Prior guidance was $1.45B-$1.60B. Sees FY24 Adjusted operating income to be in the range of $48 million to $63 million. Adjusted EBITDA to be in the range of $60 million to $75 million. The Company “continues to expect revenue to improve through 2024, with a further improvement in adjusted EBITDA led by an additional improvement in margin, stabilized shipping costs and continued tight operating expense controls.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRSR:
- Corsair Gaming price target lowered to $11 from $16 at Stifel
- Corsair Gaming (NASDAQ:CRSR) Tanks 11% amid Weak Preliminary Q2 Results
- Corsair Gaming price target lowered to $10 from $14 at Baird
- Corsair Gaming reports preliminary Q2 revenue $261M, consensus $320M
- Corsair Gaming announces new partnership with TD Synnex