Published , by Chris Jarrard
Published , by Chris Jarrard
For those who have been a part of the PC gaming community for twenty-five years or more, the name Corsair (NASDAQ: CRSR) probably brings up some fond memories. The company made its name in the mid-1990s selling RAM modules and later expanded its portfolio to include power supplies, keyboards, cases, and much more. In a year where PC and PC component sales have skyrocketed due to the COVID-19 pandemic, the financial performance of Corsair is sure to pique interest. The company will release first quarter 2021 earnings before the market opens on May 4, 2021. A conference call to discuss its results will follow at 5:30 a.m. PT.
Scheduled for 5:30 a.m PT / 8:30 a.m. ET, the Corsair (CRSR) Q1 2021 earnings call will be simulcast over the internet through the Corsair Investor Relations portal.
Corsair closed trading on the Nasdaq exchange at $33.44 on Monday, May 5. The news on today’s call is expected to be positive due to market conditions and the public’s unquenched thirst for PC hardware. As a provider of teleconference and streaming hardware, Corsair has done well in previous quarters. That said, like all other companies with a global reach, the ongoing chip shortage will likely affect Corsair’s ability to fully meet the demands that consumers have for its products.