Cricut, inc. reports third quarter 2023 financial results

Total users grew to over 8.6 million , up 16% over q3 2022 paid subscribers of approximately 2.7 million , up 11% over q3 2022 delivered 19th consecutive quarter of profitability with net income of $17.2 million , up 38% over q3 2022 delivered q3 2023 revenue of $174.9 million , 1% decline compared to q3 2022 south jordan, utah, nov. 07, 2023 (globe newswire) -- cricut, inc. (“cricut”) (nasdaq: crct), the creative technology company that has brought a connected platform for making to millions of users worldwide, today announced financial results for its third quarter ended september 30, 2023. “the third quarter was strong from a profitability perspective, with operating income +36% year over year despite a 1% sales decline.
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