Corsair Gaming Q3 2023 revenue $363.2M (+16.5% YoY); raises FY2023 guidance

Corsair Gaming, Inc.

2023-Q3 EPS reported -$0.03 revenue$1,042,589,000

Net revenue $363.2M, up 16.5% YoY; gaming components $272.8M, peripherals $90.4M.
Net loss narrowed to $3.1M ($0.03 loss/share) from $8.9M; adjusted net income $13.4M ($0.13/share).
Adjusted EBITDA $23.0M vs $10.1M YoY; cash $147.8M.
FY2023 revenue guidance tightened to $1.4B-$1.5B (prev $1.35B-$1.55B); adj EBITDA $95M-$105M.
Acquired Drop assets; expect revenue/cost benefits in early 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

Corsair Gaming, Inc. reported third quarter ended September 30, 2023 results: revenue $363.2 million, net income Net loss attributable to common shareholders was $3.1 million, or net loss of $0.03 per diluted share, EPS net loss of $0.03 per diluted share. Guidance reaffirmed.

Period: third quarter ended September 30, 2023
Revenue: $363.2 million
Net income: Net loss attributable to common shareholders was $3.1 million, or net loss of $0.03 per diluted share
EPS: net loss of $0.03 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

results for the third quarter ended September 30, 2023, and updated its financial outlook for the full year 2023. Third Quarter 2023 Select Financial Metrics • Net revenue was $363.2 million compared to $311.8 million in the third quarter of 2022, an increase of 16.5%. Gaming components and systems segment net revenue was $272.8 million compared to $214.9 million in

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Corsair Gaming, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-060215

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