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Corsair Raises FY21 Sales From $1.8B-$1.95B To $1.9B-$2.1B vs $1.9B Est.


Benzinga | May 4, 2021 07:31AM EDT

Corsair Raises FY21 Sales From $1.8B-$1.95B To $1.9B-$2.1B vs $1.9B Est.

Financial Outlook

The Company is updating guidance for the full-year 2021 as indicated below:

* Raising net revenue to be in the range of $1.9 billion to $2.1 billion from $1.8 billion to $1.95 billion.

* Raising adjusted operating income to be in the range of $235 million to $255 million from $205 million to $220 million.

* Raising adjusted EBITDA to be in the range of $245 million to $265 million from $215 million to $230 million.







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