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Stock impact report

Caesarstone Ltd (CSTE) Q3 2024 Earnings Call Highlights: Navigating Market Challenges with ... [Yahoo! Finance]

Caesarstone Ltd. - Ordinary Shares (CSTE) 
Last caesarstone ltd. - ordinary shares earnings: 2/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.caesarstone.com
Company Research Source: Yahoo! Finance
Israel Sales Decline: 24.5% decrease on a constant currency basis. Gross Margin: Improved to 19.9% in Q3 from 19.1% in the prior quarter. Adjusted Gross Margin: Stable at 19.8% compared to the prior year. Operating Expenses: EUR25.4 million or 23.6% of revenue, down from EUR29.2 million or 25% of revenue in the prior quarter. Net Cash Position: Improved to EUR108.9 million from EUR83.5 million. Operating Cash Flow: EUR16.3 million generated in Q3. Restructuring Cost Savings: Expected EUR35 million in savings compared to 2023 levels. Expected Loss: Adjusted EBITDA outlook revised to a loss in the range of $10 to $11 million. Warning! GuruFocus has detected 3 Warning Sign with CSTE. Release Date: November 13, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Caesarstone Ltd ( NASDAQ:CSTE ) improved its gross margin to 19.9% in the third quarter, up from 19.1% in the prior quarter. The company maintained a st Show less Read more
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