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.
Corsair Gaming, Inc. (NASDAQ: CRSR) is a leading provider of high-performance gear and technology for gamers, content creators, and PC enthusiasts. Founded in 1994, Corsair has grown from pioneering the high-performance DRAM market to becoming one of the world's top providers of enthusiast-grade PC components and peripherals.
Under the Corsair brand, the company offers a diverse product portfolio that includes PC cases, gaming keyboards, mice, headsets, power supplies, gaming computers, gaming chairs, mousepads, and other related accessories. These products are designed to meet the demands of both esports professionals and casual gamers, providing the best gaming experience through cutting-edge technology and innovation.
Corsair operates through two main segments: Gamer and Creator Peripherals and Gaming Components and Systems. The Gamer and Creator Peripherals segment includes products like keyboards, mice, and headsets, which are significant revenue drivers for the company. The Gaming Components and Systems segment encompasses PC components such as memory, power supplies, and cooling solutions.
Corsair's commitment to quality and innovation is evidenced by its continuous investment in research and development. The company has forged strategic partnerships with industry leaders to stay ahead in the ever-evolving tech landscape. The result is a range of products that not only meet but often exceed the expectations of the gaming community.
Financially, Corsair has shown strong performance, driven by growing demand for gaming gear and peripherals. The company derives its revenue from several key regions, including the Americas, Europe and the Middle East, and the Asia Pacific, ensuring a broad market presence.
Among its recent achievements, Corsair has introduced groundbreaking products that have set new benchmarks in the industry. The company continues to expand its product line to cater to the evolving needs of gamers and content creators, aiming to deliver unmatched consumer experiences.
Corsair's vision is not just to cater to the present needs but also to anticipate future trends and demands. With a dedicated team of builders, creators, and gamers, Corsair is more than just a tech company; it's a community of enthusiasts striving to achieve excellence in every product it offers. For the latest news and updates about Corsair Gaming, Inc., stay tuned to our page.
Elgato, a key player in hardware and software for streamers, partners with Snap to integrate Augmented Reality Snap Lenses into its EpocCam app. This innovative collaboration allows users to enhance their video feeds with real-time AR effects, creating immersive streaming experiences. At launch, 15 custom-themed Snap Lenses will be available, offering unique visual enhancements like virtual backgrounds and fun filters. The EpocCam app is available for download on the iOS App Store, with a Pro version priced at $7.99 for additional features.
Corsair Gaming (NASDAQ:CRSR) has launched its new iCUE ELITE LCD Display Liquid CPU Coolers, featuring a 2.1” LCD screen that displays system metrics and customizable visuals, enhancing both performance monitoring and aesthetic appeal.
Alongside, the new ML RGB ELITE Series fans are introduced, designed for powerful cooling combined with RGB lighting. The coolers come in various radiator sizes and are backed by a five-year warranty, with the fans under a two-year warranty, emphasizing quality and customer support.
Voicemod has expanded its strategic partnership with CORSAIR, integrating its voice morphing technology into the CORSAIR iCUE software. This integration allows CORSAIR's 10 million users to enhance their social interactions during gaming. By utilizing Voicemod's technology, users can create unique sonic identities and engage more effectively. This collaboration signifies Voicemod's commitment to expanding in the B2B sector, with expectations for future integrations. Both companies aim to improve real-time engagement in the evolving digital landscape.
Corsair Gaming (CRSR) announced preliminary unaudited third-quarter 2021 results, expecting net revenue of approximately $391 million. Despite a strong growth outlook, 2021 revenue is projected to be influenced negatively by global logistics issues, particularly a shortage of affordable GPUs. The company updated its annual revenue guidance to a range of $1.825 billion to $1.925 billion. Corsair will release detailed earnings on November 2, 2021, alongside its updated financial outlook.
Corsair Gaming, Inc. (NASDAQ: CRSR) has launched the XENEON 32QHD165 gaming monitor, featuring a 32-inch QHD display and an ultra-slim design ideal for gaming and content creation. With up to a 165Hz refresh rate, AMD FreeSync™ Premium, and NVIDIA® G-SYNC™ compatibility, it promises smooth graphics for fast-paced games. The monitor boasts 100% sRGB and 100% Adobe RGB color accuracy, HDR400 support, and integration with CORSAIR iCUE and Elgato Stream Deck for user-friendly control. Available now, it comes with a three-year warranty and a zero dead pixel policy.
Corsair Gaming, Inc. (NASDAQ:CRSR) has unveiled the new SABRE RGB PRO WIRELESS gaming mouse, a part of its CHAMPION SERIES family. This mouse emphasizes competition performance, weighing only 79g for rapid movements and featuring a 26,000 DPI optical sensor, the highest in Corsair’s lineup. The mouse utilizes SILPSTREAM WIRELESS technology for sub-1ms input transmission and boasts up to 90 hours of battery life. Available now, it's designed with esports pros' feedback to enhance gaming experience.
Opera GX, the first browser designed specifically for gamers, has integrated CORSAIR's iCUE software, enabling dynamic interaction between the browser and CORSAIR gear. Users can customize their devices with unique effects triggered by various browser actions, enhancing the gaming experience. The recent update allows users to select from preset animations or import GIFs for personalized effects. With features like resource management tools and a dedicated Discord server, Opera GX aims to tailor the online experience for millions of gamers worldwide.
Corsair Gaming (NASDAQ:CRSR) announces the continuation of its partnership with Ubisoft for the integration of immersive RGB lighting effects in its iCUE devices with the launch of Far Cry 6 on October 7, 2021. This integration enhances gaming experiences by syncing lighting with in-game events. Corsair plans to bundle digital copies of Far Cry 6 with the purchase of eligible iCUE-compatible products. The partnership aims to elevate player immersion, building on successful integrations from previous titles like Far Cry 5.
Corsair Gaming has successfully refinanced its 2017 credit facilities with a new $350 million credit facility, which includes a $250 million term loan and a $100 million revolving line-of-credit, maturing in 2026. This refinancing is expected to save the company over $10 million in cash interest expenses from Q3 2021 through 2022. The interest rate on the new loan is significantly reduced to LIBOR plus 1.25%, down from the previous 4.75%. This move aims to strengthen Corsair's financial position and provide additional growth capital for future initiatives.
CORSAIR (NASDAQ:CRSR) has launched the HS80 RGB WIRELESS Gaming Headset, featuring industry-leading SLIPSTREAM WIRELESS technology for PC and console gamers. This headset offers 24bit audio, up to 60ft wireless range, and compatibility with PS5's Tempest 3D AudioTech. It includes a floating headband design for comfort, 20 hours of battery life, and a broadcast-grade microphone. The product is now available with a two-year warranty from CORSAIR's webstore and authorized retailers.
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