Corsair Gaming Q1 2022: revenue $380.7M (-28% YoY), GAAP EPS -$0.05 vs $0.47

Corsair Gaming, Inc.

2022-Q1 EPS reported $0.05 revenue$380,691,000

Net revenue $380.7M, down 28.1% YoY from $529.5M; comparable to pre-pandemic Q1 2020 up 23.4%.
GAAP operating loss $2.5M vs income $67.3M; adjusted operating income $13.3M vs $80.4M.
GAAP diluted EPS -$0.05 vs $0.47; adjusted diluted EPS $0.09 vs $0.58.
Gamer and creator peripherals revenue $134.1M, down 23.7% YoY but up 76.8% from pre-pandemic Q1 2020.
Adjusted EBITDA $15.4M vs $80.4M in Q1 2021.

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