2023-08-03 16:05:44 ET
- Corsair Gaming press release ( NASDAQ: CRSR ): Q2 Non-GAAP EPS of $0.09 in-line.
- Revenue of $325.4M (+14.6% Y/Y) beats by $2.55M .
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Financial Outlook
The Company reiterated its outlook for the full year 2023 for revenue to be flat to slightly up in a softer economic environment as compared to 2022. Corsair continues to expect an improvement for the full year 2023 in adjusted EBITDA led by an improvement in margin, normalized shipping costs, and continued tight operating expense controls.
- Net revenue for the full year 2023 is expected to be in the range of $1.35 billion to $1.55 billion, vs. consensus of $1.47B
- Adjusted operating income to be in the range of $75 million to $95 million.
- Adjusted EBITDA to be in the range of $90 million to $110 million.
For further details see:
Corsair Gaming Non-GAAP EPS of $0.09 in-line, revenue of $325.4M beats by $2.55M