Welcome to our dedicated page for Corsair Gaming news (Ticker: CRSR), a resource for investors and traders seeking the latest updates and insights on Corsair Gaming stock.
Company Overview
Corsair Gaming, Inc. (CRSR) is widely recognized for its commitment to excellence in the provision of high-performance gear, computer peripherals, and components specifically tailored for gamers, content creators, and PC enthusiasts. With a rich heritage dating back to 1994, Corsair has evolved from pioneering the high-performance DRAM market to developing a diverse product portfolio that caters to both performance demands and immersive user experiences.
Core Business and Product Portfolio
The company operates through two primary segments: Gamer and Creator Peripherals and Gaming Components and Systems. Its extensive range of products includes:
- PC Cases, Keyboards, Mice, and Headsets
- High-efficiency Power Supplies
- Gaming Computers and Chairs
- Mousepads and Other Accessories
These product categories not only serve the enthusiast and professional gamer communities but also support a broader market of content creators and technology aficionados. The integration of innovative design with robust engineering assures a consistent consumer experience that prioritizes performance, reliability, and aesthetic appeal.
Market Position and Industry Significance
Corsair Gaming, Inc. holds a significant position in the competitive landscape of computer hardware and gaming technology. The company leverages its longstanding expertise to continuously develop products that meet the evolving demands of high-end gaming, esports professionals, and content creators. The strategic emphasis on performance and durability helps Corsair differentiate itself by offering products that deliver an unmatched user experience. This balance of innovation and reliability has established the brand as a trusted name among discerning users who demand precision-engineered solutions.
Operational Excellence and Global Reach
With operations spanning across the Americas, Europe and the Middle East, and the Asia Pacific region, Corsair derives its revenue from a globally diversified market. This international presence not only enables the company to tap into various regional consumer preferences but also reinforces its stature as a major player in technology-driven performance components. Corsair’s operational strategy is marked by its focus on both direct consumer engagement and distribution partnerships, aimed at enhancing product accessibility and maintaining a robust market footprint.
Innovation and Technological Expertise
At the core of Corsair Gaming, Inc. lies a dedication to innovation and technological advancement. The company consistently integrates advanced engineering principles with cutting-edge design to address the dynamic needs of a tech-savvy audience. Whether it is through refining cooling systems, optimizing power efficiency, or enhancing the ergonomics of its peripherals, Corsair continually seeks to push the boundaries of performance-driven design. This proven commitment to innovation is a testament to the company’s resilience in an industry defined by rapid technological change.
Consumer and Industry Impact
The influence of Corsair extends beyond hardware; it is a brand synonymous with reliability and quality in the arena of high-performance computing. Enthusiasts and professionals alike rely on Corsair for building robust, efficient systems that support both gaming and content creation endeavors. The company’s focus on delivering products that combine functionality with aesthetic design has reinforced its reputation as a cornerstone in the PC gaming and computer technology sectors.
Looking at the Bigger Picture
By addressing the nuanced needs of different market segments, Corsair Gaming, Inc. has successfully carved a niche in an increasingly competitive industry. Its diverse product range is supported by a legacy of technological prowess and a forward-thinking approach that continues to define its operations. Whether through reinforcing existing product lines or introducing new innovations, Corsair remains devoted to the principles of quality, performance, and deep consumer understanding.
Corsair Gaming (Nasdaq: CRSR) has announced its participation in the 37th Annual Roth Conference in Dana Point, California, scheduled for March 17, 2025. The company's Chief Financial Officer Michael G. Potter and Vice-President Finance, Investor Relations Ronald van Veen will engage with institutional investors during the conference.
The discussions will focus on Corsair's recent financial performance, current business trends, and future growth prospects. Corsair, a leading global provider of high-performance products for gamers, streamers, content-creators, and gaming PC builders, continues to maintain active engagement with the investment community through such institutional events.
Corsair Gaming (Nasdaq: CRSR) announced that its Elgato Stream Deck Studio won the prestigious Best of Show Award at ISE 2025, the leading professional AV and broadcast exhibition. Recognized for its innovation in live production control, the Stream Deck Studio is setting a new standard for efficiency and ease of use in the broadcast industry.
The Stream Deck product line offers customizable control devices with programmable buttons, catering to broadcasters, content creators, and office workers. The rack-mounted Stream Deck Studio, paired with Buttons software based on Bitfocus' Companion, enhances broadcast workflow and control room operations at a lower cost.
Andy Paul, CEO of Corsair, highlighted the success of the Elgato business, stating that the Stream Deck product line has created a new market category. Julian Fest, General Manager of Elgato, emphasized the product's impact on professional broadcast workflows, offering broadcasters more flexibility and precision.
Corsair Gaming (NASDAQ: CRSR) announced that Founder and CEO Andy Paul will retire effective July 1, 2025, with current President and COO Thi La appointed as the next CEO. La, who joined Corsair in 2010, has been instrumental in growing the company from $300 million to its current size, expanding from DIY components to 30 different product lines.
