Welcome to our dedicated page for Corsair Gaming news (Ticker: CRSR), a resource for investors and traders seeking the latest updates and insights on Corsair Gaming stock.
Corsair Gaming, Inc. develops and sells high-performance products for gamers, streamers, content creators, gaming PC builders, and sim racing enthusiasts. Its recurring news centers on financial results and guidance across Gamer and Creator Peripherals and Gaming Components and Systems, product launches for keyboards, audio platforms, streaming equipment, smart ambient lighting, PC components, and custom systems, and updates from brands including Fanatec, Elgato, SCUF Gaming, Drop, and ORIGIN PC.
Company updates also cover partnerships in gaming and esports, investor conference presentations, margin and demand trends, supply-chain and tariff effects, and capital actions such as share repurchase authorization. Product announcements often connect Corsair hardware with software ecosystems used by gamers and creators, including Elgato and Stream Deck.
Corsair Gaming, Inc. (NASDAQ:CRSR) has unveiled the new SABRE RGB PRO WIRELESS gaming mouse, a part of its CHAMPION SERIES family. This mouse emphasizes competition performance, weighing only 79g for rapid movements and featuring a 26,000 DPI optical sensor, the highest in Corsair’s lineup. The mouse utilizes SILPSTREAM WIRELESS technology for sub-1ms input transmission and boasts up to 90 hours of battery life. Available now, it's designed with esports pros' feedback to enhance gaming experience.
Opera GX, the first browser designed specifically for gamers, has integrated CORSAIR's iCUE software, enabling dynamic interaction between the browser and CORSAIR gear. Users can customize their devices with unique effects triggered by various browser actions, enhancing the gaming experience. The recent update allows users to select from preset animations or import GIFs for personalized effects. With features like resource management tools and a dedicated Discord server, Opera GX aims to tailor the online experience for millions of gamers worldwide.
Corsair Gaming (NASDAQ:CRSR) announces the continuation of its partnership with Ubisoft for the integration of immersive RGB lighting effects in its iCUE devices with the launch of Far Cry 6 on October 7, 2021. This integration enhances gaming experiences by syncing lighting with in-game events. Corsair plans to bundle digital copies of Far Cry 6 with the purchase of eligible iCUE-compatible products. The partnership aims to elevate player immersion, building on successful integrations from previous titles like Far Cry 5.
Corsair Gaming has successfully refinanced its 2017 credit facilities with a new $350 million credit facility, which includes a $250 million term loan and a $100 million revolving line-of-credit, maturing in 2026. This refinancing is expected to save the company over $10 million in cash interest expenses from Q3 2021 through 2022. The interest rate on the new loan is significantly reduced to LIBOR plus 1.25%, down from the previous 4.75%. This move aims to strengthen Corsair's financial position and provide additional growth capital for future initiatives.
CORSAIR (NASDAQ:CRSR) has launched the HS80 RGB WIRELESS Gaming Headset, featuring industry-leading SLIPSTREAM WIRELESS technology for PC and console gamers. This headset offers 24bit audio, up to 60ft wireless range, and compatibility with PS5's Tempest 3D AudioTech. It includes a floating headband design for comfort, 20 hours of battery life, and a broadcast-grade microphone. The product is now available with a two-year warranty from CORSAIR's webstore and authorized retailers.
SCUF Gaming and Corsair Gaming have launched the SCUF Instinct and Instinct Pro controllers designed for Xbox Series X|S. These controllers feature a new ergonomic design with four programmable back paddles, adjustable Instant Triggers, and extensive customization options. The Instinct Pro includes high-performance grip and immediate trigger action, ideal for fast-paced games. Both versions are priced at $169.99 and $199.99, respectively, and are available on SCUF's website.
Corsair Gaming, Inc. (NASDAQ:CRSR) reported a record second quarter for 2021, achieving $472.9 million in net revenue, a 24.3% increase year-over-year. Key segments include gamer and creator peripherals with $155.2 million in revenue (+40.9%) and gaming components at $317.7 million (+17.6%). Gross profit reached $130.4 million, a 24.1% rise, while net income rose to $27.7 million, or $0.28 per diluted share. Despite strong results, operating income decreased 4.7%. The company anticipates full-year revenue between $1.9 billion and $2.1 billion.
Corsair Gaming, Inc. (NASDAQ:CRSR), a leading provider of high-performance gaming gear, has announced its second quarter 2021 earnings release date as August 3, 2021, before market open. A conference call will follow at 5:30 AM PT to discuss the results. Additionally, CEO Andy Paul and CFO Michael G. Potter will present at the Cowen Internet & Media Virtual Bus Tour on August 12, 2021. Corsair continues to innovate in gear for gamers and content creators across various brands including Elgato and SCUF Gaming.
Corsair Gaming, Inc. (NASDAQ:CRSR) announced the launch of Elgato's Facecam, a professional-grade webcam capturing video in Full HD 1080p60. Featuring a Sony Starvis image sensor for exceptional indoor lighting performance, it offers optimized fixed focus and a wide field of view. Alongside Facecam, Corsair introduced several new products, including the Wave XLR microphone interface and an updated Stream Deck with customizable features. All products are available immediately with a two-year warranty, enhancing options for streamers and content creators.
Corsair Gaming has launched the 7000 Series full-tower ATX cases, the 7000D AIRFLOW and 7000X RGB, designed for ambitious PC builders. Both models accommodate massive cooling setups with space for up to three 360mm radiators. The 7000D features a high-airflow front panel, while the 7000X showcases tempered glass for aesthetics. Additionally, the new H170i ELITE CAPELLIX Liquid CPU Cooler offers extreme cooling performance with a 420mm radiator and customizable RGB lighting. All products are available immediately with warranties of two and five years, respectively.