Turtle Beach: Q1 Earnings Snapshot

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WHITE PLAINS, N.Y. (AP) — WHITE PLAINS, N.Y. (AP) — Turtle Beach Corp (HEAR) on Thursday reported a loss of $6.7 million in its first quarter.

The White Plains, New York-based company said it had a loss of 40 cents per share. Losses, adjusted for non-recurring costs, were 27 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 42 cents per share.

The audio technology company posted revenue of $51.4 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $46.1 million.

Turtle Beach expects full-year revenue in the range of $265 million to $270 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HEAR at https://www.zacks.com/ap/HEAR

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