Corsair Gaming, Inc. - CRSR STOCK NEWS

CORSAIR (NASDAQ: CRSR) has launched the iCUE 5000T RGB PC case, featuring a unique design with 208 RGB LEDs and high-airflow mesh panels for optimal cooling. This case supports up to two 360mm radiators and is builder-friendly with a spacious interior for up to ten 120mm fans. In addition, the LC100 Case Accent Lighting Panels enable customizable RGB layouts. Both products are now available on the CORSAIR website and authorized retailers, backed by a two-year warranty.

CORSAIR (NASDAQ: CRSR) has launched the K70 RGB PRO Mechanical Gaming Keyboard, enhancing its renowned K70 series. Combining an aluminum build with customizable CHERRY MX mechanical switches, the keyboard promises durability and performance. It features an aluminum volume roller, dedicated media keys, and tournament-grade AXON technology, delivering commands up to 8x faster than standard keyboards. Available in North America immediately, with a two-year warranty, the K70 RGB PRO aims to meet the needs of competitive gamers while ensuring a customizable experience via CORSAIR's iCUE software.

Corsair Gaming, Inc. (NASDAQ:CRSR) reported record annual revenues of $1.9 billion for 2021, representing an 11.8% year-over-year increase. The gamer and creator peripherals segment saw a substantial rise of 20.0% in net revenue, totaling $647.2 million. While net income was $101.0 million ($1.01 per diluted share), a slight decrease from the previous year, adjusted net income remained stable. For 2022, Corsair expects net revenue between $1.9 billion and $2.1 billion, indicating confidence in ongoing growth despite anticipated supply chain challenges.

Corsair Gaming, Inc. (NASDAQ:CRSR) announced a revenue target of $3.5 billion by 2026 during its 2022 Virtual Investor Day. The company expects 2021 net revenue to reach approximately $1.9 billion, slightly above prior guidance. For 2022, Corsair projects net revenue between $1.9 billion and $2.1 billion. The event featured key executives discussing market opportunities in gaming hardware and the components business. The fourth quarter and full-year 2021 earnings will be released on February 8, 2022.

Corsair Gaming, Inc. (NASDAQ: CRSR) has acquired a 51% stake in iDisplay Technology, a leader in display technology based in Taiwan. This acquisition, announced on January 5, 2022, enhances Corsair's integration of display and touch-screen technologies into its products for gamers and content creators. iDisplay, established in 1998, is known for its innovative small-form-factor displays and holds a substantial patent portfolio. This strategic move aims to leverage synergies from their existing partnership, especially in developing industry-leading products like the Elgato Stream Deck.

Corsair Gaming (NASDAQ:CRSR) has appointed Thi La and Sarah Mears Kim to its Board of Directors effective December 29, 2021. Thi La, who has been with Corsair since 2013, currently serves as President and COO, bringing extensive operational experience. Sarah Mears Kim, previously with Archipelago and ICONIQ Capital, joins as a strategic advisor with a strong background in finance and private equity. CEO Andy Paul and Board Chair George L. Majoros, Jr. expressed confidence that their expertise will enhance Corsair's growth and strategic direction in the gaming technology sector.

CORSAIR (NASDAQ: CRSR) has launched the new CORSAIR ONE i300 range of compact desktop PCs, featuring the latest 12th Gen Intel Core processors, including the Core i9-12900K. The i300 is notable for its 12-liter size, enhanced performance, and premium CORSAIR components like VENGEANCE DDR5 memory. It supports up to 64GB DDR5 memory, and incorporates advanced cooling systems. The system allows for connections to multiple 4K HDR displays and is now available from authorized retailers. It comes with a two-year warranty and is aimed at gamers and content creators looking for high-performance capabilities.

Corsair Gaming, Inc. (NASDAQ:CRSR) will host its 2022 Virtual Investor Day on January 20, 2022, from 7:00 a.m. to 9:30 a.m. Pacific Time. The event will feature presentations from CEO Andy Paul and CFO Michael G. Potter, focusing on the company's strategy, growth prospects, and long-term financial goals. Participants can access the live broadcast via Corsair’s Investor Relations website, where presentation materials and recordings will also be available for future viewing. This event underlines Corsair's commitment to transparency and investor engagement.

SCUF Gaming has launched its new line of gaming controllers, including the Reflex, Reflex Pro, and Reflex FPS, specifically designed for PlayStation 5. These controllers feature a patented paddle control system, customizable settings, and high-performance grips to enhance gameplay. The Reflex FPS model is tailored for first-person shooters with features like instant bumpers and triggers for faster response times. Starting at $199.99, these controllers are available exclusively at SCUF Gaming and aim to provide gamers with a competitive edge.