Caesarstone (CSTE) Tops Q4 EPS by 5c

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Caesarstone Reports Fourth Quarter and Full Year 2020 Financial Results

February 24, 2021 7:00 AM EST

Revenue of $136.9 Million Grew 2.3% Over Prior Year Fourth Quarter

Per Share Net Loss of ($0.07) and Adjusted Diluted EPS of $0.05 in the Fourth Quarter

Gross Margin Expanded 200 Basis Points to 28.1% in the Fourth Quarter

Adjusted EBITDA Grew 19.1% to $18.8 Million at a 13.7% Margin in the Fourth Quarter

Ended 2020 With Net Cash Position(*) of $110.6 Million

Completed Acquisition of Lioli Ceramica, Establishing Leadership Position as a Premium, Multi-Material Countertop Company

Closed Acquisition of Omicron Granite and Tile at the end of 2020,... More