Corsair Gaming Shares Rise on Earnings Growth Amid Memory Supply Shortage

Dow Jones
Feb 13
 

By Katherine Hamilton

 

Corsair Gaming shares rallied in pre-market trading after the company reported fourth-quarter earnings growth that is expected to continue through the first quarter.

The stock gained 26% to $5.75 before the opening bell Friday. Shares closed Thursday at a 52-week low after dropping 63% over the past 12 months.

The maker of gaming gear and technology posted adjusted earnings of 43 cents a share in the fourth quarter, ahead of the 27 cents a share analysts polled by FactSet were forecasting.

Revenue rose 6% to $436.9 million, also beating the consensus estimate, which was $420.3 million.

Corsair said it saw growth in memory and components, which was driven by strong demand for system upgrades and new builds among performance-focused PC builders. The memory and semiconductor market is undergoing a shortage, but Corsair said it was able to secure supply during the quarter.

Sales in its gaming components and systems segment increased 11%, led by 24% growth in Corsair's memory business.

In the current quarter, Corsair expects adjusted earnings per share to be 18 cents to 22 cents, which would be above the 17 cents Wall Street is projecting. Its annual adjusted earnings outlook is 58 cents to 74 cents a share, while analysts are looking for 70 cents a share.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

February 13, 2026 06:29 ET (11:29 GMT)

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