Due to the ongoing macroeconomic uncertainty and the recent industry announcements regarding new game releases, the company is revising its financial outlook for FY25. The company currently expects gaming accessories markets to improve throughout 2025 but remain down for the full year compared to 2024, resulting in company net revenues in the range of $340M-$360M. As the company continues to execute on its profitability initiatives, it currently expects adjusted EBITDA to be between $47M-$53M.
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