earnings
confidence high
sentiment neutral
materiality 0.60
Corsair Gaming reports Q3 preliminary revenue ~$391M, updates 2021 revenue guidance to $1.825B-$1.925B
Corsair Gaming, Inc.
2021-Q3 EPS reported
$0.76
revenue$1,393,438,000
- Q3 2021 preliminary net revenue approximately $391 million, impacted by supply chain and GPU shortage.
- Full-year 2021 revenue guidance updated to $1.825 billion to $1.925 billion.
- Company says revenue held back at least 10% by global logistics and lack of affordable GPUs.
- September 2021 was the strongest month in Q3, indicating return to seasonal ordering patterns.
- Full Q3 earnings and updated Adjusted Operating Income/EBITDA guidance to be released on November 2, 2021.