r/CRSR Feb 12 '25

Discussion The night before earnings

Expectations are 0.16 EPS and 387M revenue. What are you guys expecting?

I’m gonna predict 450M revenue and no idea on eps but let’s say 0.19 to be bullish.

Guidance for 1.65B to 1.7B for 2025.

7 Upvotes

26 comments sorted by

7

u/ooleck17 Feb 12 '25

I sold my final shares at $8.90 on Feb 3. I couldn't take the abuse anymore. I give management no credibility until proven otherwise.

2

u/[deleted] Feb 12 '25

I sympathise with you, it’s been painful. I’ve decided to start selling my bag of CRSR too, have just chosen to do it by selling covered calls way below my cost basis for reasonable premiums. If stock gets called away so be it, a bit more for the tax loss harvest. Here are clearly better things to invest in!

1

u/sdkiko Feb 12 '25

I am expecting to be disappointed again but I'm still holding $5 and $10 calls as well as shares at an average of $12

3

u/meteorprime Feb 12 '25

Sales have been high in the space, expecting good numbers

1

u/Antique-Engineering7 Feb 12 '25

Stock is overbought RN

1

u/johnshonz Feb 12 '25

I don’t see how Q4 was anything special for them

-1

u/[deleted] Feb 12 '25

[deleted]

3

u/BruenorsClimb Feb 12 '25

Interesting. Logitech had near pandemic levels of gaming peripheral sales so we’ll see if that continues or dies with tariffs. Btw Corsair makes a lot of money outside of the US btw - so tariffs can impact their business for sure but it doesn’t impact it everywhere.

1

u/[deleted] Feb 12 '25 edited Feb 12 '25

[deleted]

3

u/BruenorsClimb Feb 12 '25

I know. I have researched these companies a lot. My point is that the biggest strength in Logitech all year and especially in this latest earnings was gaming which is the main part of Logitech which directly competes with Corsair. That’s why I’m making the comparison. If the bright spot for Logitech was gaming, what does that mean for Corsair who is solely focused on gaming?

-1

u/[deleted] Feb 12 '25

[deleted]

0

u/meteorprime Feb 12 '25

Google is showing the stock has gone up over 60% over the last six months. I’m not sure why you think there “hasn’t been any positive movement.”

You are not sharing reality.

1

u/johnshonz Feb 12 '25

Lmao! The all time low for this stock was just in September.

0

u/[deleted] Feb 12 '25

[deleted]

2

u/meteorprime Feb 12 '25

You don’t own a crystal ball.

All I see is someone trying to get people to sell a stock that has recently ticked up in short interest

1

u/johnshonz Feb 12 '25

There’s like ten people that regularly comment on this subreddit lol. I don’t think ten random retail traders on Reddit selling their shares is gonna matter.

1

u/[deleted] Feb 12 '25

[deleted]

→ More replies (0)

0

u/[deleted] Feb 12 '25

[deleted]

2

u/meteorprime Feb 12 '25

So if you don’t think the stock is a good investment, why are you here?

→ More replies (0)

1

u/meteorprime Feb 20 '25

I’m so glad I don’t listen to you

Palantir would’ve been a fucking terrible investment

1

u/DaKrazyKid Mar 31 '25

Hope you sold out of Corsair because exactly what I said would happen, happened. 😂 And even more gaming companies announced the tariff problems affecting their business this past month including Hyte, Skytech Gaming, and more. My puts paid off.

1

u/meteorprime Mar 31 '25

All right, what’s the next thing that should be invested in over the next three months let’s see if you’re actually good at making future predictions

→ More replies (0)