05:39 PM EDT, 03/13/2024 (MT Newswires) -- Turtle Beach ( HEAR ) reported Q4 earnings late Wednesday of $0.47 per diluted share, compared with a loss of $1.40 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.53.

Net revenue for the quarter that ended Dec. 31 was $99.5 million, down from $100.9 million a year earlier.

Analysts surveyed by Capital IQ expected $111.6 million.

The company expects full-year 2024 net revenue of $370 million to $380 million. Analysts polled by Capital IQ expect $$295.1 million.

Shares of the company traded 21% higher in after-hours activity.

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