WHITE PLAINS, N.Y. (AP) — WHITE PLAINS, N.Y. (AP) — Turtle Beach Corp (TBCH) on Thursday reported net income of $20.1 million in its fourth quarter.
On a per-share basis, the White Plains, New York-based company said it had profit of 95 cents. Earnings, adjusted for costs related to mergers and acquisitions, were $1 per share.
The audio technology company posted revenue of $146.1 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $154.1 million.
For the year, the company reported profit of $16.2 million, or 78 cents per share. Revenue was reported as $372.8 million.
Turtle Beach expects full-year revenue in the range of $395 million to $405 million.
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