Caesarstone (CSTE) Tops Q1 EPS by 4c, Revenues Beat; Withdraws FY20 Outlook

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Go back to Caesarstone (CSTE) Tops Q1 EPS by 4c, Revenues Beat; Withdraws FY20 Outlook

Caesarstone Reports First Quarter 2020 Financial Results

May 6, 2020 7:00 AM EDT

- 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 Uncertainty -

MP MENASHE, Israel--(BUSINESS WIRE)-- Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered quartz... More