secwatch.observer — SEC 8-K summary
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Issuer:     Corsair Gaming, Inc. (CRSR)
CIK:        0001743759
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001564590-23-001666
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Corsair Gaming Q4 revenue $398.7M, down 22% YoY; full-year net loss $60.9M
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- Q4 net revenue $398.7M vs $510.6M in Q4 2021; net income $12.5M ($0.12 diluted EPS) vs $24.7M ($0.25) a year ago.
- Full-year 2022 net revenue $1,375.1M, down 28% from $1,904.1M in 2021; net loss $60.9M ($0.63 loss per share) vs net income $101.0M.
- Gamer & creator peripherals segment revenue fell 32% YoY in Q4; gaming components & systems segment fell 16% YoY.
- Adjusted EBITDA for Q4 was $32.0M (8% margin) vs $39.5M (7.7% margin); full-year adjusted EBITDA $46.5M vs $199.2M.
- Cash and equivalents $154.1M at year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743759/000156459023001666/0001564590-23-001666-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743759/000156459023001666/crsr-8k_20230209.htm
  HTML page:      https://secwatch.observer/filing/0001564590-23-001666

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer