How did TBCH's Q4 earnings surprise impact its annual performance?

Turtle Beach Corporation's (TBCH) Q4 earnings surprise had a negative impact on its annual performance, as indicated by the financial figures for the fiscal year 2024. 1. **Net Income and Revenue**: TBCH reported a net income of $16.18 million and total revenue of $372.77 million for the fiscal year 2024. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |TBCH|TBCH.O|Turtle Beach|2024 Q1|102.3117076808352|155000|185| |TBCH|TBCH.O|Turtle Beach|2024 Q2|52.73869346733668|-7524000|185| |TBCH|TBCH.O|Turtle Beach|2024 Q3|194.64780920687744|3413000|185| |TBCH|TBCH.O|Turtle Beach|2024 Q4|135.4887745556595|2.0139E7|185| |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |TBCH|TBCH.O|Turtle Beach|2024 Q1|8.560765103802193|5.5848E7|185| |TBCH|TBCH.O|Turtle Beach|2024 Q2|59.388937518236006|7.6478E7|185| |TBCH|TBCH.O|Turtle Beach|2024 Q3|59.51012542682308|9.4363E7|185| |TBCH|TBCH.O|Turtle Beach|2024 Q4|46.755008137595695|1.46077E8|185| 2. **Earnings Surprise**: The company experienced an earnings per share (EPS) surprise of -$0.16 for Q4, which suggests that the actual EPS fell short of the market's expectations. The negative EPS surprise for Q4 likely contributed to the lower net income and revenue figures for the fiscal year. Investors typically react negatively to earnings surprises, as they indicate that the company's performance was below expectations. This can lead to a decline in the company's stock price and potentially affect investor confidence in the company's future performance.