earnings
confidence high
sentiment negative
materiality 0.75
Corsair Q3 net revenue falls 14.4% YoY to $391M; adjusted EPS $0.16 vs $0.54
Corsair Gaming, Inc.
2021-Q3 EPS reported
$0.76
revenue$1,393,438,000
- Net income dropped to $1.8M ($0.02 diluted) from $36.4M ($0.40) a year ago.
- Gamer/creator peripherals revenue $139.3M (-13.8%); components/systems $251.9M (-14.8%).
- Adjusted EBITDA fell 56.6% to $27.6M vs $63.5M in Q3 2020.
- Year-to-date net revenue rose 21.6% to $1,393M; adjusted diluted EPS $1.10 vs $1.05.