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.

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.

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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