*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).
Jesse Dorogusker, the company's Hardware Lead, said the new device fits the mission to meet the needs of a broader array of vendors. The launch comes about a week after CFO Sarah Friar said she was leaving the company to become CEO of social networking site Nextdoor.
JT Genter, senior points and miles writer at The Points Guy, strapped in for the newly-revived, 18-hour direct flight between Singapore and Newark, NJ, on Singapore Airlines. He told us how he coped with what is now the longest flight in the world.
The economic opportunity for bitcoin has breathed new life into a previously retired aluminum plant in Massena, New York. Cheddar visited Coinmint to get a look inside one of the world's largest bitcoin mining operations.
Popular courier service Postmates is interviewing banks with the intention of going public in early 2019, according to the Wall Street Journal's Maureen Farrell. It's part of a changing dynamic, where red-hot tech companies are now racing to market, rather than waiting.
The worst data breach in Facebook's history was likely done by spammers, not a foreign state, according to a report. Whether that's any comfort to the tens of millions of people whose personal information ー including names, emails, religious affiliations, and locations ー was accessed in the wide-ranging attack remains to be seen.
Michael Pachter, managing director of equity research at Wedbush Securities, isn't buying into the Netflix hype even after the good Q3 earnings.
Discord, initially a popular app for in-game messaging, is launching a store with hundreds of games users can access for a monthly fee. Jason Citron, co-founder and CEO of Discord, said the company's growth is a "side effect" of gaming becoming more social.
MedMen, which just completed the largest pot-related acquisition to date in America, is preparing for the day when American drug laws catch up, said spokesman Daniel Yi.
Atari, the popular French gaming company, is now open to investments from U.S. investors through its new affiliation with with Nasdaq International. Frederic Chesnais, CEO of Atari, told Cheddar about the partnership.
Loren Padelford, Shopify vice president and general manager, had spent Wednesday morning monitoring the cannabis transactions taking place on Canadian Shopify-powered sites and said the demand was outpacing even his company's bullish forecasts.
Load More