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Technology Stocks : Turtle Beach Corp
HEAR 18.86+7.8%May 17 3:59 PM EDT

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From: Savant8/12/2015 6:28:15 PM
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  • Juergen Stark discloses he bought 46.5K Turtle Beach ( HEAR -1.8%) shares at $2.15 yesterday, bringing his total stake to 86.5K.
  • The purchase followed the gaming headset maker's Aug. 6 Q2 miss. In spite of the Q2 shortfall, Turtle Beach has reiterated guidance for full-year headset revenue to be roughly flat Y/Y, and for an 8%-9% adjusted EBITDA margin. Aided by seasonality, revenue is expected to rise to $30M-$35M in Q3 from Q2's $22.6M.
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