Caesarstone Sdot-Yam (CSTE) Misses Q1 EPS by 10c

Go back to Caesarstone Sdot-Yam (CSTE) Misses Q1 EPS by 10c

Caesarstone Reports First Quarter 2016 Results

May 4, 2016 6:30 AM EDT

Quarterly Revenue Grows 8.4% to $116.9 million; up 12.3% on a Constant Currency Basis Reports First Quarter Diluted EPS of $0.33; Adjusted Diluted EPS of $0.38 Reiterates Full Year Guidance for Sales and Adjusted EBITDA

MP MENASHE, Israel--(BUSINESS WIRE)-- Caesarstone Sdot-Yam Ltd. (NASDAQ: CSTE), a manufacturer of high quality engineered quartz surfaces, today reported financial results for its first quarter ended March 31, 2016.

Revenue in the first quarter of 2016 increased by 8.4% to $116.9 million compared to $107.8 million in the... More