Caesarstone (CSTE) Tops Q1 EPS by 5c

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Go back to Caesarstone (CSTE) Tops Q1 EPS by 5c

Caesarstone Reports First Quarter 2022 Financial Results

May 11, 2022 7:00 AM EDT

Record First Quarter Revenue up 16.7% to $170.4 Million; up 18.5% on a Constant Currency Basis

Net Income attributable to Controlling Interest of $6.2 Million, or $0.18 Per Share

Adjusted EPS of $0.14

Adjusted EBITDA of $15.7 Million

Reiterates Full Year 2022 Outlook

MP MENASHE, Israel--(BUSINESS WIRE)-- Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financial results for its first quarter ended March 31, 2022.

We are thrilled to start 2022 with record first quarter revenue, up 18.5%... More