Corsair (CRSR) Q3 2024 earnings results beat revenue expectations on surprise loss

Corsair (CRSR) Q3 2024 earnings results beat revenue expectations on surprise loss

As a seasoned gamer with a keen interest in the tech sector and a sizable investment portfolio, I’ve seen my fair share of market fluctuations. The recent earnings report from Corsair (CRSR) has left me feeling a bit like a rollercoaster ride, albeit one that took a sudden plunge in after-hours trading.


For the third quarter of 2024, Corsair (CRSR) unveiled their financial performance summary, revealing insights into their recent performance. Remarkably, they surpassed the anticipated revenue figures but fell short when it came to earnings per share (EPS) projections.

Today, Corsair revealed their Q3 2024 earnings report after market close. The company generated $304.2 million in revenue, slightly exceeding the projected $302 million. Yet, contrary to expectations, Corsair reported a loss of $0.29 per share, which is significantly more than the anticipated profit of $0.06 per share.

Corsair (CRSR) Q3 2024 earnings results beat revenue expectations on surprise loss

In post-market trading, Corsair Inc.’s (CRSR) stock experienced a significant drop. The shares dipped to a minimum value of $6.25, following a closing price of $7.09. Keep up with Shacknews for updates on the most significant financial news in the gaming and tech sector.

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2024-11-07 00:57