La has served as COO since 2013 and President since 2021, previously holding positions at Opnext and HP. Under Paul and La's leadership, Corsair evolved from a hardware-focused company to a diverse gaming enterprise, recently acquiring Fanatec. Paul founded Corsair in 1994 with three other engineers, initially focusing on gaming hardware like overclocking memory and DIY components.
Corsair Gaming (CRSR) reported Q4 2024 financial results with net revenue of $413.6 million, slightly down from $417.3 million in Q4 2023. The Gamer and Creator Peripherals segment showed strong growth at $169.6 million (up from $136.8 million), while Gaming Components declined to $244.1 million (from $280.5 million).
Q4 net income was $1.3 million ($0.01 per share), compared to $6.2 million ($0.06 per share) in Q4 2023. For full-year 2024, the company reported a net loss of $99.2 million on revenue of $1,316.4 million.
Looking ahead to 2025, Corsair provided guidance of $1.4-1.6 billion in revenue and adjusted EBITDA of $80-100 million, representing a 60% increase at midpoint. The company highlighted its recent Fanatec acquisition performance and selection by Apple for retail stores as key developments.
Corsair (NASDAQ: CRSR) has achieved significant recognition in the gaming peripherals industry, securing a position in PC Mag's Best Brands Index Top 10 with the highest Net Promoter Score among top 25 gaming peripheral brands. The company's K65 WL keyboard has won the Best Keyboard Award for 2025 from both The New York Times' Wirecutter and PC World.
In a notable development, Apple has selected Corsair as a peripheral partner, choosing the K65 Wireless keyboard and M75 Gaming mouse as preferred gaming devices for Mac users. These products will be available in Apple stores, as well as through major online retailers and selected resellers for both PC and Mac platforms.
According to Thi La, Corsair's President and COO, this recognition validates their product quality and opens new opportunities to reach a broader audience, while demonstrating their commitment to innovation and excellence in the gaming industry.
Corsair Gaming (NASDAQ: CRSR) has announced it will release its fourth quarter and full year 2024 financial results after the Nasdaq market close on Wednesday, February 12, 2025. The company's management will host a conference call to discuss the results at 2:00 p.m. Pacific Time on the same day.
Investors can access the conference call through Corsair's Investor Relations website or by dialing dedicated U.S. and International phone numbers. A replay of the call will be available approximately 3 hours after the live call ends, accessible through the company's IR website or via phone until February 19, 2025.
CORSAIR (NASDAQ: CRSR) has announced at CES 2025 that its latest systems, including CORSAIR and ORIGIN PC computers equipped with NVIDIA GeForce RTX 50 Series GPUs, will fully support NVIDIA NIM microservices later in 2025. The integration includes systems like CORSAIR VENGEANCE Gaming PCs and ORIGIN PC NEURON, GENESIS, and new ARACHNID models.
Powered by NVIDIA Blackwell, these systems will feature enhanced AI capabilities through NVIDIA DLSS 4, enabling faster image generation and improved graphics fidelity. The NVIDIA NIM microservices offer pre-packaged, single-click installation solutions for AI applications across language, vision, speech, animation, and content generation domains.
This integration aims to make professional-grade AI capabilities more accessible to enthusiasts and developers, enabling local deployment of AI technologies for real-time collaboration, personalized AI assistants, and advanced creative workflows.
Corsair Gaming (NASDAQ: CRSR), a leading provider of high-performance gaming gear, announced its participation in the Barclays 22nd Annual Global Technology Conference at The Palace Hotel, San Francisco. The company will host a live fireside webcast on December 11, 2024, at 8:40 a.m. Pacific Time, accessible through their Investor Relations website. Michael G. Potter, CFO, and Ronald van Veen, VP Finance and Investor Relations, will be available for one-on-one and small group meetings with institutional investors during the conference.
CORSAIR (CRSR) has announced exclusive Mac versions of its K65 PLUS WIRELESS keyboard and M75 WIRELESS mouse in Glacier Blue and Frost colors. The K65 PLUS WIRELESS features pre-lubricated MLX Red v2 linear switches, sound dampening, and up to 266 hours of battery life. The M75 WIRELESS mouse weighs 89g, includes a 26K DPI MARKSMAN optical sensor, and features two-zone RGB lighting. Both products are available immediately through Apple Store Online, with the Frost variant currently in U.S. Apple Store locations and Glacier Blue coming soon. Both devices come with a two-year warranty and are compatible with macOS and iPadOS.
Corsair Gaming (NASDAQ: CRSR) has announced its participation in the 2024 UBS Global Technology Conference at The Phoenician Hotel in Scottsdale, Arizona. Michael G. Potter, Chief Financial Officer, and Ronald van Veen, Vice-President Finance, Investor Relations, will represent the gaming gear provider at the event. They will be available on December 3 and 4, 2024, to conduct one-on-one and small group meetings with institutional investors.
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