*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).
Opening Bell: In deal that could reshape the healthcare industry, CVS agrees to buy Aetna for $69 billion. Also, Disney re-enters talks to acquire 21st Century Fox, and Bitcoin soars near $12,000. We're joined by The Daily Beast, Instagram for Business, Red Alert Politics, PCWorld, TechnoBuffalo, Nerdist, and more.
Cheddar hosts Kristen Scholer and Tim Stenovec discuss the top news of the day. From bitcoin hitting record highs, to AT&T heading to court, we break it all down for you.
Infiniti is continuing to become a competitive force in the luxury car market with its all-new QX50. Alyssa Julya Smith caught up with Infiniti Vice President Randy Parker to learn about the new features, and what makes the QX50 so competitive.
Apple was forced to release its newest update over the weekend due to an issue with phones crashing and rebooting. Sean Aune, Editor-in-Chief of Techno Buffalo, and Michael Simon, Staff Writer for PCWorld, join Cheddar to discuss the root of Apple's problem.
Morgan Cornelius, Small Business Community Lead at Instagram, joins Cheddar to discuss a big milestone: hitting 25 million businesses on the platform. This is up from 15 million in July. She credits the dedication of its users to the fast-paced growth of its businesses on the platform.
The new fitness platform Gixo turns a user's smartphone into a mobile gym. Gixo offers 180 live fitness classes, and costs $24.99 a month for the unlimited option.
Start-up mattress company Nectar sold over 50,000 bed mattresses in their first year of business, and did over $35 million in revenue. The e-commerce company offers a one-year trial period on their mattresses.
Bobby Rahal, who became one of an elite group of race car drivers by winning the Indy500 in 1986, has remained a huge part of the racing world. He caught up with Alyssa Julya Smith at the Los Angeles Auto Show preview to talk about his partnership with Jaguar Land Rover, and Jaguar's I-PACE eTrophy Series.
Leaders in media and advertising gathered Thursday night at the 64th Annual Ad Council Public Service Award Dinner. Cheddar's Kristen Scholer spoke with David Fischer, Vice President of Business and Marketing Partnerships at Facebook.
Yesterday, Bloomberg released a report detailing multiple sexual harassment claims made against venture capitalist Shervin Pishevar. Pishevar was an early investor in Uber, and was accused of making unwanted advances towards work associates.
Load More