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.
SCUF Gaming and Corsair Gaming have launched the SCUF Instinct and Instinct Pro controllers designed for Xbox Series X|S. These controllers feature a new ergonomic design with four programmable back paddles, adjustable Instant Triggers, and extensive customization options. The Instinct Pro includes high-performance grip and immediate trigger action, ideal for fast-paced games. Both versions are priced at $169.99 and $199.99, respectively, and are available on SCUF's website.
Corsair Gaming, Inc. (NASDAQ:CRSR) reported a record second quarter for 2021, achieving $472.9 million in net revenue, a 24.3% increase year-over-year. Key segments include gamer and creator peripherals with $155.2 million in revenue (+40.9%) and gaming components at $317.7 million (+17.6%). Gross profit reached $130.4 million, a 24.1% rise, while net income rose to $27.7 million, or $0.28 per diluted share. Despite strong results, operating income decreased 4.7%. The company anticipates full-year revenue between $1.9 billion and $2.1 billion.
Corsair Gaming, Inc. (NASDAQ:CRSR), a leading provider of high-performance gaming gear, has announced its second quarter 2021 earnings release date as August 3, 2021, before market open. A conference call will follow at 5:30 AM PT to discuss the results. Additionally, CEO Andy Paul and CFO Michael G. Potter will present at the Cowen Internet & Media Virtual Bus Tour on August 12, 2021. Corsair continues to innovate in gear for gamers and content creators across various brands including Elgato and SCUF Gaming.
Corsair Gaming, Inc. (NASDAQ:CRSR) announced the launch of Elgato's Facecam, a professional-grade webcam capturing video in Full HD 1080p60. Featuring a Sony Starvis image sensor for exceptional indoor lighting performance, it offers optimized fixed focus and a wide field of view. Alongside Facecam, Corsair introduced several new products, including the Wave XLR microphone interface and an updated Stream Deck with customizable features. All products are available immediately with a two-year warranty, enhancing options for streamers and content creators.
Corsair Gaming has launched the 7000 Series full-tower ATX cases, the 7000D AIRFLOW and 7000X RGB, designed for ambitious PC builders. Both models accommodate massive cooling setups with space for up to three 360mm radiators. The 7000D features a high-airflow front panel, while the 7000X showcases tempered glass for aesthetics. Additionally, the new H170i ELITE CAPELLIX Liquid CPU Cooler offers extreme cooling performance with a 420mm radiator and customizable RGB lighting. All products are available immediately with warranties of two and five years, respectively.
Elgato, in partnership with Corsair Gaming (NASDAQ:CRSR), has launched Stream Deck 5.0, a significant update providing users with the new Stream Deck Store. This platform offers a plethora of digital assets including plugins, icon packs, royalty-free music, and sound effects, enhancing the overall streaming experience. The update is readily available for free to all current Stream Deck owners. The new features aim to empower content creators by offering tools to boost production values and streamline workflows, making it easier to integrate applications and manage streams effectively.
Corsair Gaming, Inc. (NASDAQ:CRSR) has launched the VIRTUOSO RGB Wireless XT gaming headset, enhancing its flagship series. This new model incorporates Dolby Atmos for immersive sound, a frequency range of 20Hz-40,000Hz, and features dual-wireless connections via SLIPSTREAM WIRELESS and Bluetooth. It boasts a detachable microphone, soft memory foam ear pads, and a battery life of up to 15 hours. Available initially on the CORSAIR webstore and Best Buy, it comes with a two-year warranty and is designed for compatibility across various platforms.
Corsair Gaming, Inc. (NASDAQ:CRSR) launched two new PC cases: the iCUE 5000D RGB Hydro X Edition and the 5000X RGB SIGNATURE SERIES. The 5000D RGB HX features a pre-installed XD7 RGB Pump/Reservoir Combo for advanced custom cooling, offering a unique aesthetic with 36 RGB LEDs. It supports various fan and radiator configurations. The 5000X SIGNATURE SERIES includes five UV-printed graphics themes, maintaining the same high-performance features as the original 5000X RGB. Both products are available exclusively on the Corsair webstore, with the 5000D RGB HX available now and the 5000X SIGNATURE SERIES available for pre-order.
Corsair Gaming, Inc. (CRSR) reported record first-quarter financial results for Q1 2021, achieving net revenue of $529.4 million, up 71.6% year-over-year. Key segments included gamer and creator peripherals at $175.9 million, increasing 131.9%, and gaming components and systems at $353.5 million, rising 51.9%. Net income surged to $46.7 million ($0.47/share), compared to $1.2 million in Q1 2020. Following robust performance, Corsair raised its 2021 guidance for net revenue to $1.9-$2.1 billion and adjusted operating income to $235-$255 million.
Corsair Gaming, Inc. (NASDAQ:CRSR) will report its first quarter 2021 earnings before the market opens on May 4, 2021, followed by a conference call at 5:30 a.m. PT. Interested parties can access the call via its Investor Relations website. The CEO and CFO will also present at the Cowen and Stifel virtual conferences on June 1 and June 9, 2021, respectively. A live webcast of these presentations will also be available on the Investor Relations site. Corsair specializes in high-performance gear for gamers and content creators.
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