused and immersive audio experience.

How long has Turtle Beach Corporation been in the audio technology industry?

Turtle Beach Corporation has nearly five decades of expertise in the audio technology industry.

What are some of the recent achievements of Turtle Beach Corporation?

Recent achievements of Turtle Beach include continuous innovation in audio technology and the expansion of its product lineup to include game controllers and simulation accessories.

How does Turtle Beach Corporation generate most of its revenue?

A substantial portion of Turtle Beach Corporation's revenue is generated during the holiday season.

What is the significance of Turtle Beach Corporation's financial condition?

Turtle Beach Corporation's robust financial condition supports its continuous efforts to develop new technologies and enhance user experiences.

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Turtle Beach Corporation

Nasdaq:HEAR

HEAR Rankings

#3500 Ranked by Market Cap
N/A Ranked by Dividends

HEAR Stock Data

310.48M
20.08M
28.13%
77.22%
3.76%
Consumer Electronics
Communications Equipment, Nec
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