*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).
The Girl Scouts of the USA is launching its first-ever STEM education initiative for middle and high-school students. CEO Sylvia Acevedo joins Cheddar to discuss what the newly-enrolled girls will get to experience when they sign up for the program.
Lea Artz, Head of Newsroom and Central Operations for Citizen, explains how the new app works. Citizen pushes an alert to your phone when there's an emergency in your area.
Stephanie Ericksen, Vice President of Global Risk Products for Visa, explains how the company is stepping up its card security. Despite a series of high profile data breaches, Ericksen says the average consumer is actually very safe.
Amelia Urry, associate editor at The Grist, discusses the recent report by NASA which found 2017 was the warmest year on record, second only to 2016.
Lindsey Shepard, Director of Product Marketing for News Feed at Facebook, discusses the reboot of its News Feed that will prioritize posts from family and friends over publications.
Kelly Beatty, senior editor of Sky & Telescope, talks SpaceX's powerful Falcon Heavy rocket, the possibility of a tax break for the company, and the upcoming lunar eclipse. The Falcon Heavy rocket is the most powerful this generation has ever seen.
Snap Inc. has a message for its employees: if you leak company information, you could go to jail. Amazon announces it will increase prices on monthly Prime memberships by 20%. Facebook recently announced it will change the News Feed to favor posts from friends and family over posts from publishers. And the clock is ticking for Congress to extend funding and avoid a government shutdown.
Stephanie Ericksen, Vice President of Global Risk Products at Visa, says counterfeit fraud has gone down by 66% since chip-cards were widely adopted about two and a half years ago.
Arianna Huffington explains how it helps people combat their smartphone addiction. Amazon narrows the list of cities for HQ2. Facebook announces details of its community outreach program. Whatsapp announces it will allow business accounts. In a Cheddar scoop, Snapchat is laying off dozens of workers. The government shutdown looms. IBM, Atlassian, American Express release earnings.
re: 3D is the winner of the global Wework Creator Awards. The global competition featured innovative companies from around the world and boasted a $1 million prize. re: 3D took home the title, the prize money, and lots of room for innovating and ideas.
Load More