
Corsair's Elgato Launches Facecam 4K; Groundbreaking Solution Mainstreams 4K60 Video
Thi La, Chief Executive Officer of Corsair, said, 'We're excited to give creators the tools they need to enhance their brand image, and this is just one step in our broader plan to drive further innovation."
Share
Facecam 4K is available now, representing a major innovative leap in webcam technology, making broadcast-quality video and professional creative control more accessible than ever. With results rivaling many professional cameras, Facecam 4K proves that incredible video no longer requires a prohibitively expensive setup.
Thi La, Chief Executive Officer of Corsair, said, 'Facecam 4K is a great example of how Elgato continues to lead in creator technology, delivering pro-level 4K60 quality without the usual cost or complexity. As the creator economy evolves, we see opportunities to expand what a streaming webcam can do, especially through software, filters, and deeper app integrations. We're excited to give creators the tools they need to enhance their brand image, and this is just one step in our broader plan to drive further innovation.'
Customers can order Facecam 4K starting today on elgato.com and at authorized retailers in CORSAIR's global network.
Webpages
Learn more about Facecam 4K: https://elgato.com/p/facecam-4k
Get high-resolution product images: https://e.lga.to/Facecam_4K_Press_Kit
Get the Camera Hub app: https://elgato.com/s/downloads
About Elgato
Elgato is a world leader in online audiovisual technology, empowering content creators and digital professionals to transform their ideas into immersive, impactful experiences. From award-winning cameras, microphones, and lighting to control surfaces, capture cards, and studio mounts, Elgato sets industry benchmarks that shape the status quo of digital storytelling. Backed by parent company CORSAIR (Nasdaq: CRSR), the brand leverages a strong global distribution network and consistent product innovation to deliver sustained growth. A trusted name in a rapidly expanding market, Elgato drives value for both creators and investors through its commitment to excellence and forward-thinking strategy.
About Corsair Gaming
Corsair (Nasdaq: CRSR) is a leading global developer and manufacturer of high-performance products and technology for gamers, content creators, and PC enthusiasts. From award-winning PC components and peripherals to premium streaming equipment and smart ambient lighting, Corsair delivers a full ecosystem of products that work together to enable everyone, from casual gamers to committed professionals, to perform at their very best. Corsair also sells products under its Fanatec brand, the leading end-to-end premium Sim Racing product line; Elgato brand, which provides premium studio equipment and accessories for content creators; SCUF Gaming brand, which builds custom-designed controllers for competitive gamers; Drop, the leading community-driven mechanical keyboard brand; and ORIGIN PC brand, a builder of custom gaming and workstation desktop PCs.
Forward-Looking Statements
This press release contains express and implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the refinancing supporting the Company's growth plan and providing it flexibility to act on growth investments. Forward-looking statements are based on our management's beliefs, as well as assumptions made by, and information currently available to them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: the Company's limited operating history, which makes it difficult to forecast the Company's future results of operations; current macroeconomic conditions, including the impacts of high inflation and risk of recession, on demand for our products, consumer confidence and financial markets generally; changes in trade regulations, policies, and agreements and the imposition of tariffs that affect our products or operations, including potential new tariffs that may be imposed on U.S. imports and our ability to mitigate; the Company's ability to build and maintain the strength of the Company's brand among gaming and streaming enthusiasts and ability to continuously develop and successfully market new products and improvements to existing products; the introduction and success of new third-party high-performance computer hardware, particularly graphics processing units and central processing units as well as sophisticated new video games; fluctuations in operating results; the loss or inability to attract and retain key management; the impacts from geopolitical events and unrest; delays or disruptions at the Company or third-parties' manufacturing and distribution facilities; and the other factors described under the heading 'Risk Factors' in our Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission ('SEC') and our subsequent filings with the SEC. All forward-looking statements reflect our beliefs and assumptions only as of the date of this press release. We undertake no obligation to update forward-looking statements to reflect future events or circumstances.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Upstart Holdings (UPST) Drops 18.7% After Earnings
We recently published . Upstart Holdings, Inc. (NASDAQ:UPST) is one of the worst-performing stocks on Wednesday. Upstart Holdings fell by 18.74 percent on Wednesday to close at $67.14 apiece as investors appeared to have already priced a strong earnings performance prior to the official release of its second quarter results, meriting a profit-taking. In its updated report, Upstart Holdings, Inc. (NASDAQ:UPST) said it swung to a net income of $5.6 million from a $54.5 million net loss in the same period last year. Revenues more than doubled to $257.29 million from $127.6 million year-on-year. In the first half, Upstart Holdings, Inc. (NASDAQ:UPST) posted a $3.16 million net income, reversing a $119.07 million net loss in the same period last year. Total revenues jumped by 84 percent to $470.66 million from $255 million. Following the results, Upstart Holdings, Inc. (NASDAQ:UPST) raised its full-year revenue guidance to $1.055 billion from $1.01 billion previously, as well as adjusted EBITDA to 20 percent versus 19 percent previously. Copyright: stokkete / 123RF Stock Photo In the third quarter, the company is gunning for a total revenue of $280 million, with revenues from fees expected to be at $275 million, while the rest is expected to come from net interest income. While we acknowledge the potential of UPST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
Yahoo
21 minutes ago
- Yahoo
Celsius Stock Soars After a Breakthrough Quarter
