earnings
confidence high
sentiment negative
materiality 0.75
Corsair Q4 revenue $413.6M, adjusted EPS $0.23; full year net loss $99.2M
Corsair Gaming, Inc.
2024-FY EPS reported
-$0.95
revenue$1,316,379,000
- Q4 net revenue $413.6M (-0.9% YoY); GAAP net income $1.3M ($0.01 diluted) vs $6.2M ($0.06) in Q4 2023.
- Full year 2024 net revenue $1,316.4M (-9.8% YoY); net loss $99.2M ($0.95 loss per diluted share) vs net income $3.2M in 2023.
- Adjusted EBITDA fell to $54.7M in 2024 from $95.1M in 2023; adjusted net loss $2.7M vs adjusted net income $58.3M.
- Gamer & Creator Peripherals segment grew: Q4 $169.6M (+24% YoY), full year $472.7M (+20% YoY).
- Gaming Components & Systems segment declined: Q4 $244.1M (-13% YoY), full year $843.7M (-21% YoY).