Caesarstone Sdot-Yam (CSTE) Tops Q2 EPS by 8c

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Caesarstone Reports Record Quarter Results

August 3, 2016 6:30 AM EDT

Second quarter Revenue grew 11.6% to a new record of $142.3 million; up 13.4% on a Constant Currency Basis Second Quarter diluted EPS grew by 12.3% to $0.73 Reiterates Full-Year Guidance for Revenue and Adjusted EBITDA

MP MENASHE, Israel--(BUSINESS WIRE)-- Caesarstone Ltd. (NASDAQ: CSTE), a manufacturer of high quality engineered quartz surfaces, today reported financial results for its second quarter ended June 30, 2016.

Revenue in the second quarter of 2016 increased by 11.6% to a new record of $142.3 million compared... More