SAN DIEGO (AP) — SAN DIEGO (AP) — Turtle Beach Corp (TBCH) on Thursday reported a loss of $2.9 million in its second quarter.
On a per-share basis, the San Diego-based company said it had a loss of 14 cents.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.
The audio technology company posted revenue of $56.8 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $57.2 million.
Turtle Beach expects full-year revenue in the range of $340 million to $360 million.
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