Turtle Beach Corp TBCH

Technology Computer Systems

Turtle Beach Corporation is an audio and gaming technology company. The Company is engaged in developing, commercializing, and marketing products under the Turtle Beach and ROCCAT brands. The Company is a provider of headset solutions for use across multiple platforms, including video game and entertainment consoles, handheld consoles, personal computers (PC), tablets and mobile devices. Its PC peripherals brand, ROCCAT, creates PC gaming keyboards, mice and other gaming accessories focused on the PC gaming market. The Turtle Beach brand has a market of gaming headsets with a portfolio of headsets for Xbox, PlayStation, and Nintendo consoles, as well as for PCs and mobile/tablet devices. It also includes the Neat Microphones brand, which creates, manufactures, and sells digital universal serial bus (USB) and analog microphones for streamers and content creators. Its subsidiaries include VTB Holdings, Inc., Voyetra Turtle Beach, Inc., Turtle Beach Europe Limited and PDP France SARL.

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Turtle Beach Corp

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Post by AviseAnalyticson Jun 06, 2024 9:08am

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TURTLE BEACH:MAKING WAVES IN THE GAMING ACCESSORIES INDUSTRY

$HEAR

Excited to share an article about Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming accessories brand. The Turtle Beach® brand has been the market share leader in console gaming headsets for 14 years running, with a vast portfolio of headsets designed to be compatible with the latest Xbox, PlayStation, and Nintendo consoles, as well as for personal computers (PCs) and mobile/tablet devices.

For FY24, Turtle Beach expects 43%—47% revenue increases compared to FY23. The Company has long-term goals of a 10%+ revenue CAGR and a mid-30 gross margin percentage. At the same time, it is focused on driving a mid-teens percentage for Adjusted EBITDA margins—this makes Turtle Beach an interesting watch.

Read on to know more:

https://www.aviseanalytics.com/turtle-beach-making-waves-in-the-gaming-accessories-industry/

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