Recap: Cricut Q4 Earnings - Cricut (NASDAQ:CRCT)

Cricut 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.