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.
Corsair Gaming (NASDAQ: CRSR) has launched two new product lines under its Elgato brand: the Elgato Light Strip and Elgato Wave Panels. These products are designed for content creators to enhance their home studios with customizable ambient lighting and improved acoustics. The Light Strip features 108 RGBWW LEDs, offering a wide color range and is app-controlled for convenience. The Wave Panels provide dual-density foam for sound optimization and aesthetic flexibility. Both products are available immediately and come with a two-year warranty.
Corsair Gaming (NASDAQ:CRSR), a leader in gaming gear and technology, announced participation in three upcoming investor conferences. CEO Andy Paul and CFO Michael G. Potter will be present at the D.A. Davidson Annual Consumer Virtual Conference on March 11, 2021, and the Macquarie Consumer Bright Ideas Virtual Conference on March 16, 2021. Paul will also present at the Wedbush Play to Win Virtual Conference on the same day. Webcasts of the events will be available on Corsair’s Investor Relations site, enhancing transparency for investors.
Corsair Gaming (NASDAQ:CRSR) has launched the new KATAR PRO XT ultra-light gaming mouse, weighing just 73g. This mouse is designed for fast-paced gaming, featuring CORSAR QUICKSTRIKE buttons for quicker response times. It also includes an 18,000 DPI optical sensor and durable OMRON switches, ensuring high-performance tracking. Alongside it, the iCUE MM700 RGB Extended Cloth Gaming Mouse Pad offers customizable RGB lighting and a large surface area. Both products are available now with a limited lifetime warranty.
Corsair Gaming (NASDAQ:CRSR) has acquired Visuals by Impulse, a major design platform for creators, enhancing its Elgato brand. Founded in 2015, VBI serves over 200,000 creators with customizable streaming designs. This acquisition aims to strengthen Corsair's mission to empower content creators, making design accessible and innovative. The collaboration is expected to introduce unique synergies, particularly by integrating VBI’s design prowess with Elgato’s streaming platforms, such as Stream Deck.
Corsair Gaming (NASDAQ:CRSR) reported strong preliminary financial results for Q4 and full year 2020. Net revenue for Q4 surged 70.4% to $556.3 million, driven by significant growth in both gamer peripherals (up 104%) and gaming components (up 56.8%). Full year revenue reached $1.7 billion, a 55.2% increase. Moreover, operating income increased 568% year-over-year to $158.4 million. The company anticipates 2021 revenues between $1.8 billion and $1.95 billion, backed by continued growth in the gaming market.
Corsair Gaming, Inc. (NASDAQ:CRSR) announced the launch of three new Gen4 PCIe x4 NVMe M.2 Solid State Drives: the MP600 CORE, MP600 PRO, and MP600 PRO Hydro X Edition. These SSDs utilize PCIe Gen4 technology, offering exceptional transfer speeds, with the MP600 PRO models reaching up to 7,000MB/sec read speeds. The drives come in various capacities: MP600 CORE (1TB, 2TB, 4TB), MP600 PRO (1TB, 2TB, 4TB soon), and MP600 PRO Hydro X (2TB). All models feature a five-year warranty and are available from Corsair's webstore and authorized retailers.
Corsair Gaming, Inc. (NASDAQ:CRSR) has completed a public offering of 8,625,000 shares at $35.00 each, yielding approximately $301.9 million in gross proceeds. The offering included 1,125,000 shares from underwriters' options. All net proceeds will go to selling stockholders. This offering was facilitated by Goldman Sachs, Barclays, and Credit Suisse among others, under a registration statement declared effective on January 21, 2021. No securities sales are permitted in jurisdictions without registration.
Corsair Gaming, Inc. (NASDAQ:CRSR) announced its fourth quarter and full-year 2020 earnings release, scheduled for February 9, 2021, before market opening. A conference call will follow at 5:30 a.m. PT to discuss the results. CEO Andy Paul and CFO Michael G. Potter will present at the Goldman Sachs Technology and Internet Virtual Conference on February 11, 2021, at 2:20 p.m. ET. Investors can access the conference call and its replay via Corsair's Investor Relations website.
Corsair Gaming (NASDAQ:CRSR) announced a public offering of 7,500,000 shares of common stock at $35.00 per share, with selling stockholders receiving all net proceeds. Additionally, a 30-day option allows underwriters to purchase up to 1,125,000 more shares. The offering is expected to close on January 26, 2021, subject to customary conditions. Corsair will not benefit from the proceeds. Goldman Sachs, Barclays, and Credit Suisse are the lead managers for this offering.
Corsair Gaming, Inc. (NASDAQ:CRSR) has announced the launch of its new VENGEANCE RGB PRO SL memory kits. These high-performance DDR4 kits feature a compact 44mm form-factor with frequencies up to 3,600MHz and capacities reaching 128GB (4x32GB). The product showcases customizable ten-zone RGB lighting, compatible with the iCUE software. Optimized for Intel and AMD DDR4 motherboards, each memory module is selected for stability and overclocking potential. Available now, the VENGEANCE RGB PRO SL is backed by a limited lifetime warranty.
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