*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).
GalaPro is bringing technology to the theater space. The company has launched a mobile app that does closed-captioning from any phone in the theater and is officially in the Shubert Theaters in NYC.
SpaceX has officially launched the Falcon Heavy. This is the world's most powerful rocket and the launch captivated many around the world.
Private equity firm Privateer Holdings is looking to pioneer the future of the legal cannabis industry. The company closed a $100 Million funding round in January to further its investment in cannabis start-ups. Privateer Holdings CEO Brendan Kennedy describes how the company is planning to use this new surge in funding.
Space X's Falcon Heavy launched into space Tuesday afternoon. Teslarati's launch photographer Tom Cross set the scene from the launch site.
Snap reports earnings after the Closing Bell Tuesday. CFRA's Director of Equity Research Scott Kessler explains his predictions for the social media company's quarterly report.
After two straight days of sell-offs, the major indexes waffled on Wall Street Tuesday. Axios Business Editor Dan Primack explains the factors potentially driving this market volatility.
This Changes Things: Advice for the executives and leaders of tomorrow, brought to you by American Express OPEN. On Between Bells: Falcon Heavy launch, Olympic preview, and more. With Bacardi, FHM, and Entrepreneur.
After years of anticipation, SpaceX is supposed to launch its first ever Falcon Heavy rocket today, but strong winds could put a dent in the company's plans. Mary Beth Griggs from Popular Science explains what's causing the delay.
The stock market seems to bounce back slightly following the biggest one-day drop ever recorded for the Dow and S&P 500. The Falcon Heavy is finally scheduled to launch today. Lululemon's CEO is resigning. Plus, it's our weekly trading show, The Long and the Short.
Ben Anderson, CEO and co-founder of Amino Apps, discusses the growth of his company and the app's impressive user statistics. Amino Apps allows users to create an online community dedicated to one topic.
Load More