Why Corsair Gaming Shares Are Falling During Thursday's After-Hours Session

Corsair Gaming Inc CRSR shares are trading lower by 13.21% to $15.90 during Thursday’s after-hours session after the company issued first-quarter revenue guidance below analyst estimates. 

Corsair Gaming sees first-quarter 2022 revenue of approximately $380 million, which is lower than the analyst consensus estimate of  $447.43 million.

Corsair Gaming will release its first-quarter 2022 results and financial outlook after the Nasdaq close on Thursday, May 5.

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Corsair Gaming is engaged in the business of providing high-performance gear for gamers and content creators.

According to data from Benzinga Pro, Corsair Gaming has a 52-week high of $42.97 and a 52-week low of $17.45.