Cricut, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
Cricut, Inc. - Class A common stock (CRCT)
Company Research
Source: GlobeNewswire
Delivered 7th consecutive year of profitability with net income of $53.6 million, or 7.0% margin Generated $288.1 million in Cash from Operations in 2023 Total users grew to over 8.9 million, up 13% over FY 2022 Paid subscribers increased to 2.77 million, up 6% over FY 2022 Delivered FY 2023 revenue of $765.1 million, 14% decline compared to FY 2022 66% of total users cut on their Connected Machine in 2023 SOUTH JORDAN, Utah, March 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 fourth quarter and full year ended December 31, 2023. “We moved through 2023 focused on profitability even as we navigated a dynamic consumer discretionary environment. We are encouraged by our 49% operating income increase in Q4 year over year and the positive uplift from
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News
- The best sales to shop this weekend: Drybar, Kammok, Nespresso and more [CNN]CNN
- Cricut's newest cutting machine is the perfect size for casual crafters [USA TODAY]USA TODAY
- Is Cricut, Inc.'s (NASDAQ:CRCT) Stock Price Struggling As A Result Of Its Mixed Financials? [Yahoo! Finance]Yahoo! Finance
- Cricut to Announce First Quarter 2024 Financial Results on May 7, 2024GlobeNewswire
- Be Wary Of Cricut (NASDAQ:CRCT) And Its Returns On Capital [Yahoo! Finance]Yahoo! Finance
CRCT
Earnings
- 3/5/24 - Miss
CRCT
Sec Filings
- 4/3/24 - Form ARS
- 4/3/24 - Form DEFA14A
- 4/3/24 - Form DEF
- CRCT's page on the SEC website