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MILPITAS, Calif. - CORSAIR (NASDAQ:CRSR), a gaming peripherals company with annual revenue of $1.35 billion, saw its subsidiary Elgato announce Tuesday the release of its new Game Capture 4K S, an external capture device priced at $159.99 designed for game streaming across multiple platforms. According to InvestingPro data, CORSAIR’s stock has shown impressive momentum with a 39% gain year-to-date.
The new device supports recording in 4K60 quality with zero-latency passthrough and preview delay as low as 30ms. It can capture gameplay at up to 1440p120 and 1080p240 frame rates, catering to competitive gaming content creation. With CORSAIR’s market capitalization approaching $1 billion, this product launch comes at a crucial time as analysts maintain a moderate buy rating with price targets ranging from $8 to $13.
The 4K S features HDR10 passthrough capabilities up to 4K60, HDR10 capture up to 1080p60, and variable refresh rate support in a compact USB-C form factor. The device works with Windows 11, macOS 13, and iPadOS 18, as well as PlayStation, Nintendo Switch 2, and Xbox platforms.
"Our new 4K S is a game-changer for both professional and aspiring content creators," said Thi La, Chief Executive Officer of Corsair, in a press release statement.
The product includes compatibility with streaming software including OBS, Streamlabs, and TikTok Live Studio. It also comes with the new Elgato Studio App, which provides tools for social media content and thumbnail creation.
The Game Capture 4K S builds on Elgato’s previous HD60 X model and continues the company’s development of capture technology that began with its first gaming-specific capture card in 2012.
The device is available immediately through Elgato’s website and includes a two-year warranty. This launch represents Elgato’s continued focus on the content creator market, which has seen growing demand for high-quality streaming equipment across platforms like Twitch, YouTube, and TikTok. With earnings scheduled for July 31st, investors can access comprehensive analysis and additional insights through InvestingPro, which features detailed financial health scores and over 10 exclusive ProTips for CORSAIR.
In other recent news, Corsair Gaming reported its first-quarter 2025 earnings, showing a mixed financial performance. The company achieved a revenue of $396.8 million, exceeding the forecast of $366.2 million, but missed earnings per share (EPS) expectations, reporting $0.09 against a forecast of $0.11. Additionally, Corsair Gaming has entered into a new credit agreement with Bank of America, securing $225 million in credit facilities, which includes a $100 million revolving credit facility and a $125 million term loan. These facilities are set to mature on June 30, 2030, and reflect a strategic move to maintain financial flexibility.
Furthermore, Corsair’s CFO, Michael G. Potter, highlighted that the refinancing reflects the company’s solid financial position and supports its growth plans. The company also noted improvements in gross margin, which rose to 27.7% from 25.7% year-over-year, indicating operational efficiency despite challenges in profitability. The integration of Fanatec into Corsair’s operations was successful and is expected to drive incremental revenue. Despite uncertainties related to tariffs, Corsair remains optimistic about the hardware refresh cycle, particularly with NVIDIA’s 50 series GPUs. The company’s strategic focus on innovative products and operational efficiency continues to contribute to its growth.
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