Cricut Reports Q3 Revenue of $188.6 Million and GAAP EPS of $0.13
Cricut, Inc. (CRCT) has reported its third-quarter financial results, highlighting a significant revenue beat. The company achieved total revenue of $188.6 million, representing a 10.7% increase year-over-year and exceeding expectations by $16.58 million. The company also posted a GAAP earnings per share (EPS) of $0.13 for the quarter. Despite the strong top-line performance and revenue beat, the stock experienced a slight decline of 1.16% following the announcement.
Tickers: $CRCT
Topics: earnings beat GAAP EPS revenue growth