CRCT

Cricut, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, March 5, 2024
International, Growth, Total, CRCT, Investment, Video game

However, we were disappointed that sales fell in the quarter and full year by 18% and 14%, respectively.

Key Points: 
  • However, we were disappointed that sales fell in the quarter and full year by 18% and 14%, respectively.
  • “We intend to boost our marketing efforts and spending in 2024 to generate more interest and demand throughout the funnel.
  • We will keep concentrating on acquiring new users and enhancing their engagement and revenue generation.”
    Revenue was $231.2 million compared to $280.8 million in Q4 2022.
  • Net income was $11.3 million or 4.9% of revenue, compared to $10.9 million or 3.9% of revenue in Q4 2022.

Cricut to Present at Upcoming Investor Conferences

Retrieved on: 
Monday, February 26, 2024
CRCT

SOUTH JORDAN, Utah, Feb. 26, 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 that members of its management team are scheduled to present at upcoming investor conferences.

Key Points: 
  • SOUTH JORDAN, Utah, Feb. 26, 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 that members of its management team are scheduled to present at upcoming investor conferences.
  • Details for the events are as follows:
    The presentations will be webcast live on the investor relations section of Cricut’s website at https://investor.cricut.com/.
  • A replay of the presentations will be available on the website following the completion of the events.

Cricut Finds 71% of Women Draw Inspiration and Feel Empowered by Other Women

Retrieved on: 
Monday, March 4, 2024
Office Products, Technology, Health, Women, Entertainment, Mental Health, Retail, Software, Consumer, Hardware, Other Entertainment, International, Woman, Mental health, Friends, Female, Hobby, DIY, Life, CRCT, Family, Ageing, Research

Cricut commissioned a survey of more than 3,000 women aged 25-55 in the U.S. and found that 60% of women feel overwhelmed with their various roles and daily responsibilities.

Key Points: 
  • Cricut commissioned a survey of more than 3,000 women aged 25-55 in the U.S. and found that 60% of women feel overwhelmed with their various roles and daily responsibilities.
  • The Cricut experience is far from limited, just like the different roles we play daily as women.”
    Key takeaways from the survey include:
    Women are drawing inspiration from each other: with 71% reporting they draw inspiration from and feel empowered and supported by other women.
  • Younger generations are among the highest, with 76% aged 25-35 drawing inspiration from and feeling empowered and supported from other women, compared to 69% of women aged 36-45 and 66% of women aged 46-55.
  • 85% of women who parent would like to spend more time practicing self-care, compared to 73% of women who are non-parents.

Cricut to Announce Fourth Quarter 2023 Financial Results on March 5, 2024

Retrieved on: 
Tuesday, February 13, 2024
Cricut, PIN, CRCT

SOUTH JORDAN, Utah, Feb. 13, 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 it will report its financial results for the fourth quarter ended December 31, 2023 after the U.S. markets close on Tuesday, March 5, 2024.

Key Points: 
  • SOUTH JORDAN, Utah, Feb. 13, 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 it will report its financial results for the fourth quarter ended December 31, 2023 after the U.S. markets close on Tuesday, March 5, 2024.
  • Cricut management will host a conference call and webcast to discuss the results that afternoon at 3:00 p.m. Mountain Time (5:00 p.m. Eastern Time).
  • A live webcast of the earnings call will be available on Cricut’s investor relations website at https://investor.cricut.com/ .
  • To access the audio call, please pre-register using this link: Cricut Q4 2023 Earnings Pre-Registration .

Cricut, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023
International, CRCT, Growth, Investment, Video game, Mobile phone, Security (finance), Operation, Cricut

SOUTH JORDAN, Utah, Nov. 07, 2023 (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, 2023.

Key Points: 
  • “The third quarter was strong from a profitability perspective, with operating income +36% year over year despite a 1% sales decline.
  • As we mentioned before, in 2023, we are focused on profitability and remain disciplined in our investments to generate value over time.
  • We launched two new products in the quarter: Joy Xtra and Cricut Venture.
  • The Cricut platform now has over 8.6 million total users, up 16% over the third quarter last year.

Cricut to Announce Third Quarter 2023 Financial Results on November 7, 2023

Retrieved on: 
Tuesday, October 17, 2023
PIN, CRCT, Cricut, Cryptocurrency

SOUTH JORDAN, Utah, Oct. 17, 2023 (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 it will report its financial results for the third quarter ended September 30, 2023 after the U.S. markets close on Tuesday, November 7, 2023.

