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. develops and sells high-performance products for gamers, streamers, content creators, gaming PC builders, and sim racing enthusiasts. Its recurring news centers on financial results and guidance across Gamer and Creator Peripherals and Gaming Components and Systems, product launches for keyboards, audio platforms, streaming equipment, smart ambient lighting, PC components, and custom systems, and updates from brands including Fanatec, Elgato, SCUF Gaming, Drop, and ORIGIN PC.
Company updates also cover partnerships in gaming and esports, investor conference presentations, margin and demand trends, supply-chain and tariff effects, and capital actions such as share repurchase authorization. Product announcements often connect Corsair hardware with software ecosystems used by gamers and creators, including Elgato and Stream Deck.
CORSAIR (NASDAQ: CRSR) has announced the pre-order availability of its innovative XENEON FLEX 45WQHD240 OLED Gaming Monitor. This 45-inch, 21:9 bendable monitor, featuring W-OLED technology, offers a 240Hz refresh rate and peak brightness of 1000 nits. Priced at $1999.99, the monitor is expected to ship by late December 2022. CORSAIR’s partnership with LG Display highlights its commitment to cutting-edge gaming technology. The product includes a three-year warranty covering zero dead pixels and burn-in guarantee, ensuring long-term performance.
Corsair Gaming, Inc. (Nasdaq: CRSR) presented at the 2022 Barclays Global Technology, Media and Telecommunications Conference in San Francisco. CEO Andy Paul and CFO Michael G. Potter led the presentation, available via live webcast at 4:20 p.m. Eastern Time. Corsair specializes in high-performance gear for gamers and content creators, offering a wide range of products including PC components, streaming equipment, and peripherals. The company also operates the Elgato, SCUF Gaming, and ORIGIN PC brands, enhancing its ecosystem for users.
Corsair Gaming, Inc. (Nasdaq: CRSR) announced it will present to institutional investors at the 2022 Barclays Global Technology, Media and Telecommunications Conference on December 7, 2022, in San Francisco. CFO Michael G. Potter will present at 4:55 p.m. Eastern Time. A live webcast and replay will be available on Corsair’s Investor Relations website. Corsair is a leader in high-performance gear for gamers and content creators, offering a range of products that include PC components, peripherals, streaming equipment, and custom-built gaming PCs.
Corsair Gaming, Inc. (Nasdaq: CRSR) will present at Credit Suisse’s 26th Annual Technology Conference on November 29, 2022, in Scottsdale, AZ. CEO Andy Paul and CFO Michael G. Potter are scheduled to speak at 1:40 p.m. Eastern Time. This presentation will be accessible through a live webcast on Corsair's Investor Relations website. The company will also hold one-on-one meetings with investors during the conference. Corsair is renowned for its high-performance gaming gear and technology.
Corsair Gaming, Inc. (NASDAQ: CRSR) has launched the Stream Deck +, an advanced addition to its Elgato product lineup designed for content creators. This new device features LCD keys, infinite dials, and a touch strip to enhance user interactions with various applications for improved workflows. The Stream Deck + supports over 100 app plugins, integrates seamlessly with Elgato software, and offers customizable features for audio and video control. It is now available from authorized retailers worldwide.
Corsair Gaming, Inc. (NASDAQ: CRSR) announced a public offering of 4,545,455 shares at $16.50 each, aiming to raise approximately $75 million. The offering, which includes an option for underwriters to purchase 681,818 additional shares, is expected to close on November 17, 2022. Corsair intends to use the proceeds for general corporate purposes. A majority shareholder, EagleTree, will buy 2,121,212 shares at the same price. The press release highlights potential risks including market conditions and stock volatility.
Corsair Gaming, Inc. (NASDAQ: CRSR) has announced an underwritten public offering of $75.0 million in shares of its common stock, with an option for underwriters to purchase an additional $11.25 million. The net proceeds will be used for general corporate purposes. Notably, EagleTree, Corsair's majority shareholder, has shown interest in acquiring up to $40.0 million of shares in this offering. The offering depends on market conditions, and there are no guarantees regarding its completion or terms.
Ayar Labs has expanded its executive team, hiring Lakshmikant Bhupathi as Vice President of Products and Strategy and Scott Clark as Vice President of Manufacturing. This move aims to enhance commercial efforts for its optical I/O technology. The company also expanded its office space in the San Francisco Bay Area and opened a new office in Cambridge, Massachusetts, which will support production and product development. The new San Jose site offers significantly more clean room space to facilitate testing and validation processes, set to complete by early 2023.
Corsair Gaming, Inc. (Nasdaq: CRSR) reported financial results for Q3 2022 with net revenue of $311.8 million, up from $283.9 million in Q2 2022 but down from $391.1 million in Q3 2021. The gamer peripherals segment saw revenue of $96.8 million, while gaming components generated $214.9 million. Operating loss narrowed to $11.0 million, compared to $55.0 million loss in Q2. Adjusted EBITDA improved to a gain of $10.1 million. The company anticipates full-year revenue between $1.325 billion and $1.375 billion.
Elgato has launched the Facecam Pro, the first webcam capable of 4K video capture at 60 frames per second. It features a large Sony sensor, adjustable lens, and an advanced image processor, enabling creators to produce high-quality video without complex setups. The device supports instant recall of user settings through the Camera Hub software, integrates with NVIDIA Broadcast for AI effects, and comes with a robust monitor mount. Available globally, the Facecam Pro is aimed at content creators and professionals seeking high-end video performance.