earnings
confidence high
sentiment negative
materiality 0.80
Corsair Q2 revenue $283.9M, operating loss $55.0M, down sharply YoY
Corsair Gaming, Inc.
2022-Q2 EPS reported
-$0.68
revenue$664,599,000
- Net revenue of $283.9M, down 40% from $472.9M in Q2 2021; sequential decline from $380.7M in Q1 2022.
- Operating loss of $55.0M compared to operating income of $34.7M in Q2 2021.
- Gamer and creator peripherals revenue $89.0M (down 43% YoY); gaming components $194.9M (down 39% YoY).
- Net loss per diluted share of $0.62 vs net income of $0.28 per share in Q2 2021.
- Adjusted EBITDA loss of $11.0M vs positive $51.6M in Q2 2021.