Cricut Inc. (CRCT) Reports In-Line Q1 EPS

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Go back to Cricut Inc. (CRCT) Reports In-Line Q1 EPS

Cricut, Inc. Reports First Quarter 2022 Financial Results

May 10, 2022 4:05 PM EDT

Total users grew to over 6.9 million, up 40% over Q1 2021

Paid subscribers climbed to over 2.3 million, up 43% over end of Q1 2021

Delivered quarterly revenue of $244.8 million, 24% decline compared to a strong prior year Q1 2021

Delivered 13th consecutive quarter of profitability with net income of $23.5 million

SOUTH JORDAN, Utah, May 10, 2022 (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... More