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Technology Stocks : Turtle Beach Corp

HEAR 17.47

-0.3%

Jan 6 4:00 PM EST

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From: Savant	5/3/2013 3:19:20 PM
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The Company also reported progress in each of its business sectors: commercial, consumer and health applications. Discussions with companies interested in pursuing strategic options beyond licensing are progressing... As previously announced, the Company has been approached by several industry leaders in key target verticals to discuss strategic alternatives for its HyperSound (HSS) technology. It has engaged the investment bank Houlihan Lokey to help assess the opportunities. The Company has received a term sheet from a leader in one of its target verticals and is now undergoing due diligence. The Company has also received and is evaluating strategic inquiries from additional parties. Parametric Sound reports EPS of ($0.30) vs. ($0.22) in prior year; revs rose to $155K from $60K in prior year

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