Caesarstone Sdot-Yam (CSTE) Misses Q2 EPS by 5c; Maintains FY Rev Outlook, Narrows EBITDA

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Caesarstone Reports Second Quarter Results

August 2, 2017 6:30 AM EDT

Record Quarterly Revenue of $148.9 million, Up 4.6%; Grows 5.0% on a Constant Currency Basis Quarterly Diluted EPS of $0.42; Adjusted Diluted EPS of $0.49 Maintains Full Year Guidance for Revenue, Narrows Expectation for 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, 2017.

The Company grew revenue in the second quarter of 2017 by 4.6% to a new quarterly record of... More