Corsair Gaming, Inc. Stock Price, News & Analysis

Corsair Gaming, Inc. (NASDAQ:CRSR) will host its 2022 Virtual Investor Day on January 20, 2022, from 7:00 a.m. to 9:30 a.m. Pacific Time. The event will feature presentations from CEO Andy Paul and CFO Michael G. Potter, focusing on the company's strategy, growth prospects, and long-term financial goals. Participants can access the live broadcast via Corsair’s Investor Relations website, where presentation materials and recordings will also be available for future viewing. This event underlines Corsair's commitment to transparency and investor engagement.

SCUF Gaming has launched its new line of gaming controllers, including the Reflex, Reflex Pro, and Reflex FPS, specifically designed for PlayStation 5. These controllers feature a patented paddle control system, customizable settings, and high-performance grips to enhance gameplay. The Reflex FPS model is tailored for first-person shooters with features like instant bumpers and triggers for faster response times. Starting at $199.99, these controllers are available exclusively at SCUF Gaming and aim to provide gamers with a competitive edge.

ORIGIN PC, a subsidiary of Corsair Gaming (NASDAQ: CRSR), commenced shipments of its new ORIGIN NEURON, MILLENNIUM, GENESIS, M-Class, and L-Class desktops just three weeks post-announcement. These desktops feature advanced DDR5 memory and the latest Intel Z690-chipset through partnerships with Asus and MSI. By leveraging CORSAIR’s hardware, they have sped up the development process, delivering top-performing systems to consumers ahead of the competition. With CORSAIR DDR5 production ramping up, the desktops will cater to growing demand into 2022.

Corsair Gaming, Inc. has launched the Flavor Rush K65 RGB MINI mechanical gaming keyboards, marking the debut of its CORSAIR COLLECTIONS product line.

Available exclusively on the CORSAIR webstore, these limited-edition keyboards feature four vibrant color schemes: Hint of Mint, Bubblegum Pop, Berry Wave, and Watermelon Blast.

The keyboards come with a new CORSAIR Artisan sails logo keycap and are supported by a two-year warranty. This launch sets the stage for more unique peripherals to follow under the CORSAIR COLLECTIONS theme.

Corsair Gaming (NASDAQ: CRSR) reported third-quarter financial results for the period ending September 30, 2021. Year-to-date revenue reached $1.393 billion, a 21.6% increase year-over-year, while net income stood at $76.2 million, or $0.76 per diluted share, up from $60.2 million in 2020. However, third-quarter revenue of $391.1 million marked a 14.4% decline, with net income dropping to $1.8 million from $36.4 million in the previous year. Adjusted EBITDA fell 56.6% to $27.6 million. The company indicated a positive future outlook but acknowledged challenges in logistics impacting growth.

Corsair Gaming has launched its new Dominator Platinum RGB DDR5 and Vengeance DDR5 memory lines, marking a significant upgrade to DDR5 technology. These modules support speeds up to 5,200MHz and capacities of up to 32GB per module, designed to work with the latest 12th Generation Intel® Core™ Processors and Z690 motherboards. The iCUE software allows for advanced customization and voltage regulation, enhancing performance stability. Both product lines are available immediately and come with a limited lifetime warranty.

Elgato, a key player in hardware and software for streamers, partners with Snap to integrate Augmented Reality Snap Lenses into its EpocCam app. This innovative collaboration allows users to enhance their video feeds with real-time AR effects, creating immersive streaming experiences. At launch, 15 custom-themed Snap Lenses will be available, offering unique visual enhancements like virtual backgrounds and fun filters. The EpocCam app is available for download on the iOS App Store, with a Pro version priced at $7.99 for additional features.

Corsair Gaming (NASDAQ:CRSR) has launched its new iCUE ELITE LCD Display Liquid CPU Coolers, featuring a 2.1” LCD screen that displays system metrics and customizable visuals, enhancing both performance monitoring and aesthetic appeal.

Alongside, the new ML RGB ELITE Series fans are introduced, designed for powerful cooling combined with RGB lighting. The coolers come in various radiator sizes and are backed by a five-year warranty, with the fans under a two-year warranty, emphasizing quality and customer support.

Voicemod has expanded its strategic partnership with CORSAIR, integrating its voice morphing technology into the CORSAIR iCUE software. This integration allows CORSAIR's 10 million users to enhance their social interactions during gaming. By utilizing Voicemod's technology, users can create unique sonic identities and engage more effectively. This collaboration signifies Voicemod's commitment to expanding in the B2B sector, with expectations for future integrations. Both companies aim to improve real-time engagement in the evolving digital landscape.