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Turtle Beach Reports Strong First Quarter 2021 Results And Raises Full-Year Outlook


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WHITE PLAINS, N.Y., May 5, 2021 /PRNewswire/  Leading gaming accessory maker
Turtle Beach Corporation (Nasdaq: HEAR), reported financial results for the first quarter ended March 31, 2021.
First Quarter Summary vs. Year-Ago Quarter:
Net revenue was $93.1 million, an increase of 166% compared to $35.0 million;
Net income of $8.8 million, or $0.49 per diluted share, compared to net loss of $(3.6) million, or $(0.25) per diluted share;
Adjusted EBITDA was $15.3 million, an increase of $18.0 million compared to $(2.7) million; and
Cash flow from operations was $21.1 million, an increase of 20% compared to $17.5 million.
Management Commentary
We turned in another stellar performance in the first quarter, with sales, gross margin, net income and adjusted EBITDA all reaching record high levels for the first quarter, said Juergen Stark, CEO, Turtle Beach. Consumer demand for console headsets and PC gaming accessories remain ....

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Aviat Networks Announces Fiscal 2021 Third Quarter and Nine Month Financial Results


Aviat Networks Announces Fiscal 2021 Third Quarter and Nine Month Financial Results
Total Revenue of $66.4 million; Up 8.2% Year-Over-Year
Adjusted EBITDA of $7.3 million; Up $3.8 million Year-Over-Year
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AUSTIN, Texas, May 5, 2021 /PRNewswire/  Aviat Networks, Inc. ( Aviat Networks, Aviat, or the Company ), (NASDAQ: AVNW), the leading expert in wireless transport solutions, today reported financial results for its fiscal 2021 third quarter ended April 2, 2021.
Third Quarter Highlights
Company continues to execute on key long-term strategic objectives resulting in continued year-over-year increase in quarterly revenues and Adjusted EBITDA.
 
   
Company introduced new software on the Aviat WTM4000 radio platform which doubles the capacity of a microwave link without the need for additional equipment for our customers. ....

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Max Stock Limited Reports Fourth Quarter and Fiscal 2020 Financial Results


Press release content from Business Wire. The AP news staff was not involved in its creation.
Max Stock Limited Reports Fourth Quarter and Fiscal 2020 Financial Results
March 15, 2021 GMT
CEASAREA, Israel (BUSINESS WIRE) Mar 15, 2021
Max Stock Limited (TASE: MAXO) (the “Company”) today reported financial results for the fourth quarter and year ended December 31, 2020.
Fourth Quarter Summary:
Comparable store sales increased 43%.
Operating income increased 85.0% to ILS 39.5 million and operating margin increased 240 basis points to 14.3%.
Net income increased 57.4% to ILS 23.5 million.
Adjusted EPS 1 increased 89% to ILS 0.164
Adjusted EBITDA 2 increased 108% to ILS 42.9 million.
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Excluding one-time bulk sales of COVID-19 product, sales increased 19.4%. ....

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