Caesarstone Ltd. Q3 Loss Climbs

Caesarstone Ltd. (CSTE) revealed Loss for its third quarter that increased from last year

The company's bottom line came in at -$4.22 million, or -$0.12 per share. This compares with -$0.89 million, or -$0.03 per share, in last year's third quarter.

Excluding items, Caesarstone Ltd. reported adjusted earnings of -$8.40 million or -$0.24 per share for the period.

The company's revenue for the quarter fell 24.4% to $107.63 million from $142.39 million last year.

Caesarstone Ltd. earnings at a glance (GAAP) :

-Earnings (Q3): -$4.22 Mln. vs. -$0.89 Mln. last year.
-EPS (Q3): -$0.12 vs. -$0.03 last year.
-Revenue (Q3): $107.63 Mln vs. $142.39 Mln last year.

by RTTNews Staff Writer

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