Caesarstone Reports Third Quarter 2020 Financial Results

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Go back to Caesarstone Reports Third Quarter 2020 Financial Results

Caesarstone (CSTE) Reports Q3 EPS of $0.41, Revenues Beat

November 4, 2020 7:11 AM EST

Caesarstone (NASDAQ: CSTE) reported Q3 EPS of $0.41, versus $0.00 reported last year. Revenue for the quarter came in at $123.9 million versus the consensus estimate of $102.55 million.

Revenue of $123.9 Million Net Income of $12.8 Million, or $0.37 Per Share Adjusted Net Income of $14.1 Million, or $0.41 Per ShareAdjusted EBITDA of $23.7 Million Global Growth Acceleration Plan Drove Higher Adjusted EBITDA and Margin Generated Cash Flow From Operations of $28.2 Million, Enhancing Cash Position (*) to $155.7 Million Completed Majority Stake Acquisition of Lioli Ceramica in October, Establishing Position as... More