Turtle Beach (NASDAQ:TBCH) Releases Quarterly Earnings Results, Misses Expectations By $0.11 EPS

Turtle Beach (NASDAQ:TBCH) posted its quarterly earnings data on Thursday. The company reported $1.00 earnings per share for the quarter, missing the consensus estimate of $1.11 by ($0.11), Zacks reports. Turtle Beach had a net margin of 1.41% and a return on equity of 9.18%.

Turtle Beach Price Performance

TBCH opened at $14.29 on Friday. Turtle Beach has a 1-year low of $12.10 and a 1-year high of $19.50. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.26 and a quick ratio of 0.60. The company 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 Company Profile

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.