SAN DIEGO, Aug. 19, 2020 /PRNewswire/ -- Turtle Beach
(Nasdaq: HEAR), a leading console gaming headset and audio
accessory brand, today 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 data1.
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.
"July 2020 results continue to
demonstrate the strength of the Turtle Beach brand amidst the
backdrop of a record-breaking year for the video game industry,"
said Juergen Stark, CEO, Turtle
Beach. "The continued success of our best-selling Recon
70 series wired headsets, plus our newly revealed
Stealth 700 Gen 2 & Stealth 600 Gen 2 headsets –
remastered versions of our best-selling wireless products for Xbox
and PlayStation® – places us in a prime position to
continue leading 2020 and beyond as the top gaming headset
Turtle Beach's all new Stealth 700 Gen 2 & Stealth 600
Gen 2 are the first cross-generation console headsets
designed to work with Xbox One and Xbox Series X, and
PlayStation®4 and PlayStation®5 2.
They feature wireless connectivity, powerful game sound and clear
chat, unmatched comfort, and a variety of premium features for
$149.95 and $99.95, respectively. Stealth 700 & 600
Gen 2 for Xbox One and Xbox Series X are also compatible
with PCs running Windows 10 and Windows 8.1, while Stealth
700 & 600 Gen 2 for PlayStation are compatible with
Nintendo Switch™3 and will also work on PC. Turtle
Beach's best-selling Recon 70 series
headsets are available in a variety of colors for a MSRP of
$49.95, and are compatible across all
platforms. Whether gaming, working from home, or learning from
home, a Turtle Beach headset will help you perform better.
For more information on Turtle Beach's complete line-up of
gaming headsets visit www.turtlebeach.com and be sure to follow
Turtle Beach on Facebook, Twitter and Instagram.
About Turtle Beach Corporation
Corporation (corp.turtlebeach.com) is one of the world's leading
gaming audio and accessory providers. The Turtle Beach brand
(www.turtlebeach.com) is known for pioneering first-to-market
features and patented innovations in high-quality, comfort-driven
headsets for all levels of gamer, making it a fan-favorite brand
and the market leader in console gaming audio for the last decade.
Turtle Beach's ROCCAT brand (www.roccat.org) combines detail-loving
German innovation with a genuine passion for designing the best PC
gaming products. Under the ROCCAT brand, Turtle Beach creates
award-winning keyboards, mice, headsets, mousepads, and other PC
accessories. Turtle Beach's shares are traded on the Nasdaq
Exchange under the symbol: HEAR.
Cautionary Note on Forward-Looking Statements
This press release includes forward-looking information and
statements within the meaning of the federal securities laws.
Except for historical information contained in this release,
statements in this release may constitute forward-looking
statements regarding assumptions, projections, expectations,
targets, intentions or beliefs about future events. Statements
containing the words "may", "could", "would", "should", "believe",
"expect", "anticipate", "plan", "estimate", "target", "project",
"intend" and similar expressions constitute forward-looking
statements. Forward-looking statements involve known and unknown
risks and uncertainties, which could cause actual results to differ
materially from those contained in any forward-looking statement.
Forward-looking statements are based on management's current
belief, as well as assumptions made by, and information currently
available to, management.
While the Company believes that its expectations are based upon
reasonable assumptions, there can be no assurances that its goals
and strategy will be realized. Numerous factors, including risks
and uncertainties, may affect actual results and may cause results
to differ materially from those expressed in forward-looking
statements made by the Company or on its behalf. Some of these
factors include, but are not limited to, market acceptance of
next-generation videogame consoles, risks related to the Company's
liquidity, the substantial uncertainties inherent in the acceptance
of existing and future products, the difficulty of commercializing
and protecting new technology, the impact of competitive products
and pricing, general business and economic conditions, risks
associated with the expansion of our business including the
implementation of any businesses we acquire, our indebtedness, the
outcome of our HyperSound strategic review process and other
factors discussed in our public filings, including the risk factors
included in the Company's most recent Quarterly Report on
Form 10-Q, the Company's most recent Annual Report on Form 10-K,
and the Company's other periodic reports. Except as required by
applicable law, including the securities laws of the United States and the rules and
regulations of the Securities and Exchange Commission, the Company
is under no obligation to publicly update or revise any
forward-looking statement after the date of this release whether as
a result of new information, future developments or otherwise.
All trademarks are the property of their respective owners.
1Source: The NPD Group/Retail Tracking
Service/Video Games/Dollars and Units/US and Canada/July
2Sony has indicated that PS4™ headsets will be
compatible with PS5™. Turtle Beach anticipates the Company's
Stealth 700 Gen 2 and Stealth 600 Gen 2 wireless gaming headsets
will be compatible with the upcoming system.
3Stealth 700 Gen 2 and Stealth 600 Gen 2 for
PlayStation are compatible with Nintendo Switch™ while in docked
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SOURCE Turtle Beach Corporation