Corsair Gaming, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 04:11 pm EST
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Corsair Gaming, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 363.19 million compared to USD 311.77 million a year ago. Net loss was USD 3.08 million compared to USD 6.21 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to USD 0.09 a year ago.
For the nine months, sales was USD 1,042.59 million compared to USD 976.37 million a year ago. Net loss was USD 9.57 million compared to USD 61.1 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.77 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to USD 0.77 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.