Key Points: 
  • SOUTH JORDAN, Utah, Oct. 17, 2023 (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 it will report its financial results for the third quarter ended September 30, 2023 after the U.S. markets close on Tuesday, November 7, 2023.
  • Cricut management will host a conference call and webcast to discuss the results that afternoon at 3:00 p.m. Mountain Time (5:00 p.m. Eastern Time).
  • A live webcast of the earnings call will be available on Cricut’s investor relations website at https://investor.cricut.com/ .
  • To access the audio call, please pre-register using this link: Cricut Q3 2023 Earnings Pre-Registration .

Cricut to Present at Upcoming Investor Conferences

Retrieved on: 
Tuesday, August 29, 2023
CRCT, Citigroup, Conference, Cryptocurrency

SOUTH JORDAN, Utah, Aug. 29, 2023 (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 that members of its management team are scheduled to present at upcoming investor conferences.

Key Points: 
  • SOUTH JORDAN, Utah, Aug. 29, 2023 (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 that members of its management team are scheduled to present at upcoming investor conferences.
  • Details for the events are as follows:
    Goldman Sachs Communacopia + Technology Conference on Tuesday, September 5, 2023, in San Francisco.
  • Citi's 2023 Global Technology Conference on Thursday, September 7, 2023, in New York City.
  • The presentations will be webcast live on the investor relations section of Cricut’s website at https://investor.cricut.com/.

Cricut launches Cricut Joy Xtra, expanding its platform and cutting machine portfolio

Retrieved on: 
Tuesday, August 29, 2023
Other Consumer, Technology, Office Products, Other Retail, Specialty, Software, Hardware, Consumer, Retail, Transfer, Life, Material, Multimedia, DIY, CRCT, Printable, Power, Create, 3D printing, Nightclub, Cricut

Cricut, Inc. (NASDAQ: CRCT), the leading creative DIY platform, today announced its newest cutting machine — Cricut Joy Xtra.

Key Points: 
  • Cricut, Inc. (NASDAQ: CRCT), the leading creative DIY platform, today announced its newest cutting machine — Cricut Joy Xtra.
  • With its compact size, Cricut Joy Xtra was designed to fit in any space, no craft room required.
  • Beginning on September 7, 2023, Cricut Joy Xtra will be available for $199 on Cricut.com and at many retailers where Cricut is sold.
  • Foils, writes, and draws – Work with the Cricut Joy Foil Transfer Tool and Cricut Joy pens and markers.

Cricut, Inc. Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 8, 2023
International, History, CRCT, Growth, Food delivery, Mobile phone, Video game, Operation, Cricut, Q2

SOUTH JORDAN, Utah, Aug. 08, 2023 (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 second quarter ended June 30, 2023.

Key Points: 
  • “We finished the quarter in line with our expectations and launched some important innovations.
  • On July 18th, we launched Cricut Venture, the largest and fastest connected cutting machine on the Cricut Platform.
  • Cricut Venture represents the fourth, all-new architecture of connected machines in our history and demonstrates our commitment to innovation.
  • “We delivered our 18th consecutive quarter of positive net income and continue to generate healthy cash flow on an annual basis.

Cricut to Announce Second Quarter 2023 Financial Results on August 8, 2023

Retrieved on: 
Tuesday, July 18, 2023
CRCT, Cricut, PIN, Cryptocurrency

SOUTH JORDAN, Utah, July 18, 2023 (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 it will report its financial results for the second quarter ended June 30, 2023 after the U.S. markets close on Tuesday, August 8, 2023.

Key Points: 
  • SOUTH JORDAN, Utah, July 18, 2023 (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 it will report its financial results for the second quarter ended June 30, 2023 after the U.S. markets close on Tuesday, August 8, 2023.
  • Cricut management will host a conference call and webcast to discuss the results that afternoon at 3:00 p.m. Mountain Time (5:00 p.m. Eastern Time).
  • A live webcast of the earnings call will be available on Cricut’s investor relations website at https://investor.cricut.com/ .
  • To access the audio call, please pre-register using this link: Cricut Q2 2023 Earnings Pre-Registration .