secwatch.observer — SEC 8-K summary
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Issuer:     Corsair Gaming, Inc. (CRSR)
CIK:        0001743759
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0000950170-24-054467
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Corsair Gaming Q1 revenue $337M (-5% YoY), net loss $0.12 EPS; Gamer segment grows 20%
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- Net revenue $337.3M, down 5% YoY from $354.0M; net loss -$12.5M (-$0.12 diluted EPS) vs -$1.1M loss a year ago.
- Adjusted net income $9.5M ($0.09 diluted EPS) vs $11.9M ($0.11) prior year; Adjusted EBITDA $18.0M vs $20.6M.
- Gamer and Creator Peripherals revenue $107.0M, up 20% YoY, with record 40% gross margin. Gaming Components & Systems $230.3M, down 13%.
- Cash and restricted cash $130.2M as of March 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743759/000095017024054467/0000950170-24-054467-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743759/000095017024054467/crsr-20240507.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-054467

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