Turtle Beach Lowers FY2025 Sales Guidance from $395.00M-$405.00M to $340.00M-$360.00M vs $400.16M Est
Benzinga Newsdesk 1 year ago
NewsGuidance
Financial OutlookDue to the ongoing macroeconomic uncertainty and the recent industry announcements regarding new game releases, the Company is revising its financial outlook for the full year 2025. The Company currently
Financial Outlook
Due to the ongoing macroeconomic uncertainty and the recent industry announcements regarding new game releases, the Company is revising its financial outlook for the full year 2025. The Company currently expects gaming accessories markets to improve throughout 2025 but remain down for the full year compared to 2024, resulting in Company net revenues in the range of $340 million and $360 million. As the Company continues to execute on its profitability initiatives, it currently expects Adjusted EBITDA to be between $47 million and $53 million.