Caesarstone (CSTE) Misses Q1 EPS by 10c, Trims FY Guidance

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Caesarstone Reports First Quarter 2018 Results

May 9, 2018 6:30 AM EDT

Quarterly Revenue of $136.1 million, similar to prior year First Quarter Diluted EPS of $0.05; Adjusted Diluted EPS of $0.10 Reduces Full Year 2018 Revenue and Adjusted EBITDA guidance Revitalized leadership team focused on improved execution and strategy

MP MENASHE, Israel--(BUSINESS WIRE)-- Caesarstone Ltd. (NASDAQ: CSTE), a manufacturer of high quality engineered quartz surfaces, today reported financial results for its first quarter ended March 31, 2018.

Revenue in the first quarter of 2018 was $136.1 million, approximately flat to... More