*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).
In this edition of Perspectives on Agility, brought to you by AT&T Business, Tim Stenovec and Hope King explain the benefits of using IoT in the manufactuering process.
In this week's episode of "Perspectivies on Agility" sponsored by AT&T Travis Farral, Director of Security Strategy at Anomali, joins to discuss what company's can do before, during and after a cybersecurity hack.
Over the course of just 24 hours, global cryptocurrencies lost $60 billion in value. Plus, Playboy is the lastest company to get in on the crypto action.
Danny Aranda, managing director at Ripple, told Cheddar that Google's ad ban and other regulations could actually help weed out the frauds and educate the general public on cryptocurrencies.
Google is banning all ads related to cryptocurrency. Students across the country are walking out of class today to remember victims of the school shooting in Parkland, Florida. Kai Ryssdal, host and senior editor of Marketplace, stops by to talk about the upcoming 10 year anniversary of the financial crisis. And we're joined by the co-owner of McClure's, a company that specializes in making pickles.
DRL CEO Nicholas Horbaczewski says there's a league of professional drone pilots, and as the sport gains momentum more brands want in. The luxury carmaker is just one of them.
The fantasy sports platform is already building out a product that would allow sports betting, pending a decision from the Supreme Court, says DraftKings CEO Jason Robins.
Rex Tillerson is out as Secretary of State and CIA director Mike Pompeo is in. President Trump issued an executive order blocking Broadcom's hostile takeover bid for rival chipmaker Qualcomm. Olympic gold medalist and author Scott Hamilton joins us to talk about his figure skating career and his new book. Plus, Kristen Scholer sits down with Brooklyn Decker and Whitney Casey at SXSW to talk about their start-up Finery.
Payments processing system WePay wants to help TouchBistro, a restaurant point of service platform, shake up an industry where innovation has been limited, says Bill Clerico, CEO of WePay.
The company's inventory is constantly moving and it needs data and technology to keep its operations seamless. In fact, the company "doesn't exist without technology," says Josh Builder, CTO at RTR.
