secwatch.observer — SEC 8-K summary
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Issuer:     Corsair Gaming, Inc. (CRSR)
CIK:        0001743759
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0000950170-23-060215
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743759/000095017023060215/0000950170-23-060215-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743759/000095017023060215/crsr-20231107.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-060215

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer