Corsair Gaming (CRSR) Set to Announce Quarterly Earnings on Thursday

Corsair Gaming CRSR Set to Announce Quarterly Earnings on Thursday
Corsair Gaming (NASDAQ:CRSR - Get Rating) is scheduled to announce its earnings results after the market closes on Thursday, November 3rd. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Corsair Gaming has set its FY 2022 guidance at EPS.Individual that wish to listen to the company's earnings conference call can do so using this link. Corsair Gaming (NASDAQ:CRSR - Get Rating) last released its earnings results on Thursday, August 4th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by ($0.27). Corsair Gaming had a positive return on equity of 4.42% and a negative net margin of 2.43%. The company had revenue of $283.90 million during the quarter, compared to analysts' expectations of $274.81 million. During the same quarter in the previous...

Logitech G and Tencent are building a cloud gaming handheld set to release later this year

Logitech G and Tencent are building a cloud gaming handheld set to release later this year
Logitech G, the gaming-focused branch of the maker of PC and console peripherals, has announced a partnership with Tencent Games to release a “cloud gaming handheld” later this year. The two companies are in talks with the teams behind Xbox Cloud Gaming and Nvidia GeForce Now, which presumably means that these services will be supported out of the box. They will allow gamers to play AAA titles on the go. The announcement talks solely of cloud gaming – it’s not even clear if any games will be able to run on the device itself. This sets it apart from the likes of the Steam Deck, which is focused on local gaming (it can do cloud gaming too, but it’s cumbersome without an onboard 5G or even 4G connection). Renders of Tencent's "PC Console" from a patent filed in 2020 This could be unrelated, but earlier this...