*By Bridgette Webb*
Turtle Beach is on a roll.
The headset producer unveiled a new line of gaming gear called Atlas that's specifically designed for PC gamers.
"We are doing the same thing in the PC segment that we are doing in the console headset gaming segment for many years," said Turtle Beach CEO Juergen Stark in an interview Thursday on Cheddar. "We've put a lot of effort in making sure the build quality, the audio quality and the mic quality is the best you can get."
The new headset was introduced after the company reported second-quarter results that blew away analysts' expectations. Net revenue, net income, and earnings were higher than any second quarter since the company's 2014 IPO. Turtle Beach reported $60.8 million in revenue for the quarter ー up from $19.1 million the year before.
Stark attributed Turtle Beach's success to cost cutting on one side of its balance sheet and the booming demand for headsets generated by the popularity of battle royale games Fortnite and PUBG.
As promising a year as it's been so far, Stark said international tariffs could hurt sales of the imported Turtle Beach headsets.
"It will effect retail pricing for us, and for everyone in the category if what people are threatening goes through," he said. "I'm hopeful that it doesn't happen, I don't see how increasing the prices for consumers for everything you buy that's electronic is going to help anybody."
When asked how tariffs would affect the price of gaming headsets, Stark offered a matter-of-fact outlook.
"If there is a 10 percent tariff and you are building a product in China, the retail price point is going to go up 10 percent. If it's a 25 percent tariff that's being threatened, the retailer is it going to go up 25 percent."
For more on this story, [click here](https://cheddar.com/videos/turtle-beach-expands-further-into-pc-gaming).
Facebook's latest scandal has raised serious questions about founder and CEO Mark Zuckerberg's oversight of the troubled media giant.
Following an impressive quarterly earnings report, Sonos VP of corporate finance Mike Groeninger told Cheddar about the company's ambitions to move outside the home and become the "world's leading sound experience company."
In a conference call with reporters on Thursday that lasted more than 80 minutes, Mark Zuckerberg declared that an extensive New York Times report about his company's insufficient and self-preserving response to Russian meddling on the platform was "simply untrue."
The New York Times published a bombshell report Wednesday evening detailing how Facebook has navigated public scandals and attacked its critics over the past few years. The stock moved lower Thursday on the news.
With an increasing number of mobility options, putting an end to distracted driving is more urgent than ever. Ryan Luckey, assistant vice president of brand marketing at AT&T, told Cheddar about AT&T's partnership with e-scooter company Bird to keep distracted drivers ー and scooter riders ー off the roads.
The FDA is moving forward with its proposal to restrict sales of most flavored e-cigarettes including popular brand Juul.
Uber released financial statements on Wednesday showing slowed growth and greater losses while the company continues to invest in food delivery, freight, and electric bikes.
Ford and Walmart envision a world in which products are delivered straight to customers' doors ー no driver required. The two titans of industry are teaming up along with Postmates to explore delivery via self-driving cars in Miami-Dade County, Fla.
The former president of Pinterest has a new mission to curb tech addiction. Tim Kendall left his perch as the top business chief of the $12 billion company one year ago and is now the CEO of Moment, a mobile app that aims to teach people how to reduce their phone use.
Sen. Mark Warner (D-Va.) spoke with Cheddar's J.D. Durkin about Amazon's move to Crystal City and what it means for the people of Virginia. "This is both going to be an economic driver and, frankly, put this region more on the map as a tech headquarters," Warner told Cheddar.
Load More