Turtle Beach (NASDAQ:TBCH) Announces Quarterly Earnings Results

Turtle Beach (NASDAQ:TBCH - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $1.00 earnings per share 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 Price Performance

NASDAQ TBCH traded down $0.12 during trading on Thursday, reaching $14.29. The company's stock had a trading volume of 404,735 shares, compared to its average volume of 153,796. The company has a quick ratio of 0.60, a current ratio of 1.26 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $286.93 million, a PE ratio of 49.28, a price-to-earnings-growth ratio of 0.77 and a beta of 2.05. Turtle Beach has a 1-year low of $12.10 and a 1-year high of $19.50.

About Turtle Beach

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.

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