Cricut Inc. (CRCT) Misses Q3 EPS by 3c

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Cricut, Inc. Reports Third Quarter 2022 Financial Results

November 8, 2022 4:05 PM EST

Total users grew to nearly 7.5 million, up 30% over Q3 2021

Paid subscribers increased to nearly 2.5 million, up 35% over Q3 2021

Delivered Q3 2022 revenue of $177.0 million, 32% decline compared to a strong prior year Q3 2021

Delivered 15th consecutive quarter of profitability with net income of $12.4 million

SOUTH JORDAN, Utah, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Cricut, Inc. (Cricut) (NASDAQ:... More