earnings
confidence high
sentiment neutral
materiality 0.55
Corsair posts record FY2021 revenue of $1.9B (+11.8% YoY); Q4 revenue down 8.2% YoY
Corsair Gaming, Inc.
2021-FY EPS reported
$1.01
revenue$1,904,060,000
- FY2021 net revenue $1,904.1M (+11.8% YoY); peripherals +20%, components +8.1%.
- FY2021 net income $101.0M ($1.01 diluted EPS) vs $103.2M ($1.14); adjusted net income $144.9M ($1.45) vs $145.0M ($1.60).
- Q4 2021 net revenue $510.6M (-8.2% YoY); net income $24.7M ($0.25) vs $43.0M ($0.43) prior year.
- Adjusted Q4 EBITDA $39.5M vs $72.5M prior year; company guides continued growth for 2022.