05:16 PM EST, 11/05/2024 (MT Newswires) -- Cricut ( CRCT ) reported Q3 earnings late Tuesday of $0.05 per diluted share, down from $0.08 a year earlier.

Comparable analyst estimates were not available.

Revenue for the quarter ended Sept. 30 was $167.9 million, down from $174.9 million a year earlier.

Two analysts surveyed by Capital IQ expected $172.6 million.

Shares of Cricut ( CRCT ) were down more than 31% in after-hours activity.