*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).
Cheddar caught up with auto execs at the New York International Auto Show and asked them how many years it will be before people won't need to learn how to drive. Here are their answers.
Sony's PlayStation produces games that are exclusive to the platform, much like the media companies, and that's what keeps gamers loyal, says Asad Qizilbash, the company's Vice President of Marketing. "God of War" is an example of a PS exclusive and the next version comes out on April 20th.
The game's protagonist, Kratos, has evolved and now has a son, which adds depth to the storyline. The playing experience is sharper too, says Asad Qizilbash, PlayStation's Vice President of Marketing. The new "God of War," a PlayStation exclusive, comes out on April 20th.
Fortnite is not only popular but also extremely difficult to win. Janet Rose, who live streams on Twitch as "xChocobars," lives to tell the tale and discusses what it's like to be a female gamer.
The music streaming business is going public on April 3 but, in an unusual move, has opted for a "direct listing", rather than going the traditional route. Cheddar's Nora Ali breaks down what that means, and why it could make for a very exciting market debut.
The video game has become such a cultural phenomenon that even rapper Drake has jumped on the bandwagon. Why? "It's like Hunger Games," says Brandon Davis, Special Assignment Producer at ComicBook.com.
Paul Kermizian, the co-founder of the popular arcade bar, used to collect vintage games as a hobby. By combining that passion with his love of craft beer, he created a multi-location business.
Paul Kermizian, co-founder of the popular Barcade, says vintage games are like a "work of art." The arcade/bar combines 80s games, like Street Fighter and Pacman, with craft beer.
Despite Uber's fatal self-driving car crash last week, the rival ride-hailing app is not slowing down tests of its own autonomous programs, said CBO David Baga. The accident was the first involving a driverless car, which forced Uber to suspend trials of its program.
Messaging app Telegram has raised an additional $850 million for its initial coin offering, according to documents filed with SEC on Thursday. The funding means that Telegram has raised a total of $1.7 billion to date for its ICO.
Load More