OverviewSuggest Edit

Turtle Beach Corporation, an audio technology company, develops, commercializes, and markets a range of products under the Turtle Beach and HyperSound brands internationally. The Company offers headset products for use across various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices. It also provides audio products for commercial and consumer devices, as well as for listeners with hearing loss.
TypePublic
Founded1975
HQSan Diego, US
Websitecorp.turtlebeach.com

Latest Updates

Employees (est.) (Dec 2019)213(+57%)
Job Openings1
Revenue (FY, 2019)$234.7 M(-18%)
Share Price (Sept 2020)$17.8 (+2%)
Cybersecurity ratingDMore

Key People/Management at Turtle Beach

John Hanson

John Hanson

Chief Financial Officer
Juergen Stark

Juergen Stark

CEO, President and Chairman
William Keitel

William Keitel

Lead Independent Director
Cris Keirn

Cris Keirn

Senior Vice President, Global Sales
Andrew Wolfe

Andrew Wolfe

Director
Greg Ballard

Greg Ballard

Director
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Turtle Beach Office Locations

Turtle Beach has offices in San Diego, Valhalla and Hampshire
San Diego, US (HQ)
12220 Scripps Summit Dr #100
Valhalla, US
100 Summit Lake Drive #100
Hampshire, GB
Renaissance House Basing View
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Turtle Beach Financials and Metrics

Turtle Beach Revenue

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View revenue for all periods
Turtle Beach's revenue was reported to be $234.66 m in FY, 2019 which is a 18% decrease from the previous period.
USD

Revenue (Q2, 2020)

79.7m

Gross profit (Q2, 2020)

29.2m

Gross profit margin (Q2, 2020), %

36.7%

Net income (Q2, 2020)

8.2m

EBIT (Q2, 2020)

10.0m

Market capitalization (22-Sept-2020)

259.1m

Closing stock price (22-Sept-2020)

17.8

Cash (30-Jun-2020)

21.2m
Turtle Beach's current market capitalization is $259.1 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

186.2m162.7m174.0m149.1m287.4m234.7m

Revenue growth, %

(13%)7%(14%)93%(18%)

Cost of goods sold

135.5m122.1m131.4m98.1m178.7m156.0m

Gross profit

50.7m40.7m42.6m51.0m108.7m78.7m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

38.3m22.3m33.3m19.7m22.6m35.9m24.0m29.4m38.4m14.4m19.1m36.0m40.9m60.8m74.4m44.8m41.3m46.7m35.0m79.7m

Cost of goods sold

26.0m17.5m25.6m16.6m19.2m26.3m20.7m24.2m34.5m12.1m12.8m23.4m25.9m40.5m43.9m30.1m28.2m31.7m24.2m50.5m

Gross profit

12.3m4.8m7.7m3.1m3.4m9.6m3.4m5.1m3.9m2.2m6.3m12.5m15.0m20.3m30.5m14.8m13.2m15.0m10.8m29.2m

Gross profit Margin, %

32%22%23%16%15%27%14%17%10%15%33%35%37%33%41%33%32%32%31%37%
USDQ3, 2011

Financial Leverage

1.4 x
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Turtle Beach Acquisitions / Subsidiaries

Company NameDateDeal Size
RoccatMarch 15, 2019$14.80 m

Turtle Beach Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

SecurityScorecard logo

Turtle Beach Online and Social Media Presence

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Turtle Beach News and Updates

Turtle Beach Reports Retail Console Gaming Headset Sales In North America Set Record For July

SAN DIEGO, Aug. 19, 2020 /PRNewswire/ -- Turtle Beach (Nasdaq: HEAR), a leading console gaming headset and audio accessory brand, today revealed the Company's July 2020 retail sales in North America were the highest July sales in its history, in both revenue and units, according to NPD...

Turtle Beach Increases Sales Outlook For Second Quarter Of 2020

SAN DIEGO, June 16, 2020 /PRNewswire/ -- Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming audio and accessory provider, has increased its sales outlook for the quarter ending June 30, 2020 based on continued strong demand and significant additional increases in product supply....

NPD Says Sales Of Gaming Headsets Hit Record Levels For April Turtle Beach Products Reach Record Retail Sales And Increased Share In April 2020

SAN DIEGO , May 26, 2020 / / — Last week the NPD Group released U.S. retail sales data showing record April 2020 results for the market and for leading gaming headset and accessory brand Turtle Beach (Nasdaq: HEAR). According to NPD Group , U.S.read more

Turtle Beach stock falls after gaming-gear maker calls for weaker earnings

Turtle Beach Corp. stock fell more than 5% in the extended session Wednesday after the maker of headsets and other gaming accessories said it expects weaker quarterly earnings and called for a "soft" market for videogame consoles as new consoles are slated to hit the stores later in the year. Turtl…

Top Gaming Headset Black Friday Deals of 2019: List of Turtle Beach, HyperX & Astro Gaming Headset Deals Researched by Save Bubble

BOSTON, Nov. 27, 2019 /PRNewswire/ -- Find an updated list of Black Friday gaming headset deals, featuring savings on best-selling Xbox, PS4 and PC gaming headsets from Turtle Beach, Astro, HyperX and more. Links to deals are listed below and provided by the Black Friday team at Save...

List of Gaming Headset Black Friday 2019 Deals: Top Early PS4, Xbox, Astro, Turtle Beach & HyperX Gaming Headset Deals Researched by Spending Lab

BOSTON, Nov. 18, 2019 /PRNewswire/ -- Find all the best early gaming headset deals for Black Friday 2019. The list below contains links to the top early Xbox, PS4, Turtle Beach, HyperX & Astro gaming headset deals, as reviewed and updated by the team at Spending Lab. Best Gaming Headset...
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Turtle Beach Frequently Asked Questions

  • When was Turtle Beach founded?

    Turtle Beach was founded in 1975.

  • Who are Turtle Beach key executives?

    Turtle Beach's key executives are John Hanson, Juergen Stark and William Keitel.

  • How many employees does Turtle Beach have?

    Turtle Beach has 213 employees.

  • What is Turtle Beach revenue?

    Latest Turtle Beach annual revenue is $234.7 m.

  • What is Turtle Beach revenue per employee?

    Latest Turtle Beach revenue per employee is $1.1 m.

  • Who are Turtle Beach competitors?

    Competitors of Turtle Beach include Razer, GN Store Nord and dBTechnologies.

  • Where is Turtle Beach headquarters?

    Turtle Beach headquarters is located at 12220 Scripps Summit Dr #100, San Diego.

  • Where are Turtle Beach offices?

    Turtle Beach has offices in San Diego, Valhalla and Hampshire.

  • How many offices does Turtle Beach have?

    Turtle Beach has 3 offices.