Corsair Gaming, Inc. - CRSR STOCK NEWS

CORSAIR (NASDAQ: CRSR) has announced new high-capacity DDR5 memory kits, featuring 24GB and 48GB UDIMM modules. This allows PC builders to opt for configurations of 192GB (4x48GB), 96GB (2x48GB), or 48GB (2x24GB) for demanding applications like 8K video editing and AI workloads. The memory kits, available in both VENGEANCE RGB and VENGEANCE variants, run at speeds of 5,600MT/s and 5,200MT/s, supporting Intel XMP 3.0 for overclocking. The 192GB kits will launch on March 7, 2023, further advancing small form factor performance. A limited lifetime warranty backs these products for consumer peace of mind.

CORSAIR (NASDAQ:CRSR) has launched the HS65 WIRELESS gaming headset, expanding its acclaimed HS lineup. This lightweight headset features dual connectivity with low-latency 2.4GHz wireless and Bluetooth, offering versatility across devices. It includes advanced audio personalization through Sonarworks SoundID for a tailored audio experience, and boasts a 24-hour battery life. Additionally, the HS55 WIRELESS headset was introduced, featuring 266g weight, Dolby Audio 7.1 surround sound, and long battery life. Both headsets are available now with a two-year warranty, emphasizing CORSAIR's commitment to gamers and content creators.

CORSAIR (NASDAQ: CRSR) has launched iCUE Murals Lighting, an innovative software designed for creating immersive lighting effects for gaming setups. This new feature allows users to upload images, videos, and on-screen visuals to generate unique RGB displays on their devices. Murals Lighting integrates seamlessly with popular smart lighting systems like Philips Hue and Nanoleaf, enabling a comprehensive light experience throughout the room. President and COO Thi La expressed enthusiasm about the potential of the software, noting its user-friendly nature and the exciting designs produced during its beta testing.

Corsair Gaming, Inc. (Nasdaq: CRSR) reported financial results for Q4 and the full year 2022, showcasing a net revenue of $398.7 million for Q4, a decrease from $510.6 million in Q4 2021. For the full year, revenue totaled $1.375 billion, down from $1.904 billion in 2021. The company posted a net income of $12.5 million in Q4, contrasting with a net loss of $60.9 million for the full year. Adjusted EBITDA for Q4 was $32 million, significantly below $39.5 million in Q4 2021. Looking ahead, Corsair expects 2023 revenue to stabilize at $1.35 billion to $1.55 billion amid a challenging economic landscape.

CORSAIR (NASDAQ: CRSR) has announced a major upgrade to its PC components line, featuring new products aimed at gamers and creators. Key launches include the AF RGB ELITE fan, which boasts improved airflow and customizable RGB lighting, and the iCUE ELITE CAPELLIX XT and ELITE LCD XT liquid CPU coolers. These coolers are designed for high-performance CPUs, compatible with Intel's 13th Gen and AMD's Ryzen 7000 Series. Additionally, CORSAIR introduced the 4000D and 5000D RGB AIRFLOW cases, enhancing airflow with included RGB fans. All products are available immediately through CORSAIR's webstore and authorized retailers.

CORSAIR has launched the innovative RMx SHIFT Series of power supplies, marking a groundbreaking shift in power supply design for custom PC builders. These ATX 3.0 certified units range from 750W to 1200W, featuring a side-positioned DC connector panel that enhances cable management and accessibility. The units boast 80 PLUS Gold certification and include a PCIe 5.0 GPU cable, ensuring compatibility with modern graphics cards like the NVIDIA GeForce RTX 40 Series. Each power supply is backed by a ten-year warranty and is designed for high performance, reliability, and efficiency, making them a top choice for enthusiasts.

Centana Growth Partners has appointed Sarah Mears Kim as a partner, expanding its senior investment team. Kim brings over 20 years of experience in investing and operations across various industries, including technology and financial services. She has served on the board of Corsair (Nasdaq: CRSR) and held positions at Archipelago Analytics and ICONIQ Capital. Her expertise in insurance and private equity aligns with Centana's investment strategy aimed at fostering innovation in financial services. The firm is focused on supporting growth within its portfolio through strategic investments.

Corsair Gaming (NASDAQ: CRSR) announced it will release its fourth quarter and full year 2022 financial results after NASDAQ close on February 9, 2023. The management will host a conference call at 2:00 p.m. Pacific Time that day to discuss the results. The call will be accessible via Corsair’s Investor Relations website or by phone. A replay will be available post-call and until February 16, 2023.

Corsair is a prominent developer of high-performance gear for gamers and content creators, encompassing award-winning PC components, peripherals, and streaming equipment. The company also sells products under its Elgato, SCUF Gaming, and ORIGIN PC brands.

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.