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Cricut (NASDAQ:CRCT) reported its Q4 earnings results on Tuesday, March 5, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Cricut missed estimated earnings by 0.0%, reporting an EPS of $0.05 versus an estimate of $0.05.
Revenue was down $49.51 million from the same period last year.
Last quarter the company beat on EPS by $0.01 which was followed by a 9.0% drop in the share price the next day.
Here's a look at Cricut's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.06 | 0.07 | 0.06 |
| EPS Actual | 0.08 | 0.07 | 0.07 | 0.05 |
| Revenue Estimate | 196.30M | 176.50M | 207.45M | 241.40M |
| Revenue Actual | 174.91M | 177.76M | 181.23M | 280.76M |
To track all earnings releases for Cricut visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: CRCT
