Caesarstone (CSTE) Misses Q4 EPS by 4c

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Caesarstone Reports Fourth Quarter and Full Year 2022 Financial Results

March 1, 2023 7:00 AM EST

- Full Year Record Revenue Up 7.3% to $690.8 Million; Up 10.8% on Constant Currency Basis -

- Fourth Quarter Revenues Down 6.8% to $159.4 Million; Down 2.1% on Constant Currency Basis -

- Full Year Net Loss Attributable to Controlling Interest of $57.1 Million, or Loss per share of $1.66, Including a Non-cash Pretax Impairment Charge of $71.3 Million -

- Full Year Adjusted Net Income of $10.6 Million, or Adjusted Diluted EPS of $0.31 -

- Full Year Adjusted EBITDA of $51.9 Million -

MP MENASHE, Israel--(BUSINESS... More