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, 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
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.
CORSAIR (NASDAQ: CRSR) will announce its third quarter 2022 results after the Nasdaq closes on November 3, 2022. Management will host a conference call at 2:00 p.m. Pacific Time to discuss the financial results and outlook. Investors can access the call via CORSAIR's Investor Relations website or by phone. A replay will be available on their website and through a dedicated phone line until November 10, 2022.
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