Key Points Celsius stock opened 19% higher on Thursday after the company posted blowout financial results. Revenue soared 84% for the company, fueled almost entirely by the addition of Alani Nu to the Celsius portfolio. The bigger surprise is the bottom line, with second-quarter earnings nearly doubling analyst expectations. 10 stocks we like better than Celsius › There were signs that Celsius Holdings (NASDAQ: CELH) was ready to turn the corner in the second quarter that it reported on Thursday morning. After three rough quarters of negative top-line growth, the closing of its transformative acquisition of Alani Nu at the start of April guaranteed a sharp reversal on the top line for the three subsequent months. The bigger mystery for the lifestyle brand behind functional sparkling beverages was going to be the bottom line, and that turned out to be the even bigger positive surprise. Shares of Celsius opened sharply higher on Thursday following the head-turning report. It was a great quarter, but it's also important to frame the big jumps -- in terms of both financials and the stock's reaction -- in a proper manner. Let's crack open a can and dive into this well-received performance. Sparkling with a twist of sublime Celsius was already one of this year's biggest surprises, soaring 62% heading into Thursday's quarterly update. After a brutal 2024, the shares were up sharply despite a weak trail of recent financial results. Most of this year's gain was attributed to just two events, and none of them are related to the legacy business of its namesake product line. The first pop happened in February, when Celsius announced the $1.8 billion acquisition of Alani Nu. It was the right deal at the time. With its own business fading in the previous year, Alani Nu gave it another lifestyle beverage brand that was on the rise. Third-party retail sell-through tracking data showed that Alani Nu's year-over-year sales were up 78% in the month before the deal was announced. It's like an old high school friend showing up at a class reunion with someone clearly out of their league on their arm. The price was even better. Somehow Celsius was able to seal the deal for a net price that valued Alani Nu at a compelling 3 times trailing sales and just 12 times earnings before interest, taxes, depreciation, and amortization (EBITDA) -- and in an important footnote -- adjusted for what would've been the synergies of a corporate combination. The lifeless Celsius was trading at an enterprise value multiple of 4.4 times trailing sales and 37 times EBITDA. The second pop came in May when Celsius announced that the acquisition had closed at the start of April, guaranteeing the new trophy spouse's presence for all of the second quarter. Canned laughter all the way to the bank Celsius was obviously going to get a boost in non-organic revenue growth on Thursday. No one was expecting $739.3 million in revenue, an 84% year-over-year burst. Analysts were only modeling a 64% jump. Alani Nu's revenue contribution clocked in at $301.2 million, accounting for 89% for the total $337.3 million top-line increase. There are a few significant things worth breaking down here. Alani Nu's year-over-year retail sales soared 129% in the second quarter, so business has been accelerating since the deal was announced earlier this year. However, equally notable is that the original Celsius business still eked out a 3% uptick in sales. This ends the brand's streak of three quarters of declining revenue. There was also no sandbagging here, as this year's growth is comped against the last time that Celsius delivered sales growth. Let's close on the bottom line where the fireworks really shine and go "kaboom." Celsius got a great deal in the acquisition, seemingly because Alani Nu was having some operational hiccups. Celsius received a $150 million tax benefit as a dowry, lowering the net price of the deal to $1.65 billion. The projected adjusted EBITDA multiple on Alani Nu was based on how Celsius could realize cost-saving synergies in the combination. It didn't take long to clean up the combined entity. Analysts were modeling an adjusted profit of $0.24 a share for the quarter, a dip from the $0.28 a share that Celsius earned on its own a year earlier. The actual adjusted profit this time around was $0.47 a share, a 68% gain and nearly double the market's expectations. It's more than sweetened bubbles for the effervescent beverage stock. Its combined market share of the domestic retail sales market has grown from 15.5% to 17.3%. The narrative suddenly turns bullish, especially with the next three quarters having favorable comps against the three periods of negative revenue growth for Celsius on its own. Remember the $1.65 billion net price for Alani Nu? An hour into Thursday's trading day, Celsius stock is up just over 20% -- an increase in Celsius' market cap of nearly $2.5 billion. Once a beverage goes flat it's hard to get the fizz back, but that doesn't seem to apply to Celsius stock right now. Should you buy stock in Celsius right now? Before you buy stock in Celsius, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Celsius wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $635,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,099,758!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Rick Munarriz has positions in Celsius. The Motley Fool has positions in and recommends Celsius. The Motley Fool has a disclosure policy. Celsius Stock Soars After a Breakthrough Quarter was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 minutes ago
- Yahoo
Vertex (VERX) Hits New Low on Tempered Growth Outlook
We recently published . Vertex Inc. (NASDAQ:VERX) is one of the worst-performing stocks on Wednesday. Vertex fell to a new 52-week low on Wednesday as investor sentiment was dented by its lower growth outlook for the full year 2025 amid ongoing challenges. At intraday trading, Vertex Inc. (NASDAQ:VERX) shares dropped to their lowest price of $25.11, marking a 24-percent decline before paring losses to end the day just down by 18.05 percent at $27.10 apiece. In its updated earnings report, Vertex Inc. (NASDAQ:VERX) said it now targets revenues between $750 million and $ 754 million, lower than the $760 million to $768 million as expected previously. Adjusted EBITDA outlook was also reduced to $156 million to $160 million from the $161 million to $165 million projected previously. Photo by Kaleidico on Unsplash 'While underlying demand for our solutions remains strong, extended sales cycles and delayed customer decision-making impacted the timing of new contract signings in the latter part of the second quarter. This, in turn, impacts our full year 2025 expected revenue,' said Vertex Inc. (NASDAQ:VERX) CFO John Schwab. While we acknowledge the potential of VERX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .