Cricut reports Q3 EPS 10c, consensus 4c

Reports Q3 revenue $170.44M, consensus $156.72M. “We are pleased with our second consecutive quarter of sales growth in Q3. Sales grew 2%, operating income grew 114%, EPS grew 100%, and paid subscribers grew 6% to over 3 million paid subscribers,” said Ashish Arora, Chief Executive of Cricut (CRCT). “We are relentlessly focused on increasing our speed of execution and are accelerating investments that will help drive future revenue growth. We are continuing to lean into these investments even as we navigate the uncertainty introduced by tariffs. These accelerated investments are in hardware product development, materials, engagement and marketing, including increased awareness in our international markets.”