Corsair Gaming Reports First Quarter 2022 Financial Results
Corsair Gaming, Inc. (CRSR)
Company Research
Source: Business Wire
FREMONT, Calif.--(BUSINESS WIRE)--Corsair Gaming, Inc. (Nasdaq:CRSR) (“Corsair”), a leading global provider and innovator of high-performance gear for gamers and content creators, today announced financial results for the quarter ended March 31, 2022.First Quarter 2022 HighlightsNet revenue was $380.7 million, in line with the Company’s preliminary revenue provided on April 21, 2022. This represents an increase of 23.4% compared to the pre-pandemic first quarter of 2020, and a decrease of 28.1% compared to the first quarter of 2021, which included stimulus checks and pent-up demand.Gamer and creator peripherals segment revenue was $134.1 million, an increase of 76.8% compared to the pre-pandemic first quarter of 2020, and a decrease of 23.7% compared to the first quarter of 2021.GAAP operating income declined 103.7% to a loss of $2.5 million compared to $67.3 million in the first quarter of 2021. Adjusted operating income declined 83.4% to $13.3 million compared to $80.4 million i
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News
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- Corsair Gaming, Inc. (NASDAQ: CRSR) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $18.00 price target on the stock.MarketBeat
- Corsair Gaming, Inc. (NASDAQ:CRSR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Corsair Gaming Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
CRSR
Earnings
- 5/7/24 - Beat
CRSR
Sec Filings
- 5/7/24 - Form S-8
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- CRSR's page on the SEC website