Caesarstone Reports First Quarter 2020 Financial Results
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Caesarstone (CSTE) Tops Q1 EPS by 4c, Revenues Beat; Withdraws FY20 Outlook
May 6, 2020 7:12 AM EDTCaesarstone (NASDAQ: CSTE) reported Q1 EPS of $0.13, $0.04 better than the analyst estimate of $0.09. Revenue for the quarter came in at $126 million versus the consensus estimate of $119.01 million.
Revenue of $126.6 Million Net Income of $2.7 Million, or $0.08 Per Share Adjusted Net Income of $4.6 Million, or $0.13 Per Share Adjusted EBITDA of $13.1 Million $131.9 Million Cash Position with No Financial Debt Withdraws Full Year 2020 Outlook Due to COVID-19 Related Demand UncertaintyYuval Dagim, Chief Executive Officer commented Solid first quarter 2020 results reflect the focused execution and implementation of our... More
