Corsair Gaming, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 07, 2024 at 04:00 pm EDT
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Corsair Gaming, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 337.26 million compared to USD 353.96 million a year ago. Net loss was USD 11.57 million compared to USD 2.01 million a year ago.
Basic loss per share from continuing operations was USD 0.12 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to USD 0.01 a year ago.
Corsair Gaming Inc. is a provider and innovator of high-performance products for gamers and digital creators such as streamers, vloggers, and broadcasters. The Companyâs personal computer (PC) components products offer its customers multiple options to build their customized gaming and workstation desktop PCs. The Company operates through two segments: Gamer and creator peripherals, and Gaming components and systems. The Gamer and creator peripherals segment include its high-performance gaming keyboards, mice, headsets, controllers, and streaming products, which includes capture cards, stream Decks, microphones, and audio interfaces, facecam streaming cameras, studio accessories and gaming furniture, among others. The Gaming components and systems segment Includes its high-performance power supply units (PSUs), cooling solutions, computer cases, and DRAM modules, as well as high-end prebuilt and custom-built gaming PCs and laptops, and gaming monitors, among others.