18 Words From Corsair Gaming CEO Could Spell Monster Returns for Investors
Corsair Gaming (NASDAQ: CRSR) continued to experience high demand for its gaming peripherals and PC-building components in the first quarter of 2021.
A quick look at the headline numbers shows total revenue jumped 72% year over year, but a shift to higher-margin streaming products contributed to a robust increase in adjusted earnings per share of 420% over the year-ago quarter.
During the first-quarter earnings call, CEO Andy Paul said the company saw continued growth in players buying components to build $2,000-plus gaming PCs. Clearly, the pandemic-driven momentum is still with the company in early 2021, but Paul also noted that Corsair is nowhere close to realizing its long-term opportunity.
Source Fool.com
