- Corsair Gaming press release ( NASDAQ: CRSR ): Q2 Non-GAAP EPS of -$0.20 misses by $0.21 .
- Revenue of $283.91M (-40.0% Y/Y) beats by $9.1M .
- "The sequential and year-over-year declines reflect the adverse impact of macro-economic headwinds affecting consumer spending on gaming gear, especially in Europe, and a channel inventory correction," the company said.
- Adjusted EBITDA was a loss of $11.0 million compared to $15.4 million in the first quarter of 2022 and $51.6 million in the second quarter of 2021.
- FY 2022 Guidance: Net revenue to be in the range of $1.35 billion to $1.45 billion vs. consensus of $1.66B
- Adjusted operating income to be in the range of $35 million to $50 million.
- Adjusted EBITDA to be in the range of $50 million to $65 million.
For further details see:
Corsair Gaming Non-GAAP EPS of -$0.20 misses by $0.21, revenue of $283.91M beats by $9.1M