Cricut, Inc. Reports Third Quarter 2024 Financial Results
Cricut, Inc. - Class A common stock (CRCT)
Company Research
Source: GlobeNewswire
Paid subscribers over 2.8 million, up 5% over Q3 2023 Q3 2024 revenue of $167.9 million, down 4% compared to Q3 2023 Delivered 23rd consecutive quarter of profitability with net income of $11.5 million SOUTH JORDAN, Utah, Nov. 05, 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 results for its third quarter ended September 30, 2024. "We are pleased with the increase in paid subscribers in Q3 up 5% YoY to over 2.8 million, which exceeded our expectations. To benefit all members, we continued during the quarter to make improvements to our software platform, specifically in helping them search and find inspiring content on our platform and removing friction in designing their projects in Design Space," said Ashish Arora, Chief Executive Officer of Cricut. "Evidence that these efforts are having a positive
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CRCT
Earnings
- 11/5/24 - Miss
CRCT
Sec Filings
- 12/20/24 - Form 4
- 12/19/24 - Form 4
- 12/17/24 - Form 144
- CRCT's page on the SEC website