Cricut Inc. (CRCT) Misses Q2 EPS by 3c

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Go back to Cricut Inc. (CRCT) Misses Q2 EPS by 3c

Cricut, Inc. Reports Second Quarter 2022 Financial Results

August 9, 2022 4:05 PM EDT

Total users grew to nearly 7.2 million, up 34% over Q2 2021

Paid subscribers increased to nearly 2.4 million, up 34% over end of Q2 2021

Delivered Q2 2022 revenue of $183.8 million, 45% decline compared to a strong prior year Q2 2021

Delivered 14th consecutive quarter of profitability with net income of $13.8 million

Board of Directors authorized $50 million share repurchase program

SOUTH JORDAN, Utah, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Cricut, Inc. (Cricut) (NASDAQ: CRCT), the creative technology company that has brought a connected... More