• News

Corsair (CRSR) Q2 2023 earnings results beat revenue expectations on in-line EPS

Corsair posted some modest numbers in its Q2 2023 earnings report.

Donovan Erskine

August 3, 2023 1:30 PM

Corsair

1

Corsair (CRSR), one of the more popular names in the world of PC equipment and accessories, has come forth with its earnings report for Q2 2023. It gives us a clearer idea of how the company performed over the past few months. In some decent news for shareholders, Corsair beat revenue expectations and was essentially on the mark for EPS expectations.

Corsair’s Q2 2023 earnings report was published as markets closed today. The company brought in $325.3 million in revenue during the quarter, which beat the $320 million analyst expectations. Corsair made $0.09 per share in Q2, which is exactly what Wall Street predicted.

Corsair CEO Andy Paul provided a statement alongside the earnings report.

Corsair stock (CRSR) skyrocketed in after-hours trading. The stock reached a valuation as high as $19, after being valued as low as $18 earlier today.

It wasn’t a mind-blowing quarter, but will likely please shareholders in the tech company. It’s a busy earnings day, so stick with Shacknews for the biggest financial stories from notable companies in tech and gaming.

Donovan Erskine

News Editor

Donovan is a journalist from Maryland. His oldest gaming memory is playing Pajama Sam on his mom's desktop during weekends. Pokémon Emerald, Halo 2, and the original Star Wars Battlefront 2 were some of the most influential titles in awakening his love for video games. After interning for Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He is a huge film fanatic and will talk with you about movies and games all day. You can follow him on twitter @Donimals_