Turtle Beach CORP

Market Movers (8-K)

Turtle Beach Corporation shareholders re-elected six directors and ratified the appointment of Ernst & Young LLP as the company's independent auditor.
Turtle Beach Corporation has appointed Andrew Clipsham as Interim CFO, succeeding Mark Weinswig, and reaffirmed its full-year 2026 financial guidance.
Turtle Beach Corporation has closed a new credit facility, including an $85 million term loan and an $80 million ABL facility, to enhance financial flexibility and support its share repurchase program.
Turtle Beach Corporation has appointed Lee Haspel and Daniela Kelley to its Board of Directors, fulfilling commitments from a March 2026 cooperation agreement.
Capital raise
Turtle Beach Corporation announced its fourth quarter and full year 2025 financial results, reporting net revenue and Adjusted EBITDA below guidance despite improved gross margins.
Worse than expected
Turtle Beach Corporation has entered into a cooperation agreement with activist investor The Donerail Group, leading to board expansion and new director appointments.

Quarterly Earnings (10-Q)

Turtle Beach reports a net loss of $15.2 million for Q1 2026 amid softer market demand and macroeconomic headwinds.
Worse than expected
Capital raise
Turtle Beach Corporation reported a revenue decline in Q3 2025 but improved gross margin and operating income for the nine-month period, while refinancing its debt and continuing share repurchases.
Capital raise
Worse than expected
Turtle Beach Corporation reported a significant revenue decrease in the second quarter of 2025 due to lower market demand for gaming accessories, despite improvements in gross margin and net loss.
Worse than expected
Capital raise
Turtle Beach Corporation's Q1 2025 shows increased revenue driven by the PDP acquisition, improved gross margins, and a net loss, with ongoing efforts to integrate PDP and manage market risks.
Turtle Beach Corporation's Q3 2024 results show significant revenue growth and improved gross margins, primarily driven by the acquisition of Performance Designed Products (PDP) and overall market expansion.
Better than expected
Turtle Beach Corporation's Q2 2024 results show significant revenue growth driven by the acquisition of Performance Designed Products (PDP) and improvements in gross margin.
Better than expected

Annual Reports (10-K)

Turtle Beach Corporation reported a 14.2% revenue decline in 2025, offset by improved gross margins and operating income, while addressing internal control weaknesses and ongoing legal challenges.
Worse than expected
Turtle Beach Corporation's 2024 annual report highlights revenue growth driven by the acquisition of Performance Designed Products (PDP) and improved operating leverage.
Worse than expected
Turtle Beach Corporation's 2023 annual report showcases increased revenue, earnings, and adjusted EBITDA, driven by strong performance in console headsets and simulation products.
Better than expected
Capital raise

Insider Trading (Form 4)

Director Katherine Scherping sold a total of 8,845 shares of Turtle Beach Corporation common stock across multiple transactions in late May 2026.
CFO Mark Weinswig acquired 6,688 shares of Turtle Beach Corporation through the vesting of restricted stock units.
General Counsel Megan S. Wynne reported the vesting of performance stock units and the acquisition of new equity awards in Turtle Beach Corporation.
CEO Cris Keirn acquired 4,266 shares of Turtle Beach Corporation common stock through the vesting of performance stock units.
Director Lee Haspel acquired 13,880 shares of Turtle Beach Corporation common stock via a restricted stock grant.
Director Daniela Kelley acquired 13,880 restricted shares of Turtle Beach Corporation common stock as part of an equity compensation grant.

Proxy Statements (Def-14A)

Turtle Beach Corporation has issued its 2026 proxy statement detailing the upcoming virtual annual meeting, director elections, and executive compensation advisory vote.
Worse than expected
Capital raise
Turtle Beach Corporation's upcoming virtual annual meeting on June 3, 2025, will address director elections, auditor ratification, executive compensation, and stock plan amendments.
Turtle Beach Corporation is holding its 2025 Annual Meeting of Stockholders virtually on June 3, 2025, to vote on director elections, auditor ratification, executive compensation, and an amendment to the company's stock-based incentive plan.
Better than expected
Turtle Beach Corporation announces its 2024 Virtual Annual Meeting to be held on June 11, 2024, outlining key voting items for stockholders.
Turtle Beach Corporation will hold its 2024 Annual Meeting of Stockholders virtually on June 11, 2024, to vote on the election of directors, ratification of the independent auditor, and executive compensation.
Better than expected

Schedule 13D - Activist Investments

A group of investors led by J. Hale Hoak has disclosed a 5.17% beneficial ownership in Turtle Beach Corp, expressing concerns over the company's persistent undervaluation and stock performance.
Worse than expected
A major investor, DC VGA LLC, reduced its stake in Turtle Beach Corporation by selling 1.39 million shares, including a significant buyback by the company.
Better than expected

Schedule 13G - Passive Investments

Investor Albert Rabil has filed a Schedule 13G reporting beneficial ownership of 1,435,000 shares of Turtle Beach Corporation common stock.
Morgan Stanley and its subsidiary, Morgan Stanley Capital Services LLC, have filed a Schedule 13G, reporting beneficial ownership of 5.9% and 5.8% of Turtle Beach Corp. common stock, respectively, as of March 31, 2026.
The Vanguard Group has filed an amended Schedule 13G, reporting zero beneficial ownership in Turtle Beach Corp common stock following an internal realignment.
The Vanguard Group has filed an amended Schedule 13G, disclosing a passive beneficial ownership of 4.77% in Turtle Beach Corp.
Albert Rabil, CEO of Kayne Anderson Capital Advisors, L.P., has reported beneficial ownership of 8.25% of Turtle Beach Corp's common stock, totaling 1,635,000 shares.
A group of investors, including Linmar Capital Fund, LP and Garnet Equity Capital Holdings, Inc., disclosed an 8.2% beneficial ownership stake in Turtle Beach Corporation.