Corsair Gaming Preliminary Q2 Revenue About $261 Million, Gaming Components Weak
Corsair Gaming said preliminary unaudited second-quarter 2024 revenue was approximately $261 million and that results in its Gaming Components and Systems segment were disappointing for revenue and margins. The company said its Gamer and Creator Peripherals segment grew 20% year over year, but it did not update its financial outlook and will report full results on August 1, 2024.
- Preliminary unaudited revenue for the quarter ended June 30, 2024 is approximately $261 million.
- CEO Andy Paul said Gaming Components and Systems results were disappointing for revenue and margins, with recovery expected in the second half of 2024 and 2025.
- Gamer and Creator Peripherals segment revenue grew 20% year over year, the third consecutive quarter of growth.
- Full second-quarter results and outlook will be released after the Nasdaq close on August 1, 2024.