Shares of Corsair Gaming, Inc. (CRSR) surged 7.45% in pre-market trading on Friday, following the release of the company's second-quarter earnings report for 2025. Despite missing earnings estimates, the gaming hardware manufacturer posted strong revenue growth that surpassed analysts' expectations.
Corsair Gaming reported adjusted earnings of 1 cent per share for the quarter ended June 30, falling short of the mean analyst expectation of 3 cents per share. However, this still marks an improvement from the loss of 7 cents per share reported in the same quarter last year. More impressively, the company's revenue rose 22.5% to $320.11 million, exceeding the analyst consensus of $311.10 million.
While Corsair Gaming reported a quarterly loss of $17 million, investors appear to be focusing on the company's robust revenue growth and year-over-year improvement in adjusted earnings. The stock's pre-market rally suggests that market participants are optimistic about Corsair's trajectory, despite the earnings miss. Year-to-date, Corsair Gaming shares have gained 34.8%, indicating sustained investor confidence in the company's prospects within the competitive gaming hardware market.