turtle beach corporation (http://corp.turtlebeach.com) designs innovative, market-leading audio products. under its award-winning turtle beach brand (www.turtlebeach.com), the company is the clear market share leader with its wide selection of acclaimed gaming headsets for use with xbox one and playstation®4, as well as personal computers and mobile/tablet devices. under the hypersound brand (www.hypersound.com), the company markets pioneering directed audio solutions that have applications in digital signage and kiosks, consumer electronics and hearing healthcare. the company's shares are traded on the nasdaq exchange under the symbol: hear.
Company profile
Ticker
HEAR
Exchange
Website
CEO
Juergen Stark
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Iridium Communications • Esco • Lumentum • UTStarcom • Inseego • Senstar Technologies • Iteris • NAPCO Security • PowerFleet • Vocera Communications ...
Former names
Parametric Sound Corp
SEC CIK
Corporate docs
Subsidiaries
VTB Holdings, Inc. • Voyetra Turtle Beach, Inc. • TBC Holding Company LLC • Turtle Beach Europe Limited • TB Germany GmbH ...
IRS number
272767540
HEAR stock data
Latest filings (excl ownership)
8-K
Amendments to Articles of Incorporation or Bylaws
23 Apr 24
8-K
Departure of Directors or Certain Officers
22 Apr 24
SC TO-C
Information about tender offer
18 Mar 24
8-K
Turtle Beach Announces Transformational Acquisition of PDP and Intention to Launch Reverse Dutch Tender Auction
18 Mar 24
10-K
2023 FY
Annual report
13 Mar 24
8-K
Turtle Beach Announces Fourth Quarter and Full Year 2023 Earnings Results
13 Mar 24
S-8
Registration of securities for employees
13 Mar 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Turtle Beach Announces Strong Q3 FY2023 Earnings Results
7 Nov 23
10-Q
2023 Q2
Quarterly report
7 Aug 23
Transcripts
HEAR
Earnings call transcript
2023 Q4
13 Mar 24
HEAR
Earnings call transcript
2023 Q3
7 Nov 23
HEAR
Earnings call transcript
2023 Q2
7 Aug 23
HEAR
Earnings call transcript
2023 Q1
4 May 23
HEAR
Earnings call transcript
2022 Q4
13 Mar 23
HEAR
Earnings call transcript
2022 Q3
4 Nov 22
HEAR
Earnings call transcript
2022 Q2
9 Aug 22
HEAR
Earnings call transcript
2022 Q1
5 May 22
HEAR
Earnings call transcript
2021 Q4
3 Mar 22
HEAR
Earnings call transcript
2021 Q3
5 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 12.34 mm | 12.34 mm | 12.34 mm | 12.34 mm | 12.34 mm | 12.34 mm |
Cash burn (monthly) | 1.15 mm | (no burn) | 1.04 mm | 2.83 mm | 5.42 mm | (no burn) |
Cash used (since last report) | 7.88 mm | n/a | 7.10 mm | 19.42 mm | 37.19 mm | n/a |
Cash remaining | 4.46 mm | n/a | 5.24 mm | -7.08 mm | -24.85 mm | n/a |
Runway (months of cash) | 3.9 | n/a | 5.1 | -2.5 | -4.6 | n/a |
Institutional ownership, Q3 2023
87.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 111 |
Opened positions | 9 |
Closed positions | 26 |
Increased positions | 35 |
Reduced positions | 29 |
13F shares | Current |
---|---|
Total value | 98.89 bn |
Total shares | 15.47 mm |
Total puts | 1.61 mm |
Total calls | 2.87 mm |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 1.14 mm | $10.36 bn |
Vanguard | 925.19 k | $8.40 bn |
Vinik Family Investments | 886.98 k | $16.77 mm |
Toro 18 | 847.09 k | $9.71 mm |
Hawkeye Capital Management | 746.37 k | $6.77 bn |
Caption Management | 703.31 k | $6.38 bn |
SG VTB | 687.57 k | $10.37 mm |
CC Capital | 660.00 k | $11.73 mm |
AWM Investment | 577.39 k | $5.24 bn |
Donerail | 535.87 k | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Sze Julia | Common Stock | Grant | Acquire A | No | No | 6988 | 6,988 | 48.83 mm | 25,441 |
1 Apr 24 | Michelle D Wilson | Common Stock | Grant | Acquire A | No | No | 0 | 6,988 | 0.00 | 35,345 |
1 Apr 24 | Terry Jimenez | Common Stock | Grant | Acquire A | No | No | 0 | 6,988 | 0.00 | 33,539 |
1 Apr 24 | William Z Wyatt | Common Stock | Grant | Acquire A | No | No | 0 | 6,988 | 0.00 | 51,783 |
1 Apr 24 | Katherine Lee Scherping | Common Stock | Grant | Acquire A | No | No | 0 | 6,988 | 0.00 | 22,845 |
News
12 Information Technology Stocks Moving In Thursday's Pre-Market Session
11 Apr 24
12 Information Technology Stocks Moving In Tuesday's After-Market Session
9 Apr 24
Turtle Beach Modifies Previously Communicated Near-Term Return Of Capital Plan; Increases Share Repurchase Authorization To $55M, Including The $8.4M Already Acquired Under Program
9 Apr 24
12 Information Technology Stocks Moving In Thursday's Pre-Market Session
4 Apr 24
Lake Street Maintains Buy on Turtle Beach, Raises Price Target to $26
18 Mar 24
Press releases
Turtle Beach Corporation to Report First Quarter 2024 Financial Results on Tuesday, May 7, 2024
23 Apr 24
Best-Selling Gaming Accessory Brand Turtle Beach Unveils New Gaming Headsets, Keyboards, & Mice Launching May 2024
18 Apr 24
Turtle Beach Announces Update on Its Return of Capital Strategy to Shareholders
9 Apr 24
PDP's RIFFMASTER Shreds Through Pre-Orders
26 Mar 24
PDP's RIFFMASTER Pre-orders Start Now!
21 Mar 24