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Turtle Beach (HEAR) - 2024 Q3 - Quarterly Results
HEARTurtle Beach (HEAR)2024-11-07 21:30

Exhibit 99.1 TURTLE BEACH CORPORATION ANNOUNCES THIRD QUARTER 2024 RESULTS AND RAISES FULL YEAR OUTLOOK – Third Quarter Net Revenue of 94.4million,up6094.4 million, up 60% Year-over-Year – – Net Income was 3.4 million compared to a Net Loss of (3.6)inprioryear––AdjustedEBITDAwas3.6) in prior year – – Adjusted EBITDA was 16.3 million compared to 1.0inprioryear––RaisingFullYear2024EBITDAGuidanceAgainonContinuedExecutionStrength––Repurchased1.0 in prior year – – Raising Full Year 2024 EBITDA Guidance Again on Continued Execution Strength – – Repurchased 10.1 Million of Common Shares in the Third Quarter – WHITE PLAINS, N.Y. – November 7, 2024 – T ...