Turtle Beach (HEAR), a top maker of headsets for video game players, late Monday crushed Wall Street's estimates for the second quarter. It also raised its outlook for the full year.
XThe San Diego-based company earned 40 cents a share on sales of $60.8 million in the June quarter. Analysts expected it to lose 2 cents a share on sales of $47.9 million. In the year-ago period, it lost 56 cents a share on sales of $19.1 million.
Turtle Beach stock dipped a fraction in after-hours trading on the stock market today. During the regular session, it fell 6.1% to 30.35. Turtle Beach stock hit a four-year high of 32.60 on Friday.
Details to follow.
The post Headset Maker Turtle Beach Smashes Quarterly Views, Guides Higher appeared first on Investor's Business Daily.
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