Corsair Gaming (CRSR) Q2 2025 Earnings Call August 07, 2025 05:00 PM ET Speaker0Greetings, and welcome to CORSA Gaming's Second Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. I'd now like to turn the conference over to your host, Mr.David Pascali with Investor Relations. Thank you, and you may proceed, sir.Speaker1Thank you, oper ...

AUGUST 7, 2025 INVESTOR PRESENTATION DISCLAIMER Forward Looking Statements This presentation contains express and implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the Company's financial outlook for the full year 2025; market headwinds and tailwinds, including its expectations regarding the gaming market's continued growth; new product launches, the entry into new product categories and demand f ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) ...

Exhibit 99.1 Corsair Reports Strong Q2 2025 with Double-Digit Year-Over-Year Growth in Revenue and Gross Profit MILPITAS, CA, August 7, 2025 – Corsair Gaming, Inc. (Nasdaq: CRSR) ("Corsair" or the "Company"), a leading global provider and innovator of high-performance products for gamers, streamers, content-creators, gaming PC builders and SIM driving enthusiasts, today announced its financial results for the second quarter ended June 30, 2025. Corsair delivered another strong quarter, achieving double-digi ...

Summary of Coursera Conference Call Company Overview - **Company**: Coursera - **CEO**: Tee La (newly appointed as of July 1) - **CFO**: Michael Potter - **Industry**: Online education and digital learning Key Points and Arguments Company Strategy and Vision - Tee La emphasized the need for a new chapter in the company's growth, focusing on consistent growth and margin discipline [16] - The company aims to expand market share and product innovation, with a focus on direct-to-consumer engagement [17] - There is a strategic emphasis on enhancing the e-commerce platform to adapt to changing consumer behaviors, particularly with the rise of AI-driven shopping [18] Market Dynamics - The gaming market is highlighted as a significant opportunity, with over 3 billion gamers and a growing creator economy of 200 million active streamers [8][9] - The DIY market is stable with a total addressable market (TAM) of $3 billion, while the newly entered Sim Racing category has a TAM of $1 billion with double-digit growth [10] - The company is preparing for a new upgrade cycle in gaming hardware, driven by new GPU releases from NVIDIA and AMD [30][31] Product Innovation and Ecosystem - Coursera has 25-26 product lines, with plans to enhance innovation consistency across all categories [21] - The integration of products within an ecosystem is a priority, aiming to create seamless experiences for consumers [22] - Recent product launches at Computex received positive recognition, indicating strong community engagement and market interest [47] Financial Performance and Margins - The growth in the gamer and creator peripheral segment has positively impacted overall margins, with a focus on higher-margin products [24][27] - Direct-to-consumer sales are expected to further enhance margins by eliminating channel costs [26] - The company is strategically positioned to benefit from lower tariff impacts due to its diversified manufacturing locations [38][41] Challenges and Opportunities - The company acknowledges the cyclical nature of the gaming business and the impact of GPU supply and demand on its performance [29] - There is a focus on global expansion, particularly in the underserved Asian market [13][20] - The integration of AI in internal operations has improved customer satisfaction and operational efficiency, contributing to better margins [52][56] Future Outlook - The company is optimistic about the upcoming gaming titles and the potential for increased consumer engagement and sales [11][31] - There is a commitment to exploring M&A opportunities that align with the company's growth strategy, particularly in the gaming and creative segments [50] Additional Important Content - The transition to AI-driven customer support has led to improved customer satisfaction scores [52] - The company is leveraging AI for product development and marketing, enhancing overall operational efficiency [52][56] - The CEO's background in technology and product development is seen as a key asset for driving future growth [5][16]

Financial Data and Key Metrics Changes - The company reported strong growth in Q1, with significant improvements in gross margins, particularly in the Gaming Components and Systems segment, which reached the highest levels in two years [39][41] - The overall revenue growth is expected to continue, with a focus on maintaining low expenses to achieve higher EBITDA margins [58][62] Business Line Data and Key Metrics Changes - The components business experienced notable year-over-year growth, driven by the GPU launch cycle, while peripherals also saw growth, primarily due to the Fanatec acquisition [6][44] - The peripherals segment showed strong double-digit growth throughout 2024, although growth slowed slightly in Q1 compared to previous quarters [42][44] Market Data and Key Metrics Changes - The gaming market continues to expand, with younger demographics spending more time gaming, which supports the company's growth [10][24] - The acquisition of Fanatec is expected to enhance market share in the racing sim products sector, which has a total addressable market exceeding $1 billion [45][52] Company Strategy and Development Direction - The company is focusing on customization and AI integration in its products, aiming to enhance customer experience and product offerings [27][30] - The leadership transition to Tee La is anticipated to bring a stronger emphasis on customization and AI, leveraging her extensive experience within the company [26][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's resilience to macroeconomic volatility, citing the ongoing GPU cycle as a significant tailwind [23][24] - The company is well-positioned to navigate tariff uncertainties, having already moved much of its production outside of China [16][19] Other Important Information - The company has a low net debt position and is focusing on growing revenue without significantly increasing expenses, which is expected to improve margins [62][63] - The integration of Fanatec into the company's systems has been completed, and there are plans to expand its market reach beyond direct-to-consumer sales [52][53] Q&A Session Summary Question: What impact have tariffs had on the business? - The company has minimized direct shipments from China, with only 19% of US products coming from there, and expects this to decrease to mid-single digits by year-end [16][17] Question: How does the company view its competitive position regarding sourcing? - The company believes it is in a better position than competitors due to its proactive measures in moving production out of China [20][21] Question: How resilient is the business to macroeconomic conditions? - Management noted that economic uncertainty often leads consumers to spend more time gaming at home, which can positively impact peripheral sales [24][25] Question: What changes can be expected under the new CEO? - Tee La is expected to emphasize customization and AI integration, building on her long-standing role within the company [26][28] Question: What is the outlook for the GPU cycle? - The GPU cycle is a significant driver for new PC builds, and the current launch is expected to spur additional revenue as demand exceeds supply [31][34] Question: How does the company plan to achieve higher EBITDA margins? - The strategy involves growing revenue while controlling expenses, particularly by focusing on higher-margin peripheral products [58][60]

Corsair Gaming (CRSR) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Company Participants David Pasquale - Investor RelationsAndy Paul - Co-Founder & CEOTHI LA - President and COOMichael Potter - CFONone - Executive Conference Call Participants Aaron Lee - Senior Research Analyst Operator Afternoon, and welcome to Corsair Gaming's First Quarter twenty twenty five Earnings Conference Call. As a reminder, today's call is being recorded, and your participation implies consent to such recording. At this time, a ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-39533 Corsair Gaming, Inc. (Exact Name of Registrant as Specified in Its Charter) (State ...

Corsair Gaming (CRSR) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Speaker0 Afternoon, and welcome to Corsair Gaming's First Quarter twenty twenty five Earnings Conference Call. As a reminder, today's call is being recorded, and your participation implies consent to such recording. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. With that, I would now like to turn the call over to David Pasquale with Investor Relations. Tha ...

Q1 2025 UPDATE May 6, 2025 DISCLAIMER Forward Looking Statements This presentation contains express and implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the Company's financial outlook for the full year 2025; market headwinds and tailwinds, including its expectations regarding the gaming market's continued growth; new product launches, the entry into new product categories and demand for new pro ...