Category: Timeline Stories

2020

January 9, 2025

Turtle Beach announced that its Stealth 600 Gen 2 and Stealth 700 Gen 2 wireless gaming headsets for Xbox and PlayStation® are the top-selling wireless console headsets in North America for the month of October according to NPD. Successors to the original best-selling Stealth models, Stealth 600 & 700 Gen 2 headsets hit retail shelves by September, with October representing the first full month of sales data for three of the four models, and Turtle Beach’s Stealth 600 & 700 Gen 2s for Xbox were the #1 and #2 selling console headsets in the month. Further, the Stealth 600 Gen 2 for Xbox debuted as the #1 wireless headset in its first month of availability, looking to continue the trend of its predecessor which was the overall top-selling wireless headsets in 2018, 2019, and YTD 2021.

2020

January 9, 2025

Turtle Beach Reports record third quarter 2020 results. Net revenue in the third quarter of 2020 increased 140.8% to $112.5 million compared to $46.7 million in the year-ago quarter. The Company’s strong performance in the third quarter was due to increased demand from a continued surge in gaming activity, resulting from stay-at-home orders which increased gaming among existing gamers and caused an influx of new and lapsed gamers. In addition, the Company’s ability to significantly increase its production and delivery capacity and execute well at retail allowed the Company to gain further market share and achieve the significantly higher revenues.

2020

January 9, 2025

ROCCAT launches the ridiculously fast TITAN optical switch in the new Vulcan Pro and Vulcan TKL Pro PC gaming keyboards and the Burst Pro PC gaming mouse. ROCCAT’s Pro products featured the brand’s all-new Titan Optical Switch – groundbreaking technology that registers response rates over 100 times faster than standard mechanical switches and offers double the lifespan with 100 million clicks. The all-new Burst Pro PC gaming mouse also takes advantage of the Titan Optical Switch technology to register mouse clicks faster than the competition.

2020

January 9, 2025

ROCCAT launches the Elo headsets offering PC gamers the perfect blend of ROCCAT’s award-winning German design and innovation with Turtle Beach’s unrivaled audio expertise and exclusive technologies. There are three different Elo headsets for PC gamers to choose from – the Elo 7.1 Air wireless surround sound headset, the Elo 7.1 USB surround sound headset, and the Elo X Stereo headset. The Elo Air and 7.1 USB feature robust 7.1 channel surround sound, Variable Mic Monitoring, and ROCCAT’s AIMO intelligent lighting, and the Elo 7.1 Air adds Turtle Beach’s Superhuman Hearing® sound setting for a competitive advantage.

2020

January 9, 2025

Turtle Beach reports retail console gaming headset sales in NA set a record for July. Turtle Beach revealed the Company’s July 2020 retail sales in North America were the highest July sales in its history, in both revenue and units, according to NPD July 2020 sales data. Turtle Beach also recorded its highest unit share ever for a July, with over 50% of all console headsets sold in North America in July 2020 being from Turtle Beach.

2020

January 9, 2025

Turtle Beach reports record second quarter 2020 results. Net revenue in the second quarter of 2020 increased 93% to $79.7 million compared to $41.3 million in the year-ago quarter. The Company’s strong performance in the second quarter was due to increased demand from a continued surge in gaming activity, resulting from stay-at-home orders which increased gaming among existing gamers and caused an influx of new and lapsed gamers. In addition, the Company’s ability to significantly increase its production and delivery capacity allowed it to achieve the higher revenues and gain market share.

2020

January 9, 2025

Turtle Beach announced it was joining the broad-market RUSSELL 3000(R) Index on June 29, 2020. The annual Russell Indexes reconstitution captures the 4,000 largest US stocks as of May 8, 2020, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the small-cap Russell 2000® Index, as well as the appropriate growth and value style indexes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

2020

January 9, 2025

In May 2020, NPD confirmed sales of gaming headsets hit record levels for the prior month of April. For the month of April 2020, all 7 top-selling headsets, and 8 of the top-10 best-selling headsets YTD in 2020 were from Turtle Beach. Turtle Beach’s wired Recon 70 for Xbox is the best-selling gaming headset by units for April 2020 and YTD in 2020, while the wireless Stealth 600 for Xbox continued as the best-selling headset by revenue YTD in 2020 (at the time).

2020

January 9, 2025

According to NPD data from 2010-2019, Turtle Beach sold the most headsets both in terms of revenue and units. At this point in time, Turtle Beach has sold almost 35 million gaming headsets. Additionally, NPD data for the full year of 2019 showed Turtle Beach had maintained 40% or more revenue share of the gaming headset market for the 10th consecutive year, a near unheard of feat. For comparison, this amount of market share consistently places Turtle Beach at a market share level higher than the next four competitors combined (at the time).

2019

January 9, 2025

ROCCAT launches the Kone Pure Ultra PC gaming mouse. ROCCAT’s original Kone Pure had become a mouse of choice for many performance-focused gamers, and the Kone Pure Ultra saw that fan-favorite mouse reborn with the latest tech and a new ultra lightweight design.