Turtle Beach Q3 EPS $(0.21) Beats $(0.25) Estimate, Sales $59.16M Beat $53.57M Estimate
Portfolio Pulse from bharat@benzinga.com
Turtle Beach (NASDAQ:HEAR) reported Q3 losses of $(0.21) per share, beating the analyst consensus estimate of $(0.25) by 16 percent. This is a 55.32 percent increase over losses from the same period last year. The company also reported quarterly sales of $59.16 million, beating the analyst consensus estimate of $53.57 million by 10.43 percent, a 15.31 percent increase over sales from the same period last year.
November 07, 2023 | 9:16 pm
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POSITIVE IMPACT
Turtle Beach's Q3 results beat analyst estimates, with losses per share and sales both outperforming expectations. This could potentially lead to a positive market reaction.
Turtle Beach's Q3 results exceeded analyst estimates, both in terms of losses per share and sales. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100