Caesarstone (CSTE) Misses Q3 EPS by 26c

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Caesarstone Reports Third Quarter 2022 Financial Results

November 9, 2022 7:00 AM EST

Record Third Quarter Revenue up 10.6% to $180.7 Million and up 14.9% on a Constant Currency Basis

Net Loss Attributable to Controlling Interest of $0.5 Million, or ($0.02) Per Share

Adjusted EBITDA of $13.4 Million

Revises 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 third quarter ended September 30, 2022.

Yuval Dagim, Caesarstones Chief Executive Officer commented, Our third quarter results represent further progress against our multi-faceted growth... More