Recap: Cricut Q2 Earnings

 

Cricut CRCT reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Cricut missed estimated earnings by 33.33%, reporting an EPS of $0.06 versus an estimate of $0.09.

Revenue was down $150.74 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 3.76% drop in the share price the next day.

Here's a look at Cricut's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.11   0.16 0.20
EPS Actual 0.11 0.05 0.13 0.22
Revenue Estimate 269.12M 407.51M 256.82M 319.08M
Revenue Actual 244.78M 387.83M 260.10M 334.49M

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.

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