Corsair (CRSR) is one of the latest companies to release its earnings report, showing shareholders and analysts how it financially performed over the previous period. In Corsair’s (CRSR) Q4 2021 earnings report, the company reveals that it beat expectations for both revenue and earnings-per-share.
Corsair (CRSR) shared its Q4 2021 earnings report on February 8, detailing its financial performance over the past few months. In the report, we see that Corsair pulled in $510.6 million in revenue, easily beating the $495.3 million expectation. The company also reported $.35 per share, which beats the expectation of $.25.
Following the release of the earnings report, Corsair’s (CRSR) stock price fell from a daily high of $21.30 to a low of $18.48. This massive drop came despite the fact that Corsair beat both revenue and EPS expectations. Corsair CEO Andy Paul provided a statement with the report.
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Donovan is a young journalist from Maryland, who likes to game. 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 Scream nerd and film fanatic that will talk with you about movies and games all day. You can follow him on twitter @Donimals_