Cricut Inc. (CRCT)
Cricut Inc.: There Are Still Visible Operational Headwinds
I maintain a sell rating for Cricut Inc. due to ongoing operational headwinds and a challenging consumer spending environment impacting near-term growth. 3Q24 earnings showed a 4% y/y revenue decline, gross margin compression, and a significant drop in EBITDA and net margins. Active users declined y/y for the first time, with management guiding further declines, indicating persistent demand challenges.
Cricut, Inc. (CRCT) Q3 2024 Earnings Call Transcript
Cricut, Inc. (NASDAQ:CRCT ) Q3 2024 Earnings Conference Call November 5, 2024 5:00 AM ET Company Participants Jim Suva - Senior Vice President of Finance and Treasurer Ashish Arora - Chief Executive Officer & Director Kimball Shill - Chief Financial Officer Conference Call Participants Erik Woodring - Morgan Stanley Angus Kelleher-Ferguson - Barclays Asiya Merchant - Citigroup Eric Sheridan - Goldman Sachs Operator Good day, and thank you for standing by. Welcome to the Cricut Q3 2024 Earnings Conference Call.
Cricut, Inc. (CRCT) Q3 Earnings Lag Estimates
Cricut, Inc. (CRCT) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.08 per share a year ago.
Earnings Estimates Rising for Cricut (CRCT): Will It Gain?
Cricut (CRCT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Cricut, Inc. (CRCT) Q2 2024 Earnings Call Transcript
Cricut, Inc. (NASDAQ:CRCT ) Q2 2024 Results Conference Call August 6, 2024 5:00 PM ET Company Participants Jim Suva - Senior Vice President of Finance and Treasurer Ashish Arora - Chief Executive Officer & Director Kimball Shill - Chief Financial Officer Conference Call Participants Eric Woodring - Morgan Stanley Angus Kelleher - Barclays Operator Good day, and thank you for standing by. Welcome to the Cricut Q2 2024 Earnings Conference Call.
Cricut, Inc. (CRCT) Surpasses Q2 Earnings Estimates
Cricut, Inc. (CRCT) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.07 per share a year ago.
3 Under $10 Stocks to Buy Now: June 2024
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