Welcome to our dedicated page for RZZRY news (Ticker: RZZRY), a resource for investors and traders seeking the latest updates and insights on RZZRY stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RZZRY's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RZZRY's position in the market.
Razer reported FY2021 revenues of US$1,619.6 million, a 33.3% increase year-on-year, driven by strong demand in the first half of the year. The company achieved a net profit of US$43.4 million, up from US$0.8 million the previous year. Despite these gains, Razer cautions that challenges from geopolitical tensions, COVID-19 impacts, and supply chain issues may hinder growth momentum into 2022. Future investments in new growth areas may strain operating expenses but are seen as necessary for long-term success.
Razer has announced a multi-year partnership with Envy Gaming, making Razer the official peripherals partner. This collaboration will supply gaming headsets, keyboards, mice, and more to Envy's esports teams, including OpTic Texas, Dallas Fuel, and others. The partnership aims to enhance esports experiences and expand Razer's presence in North American esports, targeting millions of fans. Razer will also feature in the Call of Duty League as the exclusive brand for in-game operator skins. Upcoming events include a major LAN tournament in Texas from March 3-6.
Razer has launched the RazerStore Rewards program, enhancing opportunities for gamers to earn Razer Silver with every purchase at Razer.com and RazerStores globally. The program allows members to earn 25 Razer Silver for every 1 USD spent, with increased rewards at higher levels of spending. Members can redeem Razer Silver for gaming gear and credits across over 300 titles. This initiative aims to provide a seamless redemption experience and to expand the rewards catalog continuously.
Razer has launched its new productivity peripherals, including the Pro Click Mini wireless mouse, Pro Type Ultra wireless keyboard, and Pro Glide XXL mouse mat. Designed for enhanced performance, these products boast multi-device connectivity, extended battery life, and a quieter operation. The Pro Click Mini offers tactile silent switches, while the Pro Type Ultra features soft-touch keycaps and an ergonomic design. These peripherals cater to the needs of modern workspaces, enhancing productivity and comfort.
RazerCon 2021, the world’s first carbon-neutral livestream for gamers, attracted over 1.5 million viewers, significantly surpassing last year's audience. The event, hosted on October 21, 2021, showcased Razer's entrance into the high-performance PC components industry, new products including the Razer Zephyr Air Purifier, Enki gaming chairs, and the Kraken V3 headset family. The Razer Gold platform expanded its user base to over 30 million globally. The event also featured partnerships with major brands and highlighted Razer's commitment to sustainability.
Razer has introduced the "Champions Start from Within" wellness program to support esports athletes in managing their physical and mental health. Collaboration with experts will provide accessible resources such as articles, videos, and one-on-one consultations. The program addresses the growing concern of mental and physical health challenges in esports, where the average retirement age is around 25. The initiative aims to create a healthier gaming environment through education and community engagement.
Razer announces RazerCon 2021, the first-ever carbon-neutral gaming livestream event, scheduled for
Razer announces the return of RazerCon 2021 on October 21, 2021, as the first-ever carbon-neutral gaming livestream event. Following last year's success, this digital event will engage gamers worldwide with exclusive reveals, game previews, and a keynote by CEO Min-Liang Tan. The event includes segments featuring major partners like Norton Gaming and Intel, along with live entertainment from various artists. The stream will be powered by Razer's Chroma RGB technology, enhancing the viewer experience while offsetting carbon emissions via Verified Carbon Standard credits.
Razer has unveiled new additions to its console lineup, including the Kaira X headsets for Xbox and PlayStation, and the Wolverine V2 in sleek white. The Kaira X boasts Razer TriForce 50mm drivers for enhanced audio and comfort features, available in various colors matching Xbox controllers. Additionally, a Universal Quick Charging Stand for Xbox controllers has been launched in vibrant colors. All products are available for pre-order or purchase starting September 23, 2021, with prices ranging from $39.99 to $149.99, depending on the model.
FAQ
What is the market cap of RZZRY (RZZRY)?
