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Cricut Inc - CRCT STOCK NEWS

Welcome to our dedicated news page for Cricut (Ticker: CRCT), a resource for investors and traders seeking the latest updates and insights on Cricut.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cricut's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cricut's position in the market.

Rhea-AI Summary
Cricut, Inc. will announce its first quarter 2024 financial results on May 7, 2024. The company will host a conference call and webcast to discuss the results, providing access to a live webcast and a replay. Investors can pre-register for the earnings call to receive dial-in details and a unique PIN code for entry.
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Cricut, Inc. announced its financial results for Q4 and FY 2023, reporting a 14% revenue decline compared to FY 2022. Despite lower sales, the company achieved a 7th consecutive year of profitability, with net income of $53.6 million. Paid subscribers increased to 2.77 million, and total users grew to over 8.9 million. The company intends to boost marketing efforts in 2024 to drive interest and demand.
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-3.31%
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Cricut's Women's History Month survey reveals that 84% of women prioritize mental health, with 70% focusing on crafting. Women feel overwhelmed by various roles but find inspiration and support from each other. The study emphasizes the importance of self-care, creative outlets, and fostering supportive communities among women.
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-2.03%
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Cricut, Inc. announces its management team's participation in upcoming investor conferences. The company will present at Morgan Stanley's Technology, Media and Telecom Conference on March 6, 2024, and at ROTH MKM Conference on March 18, 2024. The presentations will be webcast live on Cricut's investor relations website.
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4.72%
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Cricut, Inc. will report its Q4 2023 financial results on March 5, 2024, after the U.S. markets close. The earnings call will be hosted by Cricut management at 3:00 p.m. MT. Investors can access the live webcast on Cricut's investor relations website. Pre-registering for the call is recommended to receive a unique PIN code for entry.
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5.44%
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CRCT: Cricut Reports 16% Growth in Total Users, 11% Increase in Paid Subscribers, and 38% Rise in Net Income in Q3 2023
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-8.62%
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Cricut, Inc. to report Q3 2023 financial results on November 7, 2023
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-5.02%
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Cricut management team to present at upcoming investor conferences.
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0.74%
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Cricut introduces compact cutting machine, Cricut Joy Xtra, designed for popular projects like stickers and custom cards. It works with over 50 materials and has a wider cutting area of 8.5 inches compared to 5.5 inches with Cricut Joy. New materials and accessories will also be available. It will be priced at $199 and available on September 7, 2023.
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1.6%
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Rhea-AI Summary
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6.44%
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Cricut Inc

Nasdaq:CRCT

CRCT Rankings

CRCT Stock Data

1.11B
46.27M
9.86%
35.22%
1.76%
Audio and Video Equipment Manufacturing
Manufacturing
Link
US
South Jordan

About CRCT

Cricut is an American brand of cutting plotters, or computer-controlled cutting machines, designed for home crafters. The machines are used for cutting paper, felt, vinyl, fabric and other materials such as leather, matboard, and wood.