Caesarstone (CSTE) Tops Q1 EPS by 33c

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Caesarstone Reports First Quarter 2021 Financial Results

May 5, 2021 7:00 AM EDT

Record First Quarter Revenue Grew 15.4% Over Prior Year to $146.0 Million

Per Share Diluted Net Income of $0.41 and Adjusted Diluted EPS of $0.42

Gross Margin Expanded 90 Basis Points to 29.7%

Adjusted EBITDA Increased 54.1% to $20.3 Million at a 13.9% Margin

Strong Net Cash Position(*) of $105.3 Million at Quarter End

Declares Dividend of $0.21 per share

Reiterates Outlook for 2021 Revenue and Adjusted EBITDA Growth

MP MENASHE, Israel--(BUSINESS WIRE)-- Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and... More