Information
– Fourth Quarter Net Revenue Reaches Quarterly Record of $146.1 million, up 47% Year-over-Year – – ...
Original sourceAI Summary
Q4 net revenue reached record $146.1 million, up 47% YoY. Net income for Q4 was $20.1 million, significantly improving YoY. Adjusted EBITDA for Q4 was $35.7 million, up 156% YoY. 2025 guidance targets $68-$72 million Adjusted EBITDA, 21%-28% growth. Turtle Beach's share repurchase program enhanced shareholder value.
Sentiment Rationale
Strong financial performance underscores the growth trajectory. Similar past performance trends led to price increases for tech companies post-earnings.
Trading Thesis
Guidance for 2025 indicates sustained revenue growth; long-term trajectory likely positive.
Market-Moving
- Q4 net revenue reached record $146.1 million, up 47% YoY.
- Net income for Q4 was $20.1 million, significantly improving YoY.
- Adjusted EBITDA for Q4 was $35.7 million, up 156% YoY.
Key Facts
- Q4 net revenue reached record $146.1 million, up 47% YoY.
- Net income for Q4 was $20.1 million, significantly improving YoY.
- Adjusted EBITDA for Q4 was $35.7 million, up 156% YoY.
- 2025 guidance targets $68-$72 million Adjusted EBITDA, 21%-28% growth.
- Turtle Beach's share repurchase program enhanced shareholder value.
Companies Mentioned
- PDP (PDP)
- SONY (SONY)
- MSFT (MSFT)
Earnings
The article highlights record profits and future growth expectations, extremely relevant for TBCH.