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Cricut(CRCT) - 2024 Q2 - Quarterly Report
2024-08-06 23:56
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.001 per share CRCT The Nasdaq Global Select Market FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: ...
Cricut(CRCT) - 2024 Q2 - Quarterly Results
2024-08-06 20:08
Cricut, Inc. Reports Second Quarter 2024 Financial Results Paid subscribers over 2.8 million, up 3% over Q2 2023 Connected machines revenue growth of 18% over Q2 2023 Q2 2024 revenue of $167.9 million, down 6% compared to Q2 2023 Delivered 22nd consecutive quarter of profitability with net income of $19.8 million, up 23% over Q2 2023 SOUTH JORDAN, Utah, August 6, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. ("Cricut") (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making ...
Cricut, Inc. Reports Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-08-06 20:05
Paid subscribers over 2.8 million, up 3% over Q2 2023 Connected machines revenue growth of 18% over Q2 2023 Q2 2024 revenue of $167.9 million, down 6% compared to Q2 2023 Delivered 22nd consecutive quarter of profitability with net income of $19.8 million, up 23% over Q2 2023 SOUTH JORDAN, Utah, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. ("Cricut") (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worldwide, today announced financial re ...
Cricut to Announce Second Quarter 2024 Financial Results on August 6, 2024
GlobeNewswire News Room· 2024-07-16 20:05
SOUTH JORDAN, Utah, July 16, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. ("Cricut") (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worldwide, today announced it will report its financial results for the second quarter ended June 30, 2024 after the U.S. markets close on Tuesday, August 6, 2024. Cricut management will host a conference call and webcast to discuss the results that afternoon at 3:00 p.m. Mountain Time (5:00 p.m. Eastern Time). Abo ...
3 Under $10 Stocks to Buy Now: June 2024
Investor Place· 2024-06-19 11:48
Picking stocks under $10 to buy now isn't easy, particularly in light of today's mega-caps making up so much of the wider market's movement. Typically, stocks under $10 fall into one of just a handful of camps: penny stocks destined to struggle to break free from micro-cap status, once-great winners slowly circling the drain, or highly speculative stocks with massive upside potential buffered by equally significant downside risk. AST SpaceMobile (NASDAQ:ASTS) being a prime example of the lattermost segment ...
Cricut(CRCT) - 2024 Q1 - Earnings Call Transcript
2024-05-08 01:25
Cricut, Inc. (NASDAQ:CRCT) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Jim Suva - SVP, Finance, Treasurer & IR Ashish Arora - CEO & Director Kimball Shill - CFO Conference Call Participants Angus Kelleher - Barclays Capital Asiya Merchant - Citi Investment Research Operator Welcome to the cricket Q1 2024 earnings conference call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session to ask a qu ...
Cricut(CRCT) - 2024 Q1 - Quarterly Report
2024-05-07 23:59
TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-40257 Cricut, Inc. (State or other jurisdiction of incorporation or organization) Identification Number) 10855 South River Front Parkway South ...
Cricut, Inc. (CRCT) Beats Q1 Earnings Estimates
Zacks Investment Research· 2024-05-07 23:31
Cricut, Inc. (CRCT) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 28.57%. A quarter ago, it was expected that this company would post earnings of $0.07 per share when it actually produced earnings of $0.05, delivering a surprise of -28.57%.Over the last four quarters, the company ha ...
Cricut(CRCT) - 2024 Q1 - Quarterly Results
2024-05-07 20:08
Delivered 21st consecutive quarter of profitability with net income of $19.6 million, up 116% over Q1 2023 • Diluted earnings per share was $0.09 up from $0.04 per share in Q1 2023. • Towards the end of Q1, we launched Cricut Value Materials online. Designed to deliver maximum performance at a great price, this new offering was aimed to compete effectively with online marketplaces, which are more price competitive and require hitting the right price points with shipping economics to compete more effectively ...
Cricut(CRCT) - 2023 Q4 - Earnings Call Presentation
2024-03-06 01:06
Financial cricut. Numerous factors could couse our actual results and events to differ materially from those expressed or implied by forward-looking statements including, but not limited to, uncertainties cassociated with: our ability to attract and engage with our users; competitive risks; supply chain, manufacturing, distribution and fulfillment risks; intern including regulation and tariffs that have materially increased our costs and the potential for further trade barries or disruptions; soles and mark ...