Turtle Beach Corporation

NasdaqGM:HEAR Stock Report

Market Cap: US$339.7m

Turtle Beach Management

Management criteria checks 3/4

Turtle Beach's CEO is Cris Keirn, appointed in Jul 2023, has a tenure of 1.42 years. total yearly compensation is $1.21M, comprised of 32.1% salary and 67.9% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth $603.18K. The average tenure of the management team and the board of directors is 4.9 years and 2 years respectively.

Key information

Cris Keirn

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage32.1%
CEO tenure1.4yrs
CEO ownership0.2%
Management average tenure4.9yrs
Board average tenure2yrs

Recent management updates

Recent updates

Turtle Beach (NASDAQ:HEAR) Is Reinvesting At Lower Rates Of Return

Dec 19
Turtle Beach (NASDAQ:HEAR) Is Reinvesting At Lower Rates Of Return

Shareholders Will Be Pleased With The Quality of Turtle Beach's (NASDAQ:HEAR) Earnings

Nov 14
Shareholders Will Be Pleased With The Quality of Turtle Beach's (NASDAQ:HEAR) Earnings

Turtle Beach Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Nov 10
Turtle Beach Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Turtle Beach: Overlooked, Repositioned Company With Growth Tailwinds

Oct 27

Turtle Beach (NASDAQ:HEAR) Takes On Some Risk With Its Use Of Debt

Oct 17
Turtle Beach (NASDAQ:HEAR) Takes On Some Risk With Its Use Of Debt

Investors Aren't Entirely Convinced By Turtle Beach Corporation's (NASDAQ:HEAR) Revenues

Sep 08
Investors Aren't Entirely Convinced By Turtle Beach Corporation's (NASDAQ:HEAR) Revenues

Turtle Beach: Sell Into The Stock Buyback Program

Aug 13

Is Turtle Beach (NASDAQ:HEAR) A Risky Investment?

Jul 16
Is Turtle Beach (NASDAQ:HEAR) A Risky Investment?

Turtle Beach: Starting On A Solid Note With PDP

May 28

News Flash: Analysts Just Made A Captivating Upgrade To Their Turtle Beach Corporation (NASDAQ:HEAR) Forecasts

Mar 15
News Flash: Analysts Just Made A Captivating Upgrade To Their Turtle Beach Corporation (NASDAQ:HEAR) Forecasts

Earnings Update: Turtle Beach Corporation (NASDAQ:HEAR) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts

Aug 11
Earnings Update: Turtle Beach Corporation (NASDAQ:HEAR) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts

Continuing To Avoid Turtle Beach

Oct 10

CEO Compensation Analysis

How has Cris Keirn's remuneration changed compared to Turtle Beach's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$5m

Jun 30 2024n/an/a

-US$2m

Mar 31 2024n/an/a

-US$11m

Dec 31 2023US$1mUS$390k

-US$18m

Sep 30 2023n/an/a

-US$49m

Jun 30 2023n/an/a

-US$58m

Mar 31 2023n/an/a

-US$60m

Dec 31 2022n/an/a

-US$60m

Sep 30 2022n/an/a

-US$32m

Jun 30 2022n/an/a

-US$17m

Mar 31 2022n/an/a

US$2m

Dec 31 2021n/an/a

US$18m

Sep 30 2021n/an/a

US$29m

Jun 30 2021n/an/a

US$45m

Mar 31 2021n/an/a

US$51m

Dec 31 2020n/an/a

US$39m

Sep 30 2020n/an/a

US$43m

Jun 30 2020n/an/a

US$22m

Mar 31 2020n/an/a

US$11m

Dec 31 2019n/an/a

US$18m

Sep 30 2019n/an/a

US$22m

Jun 30 2019n/an/a

US$40m

Mar 31 2019n/an/a

US$40m

Dec 31 2018n/an/a

US$39m

Sep 30 2018n/an/a

US$29m

Jun 30 2018n/an/a

US$13m

Mar 31 2018n/an/a

US$9m

Dec 31 2017US$455kUS$275k

-US$3m

Compensation vs Market: Cris's total compensation ($USD1.21M) is below average for companies of similar size in the US market ($USD2.16M).

Compensation vs Earnings: Cris's compensation has been consistent with company performance over the past year.

CEO

Cris Keirn (53 yo)

1.4yrs

Tenure

US$1,213,482

Compensation

Mr. Cristopher Keirn also known as Cris, serves as Chief Executive Officer at Turtle Beach Corporation since March 13, 2024 and serves as its Director since March 13, 2024 and served as its Interim CEO &...

Leadership Team

NamePositionTenureCompensationOwnership
Cristopher Keirn
CEO & Director1.4yrsUS$1.21m0.18%
$ 603.2k
John Hanson
CFO, Treasurer & Secretary11.3yrsUS$1.13m0.34%
$ 1.2m
Jose Rosado
Senior Vice President of Global Operations7.6yrsno datano data
Joe Stachula
CTO & Senior VP of Product Development6.9yrsno datano data
Megan Wynne
General Counsel7.8yrsno datano data
MacLean Marshall
Senior Director of PR & Communicationsno datano datano data
Ryan Dell
Senior Vice President of Global Marketing4.9yrsno datano data
Drew Johnson
Senior Vice President of Global Salesless than a yearno datano data
Matt Seymour
Senior Vice President of Product Management4.9yrsno datano data
Tom Roberts
Chief Strategy Officerless than a yearno datano data

4.9yrs

Average Tenure

Experienced Management: HEAR's management team is considered experienced (4.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Cristopher Keirn
CEO & Directorless than a yearUS$1.21m0.18%
$ 603.2k
Andrew Wolfe
Independent Director12.8yrsUS$165.72k0.44%
$ 1.5m
Lloyd Ballard
Independent Director7.7yrsUS$163.20k0.19%
$ 662.0k
Katherine Scherping
Independent Director2.6yrsUS$170.91k0.11%
$ 386.5k
Terry Jimenez
Independent Non-Executive Chairman2.2yrsUS$188.87k0.25%
$ 846.2k
David Muscatel
Directorless than a yearno datano data
Julia Sze
Independent Director2yrsUS$158.10k0.13%
$ 430.5k
William Wyatt
Independent Director1.6yrsUS$129.76k0.50%
$ 1.7m
Elizabeth Bush
Independent Directorless than a yearno data0.024%
$ 81.3k

2.0yrs

Average Tenure

57yo

Average Age

Experienced Board: HEAR's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 01:28
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Turtle Beach Corporation is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas ForteD.A. Davidson & Co.
Mark ArgentoLake Street Capital Markets, LLC
Jack Vander AardeMaxim Group