Razer reports first profit since 2014, record high $1.2 bn revenue

Gaming hardware maker Razer has posted a net income of $5.63 million for the financial year ended December 2020, recording the company's first profit since 2014. The company has also reported a record high revenue of $1.2 billion with 48% year-on-year growth. Most of Razer's income came from hardware, as the unit contributed $1.08 billion in sales.