Corsair Stock Soars 55% After Q4 Double Beat, $50M Buyback

Corsair Gaming shares are powering higher. Why is CRSR stock surging?Double Beat, Segment Performance And Share RepurchaseCorsair reported adjusted earnings per share of 43 cents, beating the consensus estimate of 27 cents. In addition, the company reported revenue of $436.85 million, beating the consensus estimate of $421.99 million, and representing a 6% year-over-year increase.Gaming Components and Systems revenue grew more than 11% year-over-year in the fourth quarter, driven by 24% growth in the compan ...