Corsair Gaming Sees Prelim. Q2 Revenue ~$261M Vs $319.977M Est.
Portfolio Pulse from Benzinga Newsdesk
Corsair Gaming announced preliminary Q2 revenue of approximately $261 million, significantly below the estimated $319.977 million.
July 18, 2024 | 8:30 pm
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NEGATIVE IMPACT
Corsair Gaming's preliminary Q2 revenue of $261 million is significantly below the estimated $319.977 million, indicating potential financial struggles.
The significant shortfall in preliminary Q2 revenue compared to estimates suggests potential financial difficulties, likely leading to a negative short-term impact on Corsair Gaming's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100