Cricut, Inc. (CRCT) released earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $11.93 million, or $0.06 per share. This compares with $11.29 million, or $0.05 per share, last year.
Analysts on average had expected the company to earn $0.04 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 9.5% to $209.31 million from $231.25 million last year.
Cricut, Inc. earnings at a glance (GAAP) :
-Earnings: $11.93 Mln. vs. $11.29 Mln. last year.
-EPS: $0.06 vs. $0.05 last year.
-Revenue: $209.31 Mln vs. $231.25 Mln last year.
For comments and feedback: editorial@rttnews.com