Welcome to our dedicated page for Cricut news (Ticker: CRCT), a resource for investors and traders seeking the latest updates and insights on Cricut stock.
Cricut, Inc. (NASDAQ: CRCT) is a creative technology company in the manufacturing sector whose cutting machines and design software form a connected platform for DIY projects. The CRCT news page on Stock Titan aggregates company press releases, earnings announcements and other disclosures so readers can follow how this platform business evolves over time.
Recent Cricut news has focused on quarterly and annual financial results, including updates on Platform and Products revenue, profitability and cash generation. Management commentary in these releases highlights trends in Active Users, 90-Day Engaged Users, Paid Subscribers and Platform ARPU, metrics that the company uses to evaluate the health of its business and user engagement with its subscription offerings.
News items also cover capital allocation decisions such as stock repurchase activity and dividends on Class A and Class B common stock, as well as product announcements like the launch of the Cricut Explore 4 and Cricut Maker 4 smart cutting machines. In addition, Cricut regularly announces upcoming earnings calls and investor conference presentations, giving investors and analysts insight into how the company presents its strategy and performance.
By reviewing the CRCT news feed, readers can see how Cricut’s connected platform, user metrics, product portfolio and financial profile are described in its own communications. Bookmark this page to access a consolidated view of Cricut’s official news flow, from earnings releases to product updates and investor events.
Cricut, Inc. (NASDAQ: CRCT) announced it will release its second-quarter financial results on August 12, 2021, after market close. A conference call will follow at 3:00 p.m. Mountain Time to discuss the results. Cricut, a leader in creative technology, aims to empower users with innovative products including the Cricut Maker® and Cricut Explore® families. The company's investor relations website will provide access to the conference call and additional financial information.
Cricut, Inc. (NASDAQ: CRCT) reported remarkable financial results for Q1 2021, showcasing a 125.3% revenue growth year-over-year, reaching $323.8 million. The company added 600,000 users in the last three months, with total users climbing to 4.9 million and paid subscribers exceeding 1.6 million. Net income soared to $49.4 million, up 279% from Q1 2020, marking the ninth consecutive quarter of profitability. Cricut also reported EBITDA of $68.6 million, with international revenue growing 253.4%.
Cricut (NASDAQ: CRCT), a leading creative technology company, announced its management team will present at two upcoming investor conferences. The first is the Morgan Stanley Life After COVID Thematic Conference on May 18, 2021, at 2:15 pm ET. The second is the Baird Global Consumer, Technology & Services Conference on June 9, 2021, at 2:35 pm ET. Both presentations will be available via live webcast on Cricut's investor relations website, with replays following each event.
Cricut (NASDAQ: CRCT) announced it will report its Q1 financial results for the period ending March 31, 2021, on May 13, 2021, after market close. A conference call will follow at 3:00 p.m. MT (5:00 p.m. ET) to discuss the results. Cricut, a leader in creative technology, has over four million users globally, offering innovative products like smart cutting machines and various crafting tools. Investors can find more details and access the conference call link on Cricut’s investor relations website.
Cricut, Inc. has announced the pricing of its initial public offering (IPO) of 15,314,903 shares of Class A common stock at a public price of $20.00 per share. Of these, 13,250,000 shares are offered by Cricut and 2,064,903 by existing shareholders. The IPO includes a 30-day underwriter option for an additional 2,297,235 shares. Trading is set to commence on Nasdaq under the ticker symbol CRCT on March 25, 2021, with the offering closing expected on March 29, 2021. Goldman Sachs and Morgan Stanley are the lead managers for the offering.
Cricut has initiated its roadshow for the proposed IPO of its Class A common stock, planning to offer 15.3 million shares priced between $20 and $22 each. Of this, 13.25 million shares will be issued by Cricut, while the remaining shares will be sold by existing shareholders. The underwriters may purchase an additional 2.3 million shares. The company is expected to list on the Nasdaq under the ticker symbol CRCT, with Goldman Sachs and Morgan Stanley serving as lead managers. A registration statement for the offering has been filed with the SEC but has yet to become effective.