Cricut(CRCT) - 2024 Q1 - Quarterly Results

Delivered 21st consecutive quarter of profitability with net income of $19.6 million, up 116$0.09 up from $0.04 per share in Q1 2023. • Towards the end of Q1, we launched Cricut Value Materials online. Designed to deliver maximum performance at a great price, this new offering was aimed to compete effectively with online marketplaces, which are more price competitive and require hitting the right price points with shipping economics to compete more effectively ...