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Stock impact report

Caesarstone Reports Third Quarter 2024 Financial Results

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: Business Wire
- Maintaining Operational Discipline and Strategic Focus Amid Significant Market Headwinds -- Revenue of $107.6 Million -- Net Cash Position Improves to $108.9 Million, Reinforcing Strong Balance Sheet -- Reaffirms Full Year Outlook to Deliver Positive Operating Cash Flow and Moderates Adjusted EBITDA Expectations - 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, 2024.Yos Shiran, Caesarstone’s Chief Executive Officer commented, “Our third quarter results reflect revenue pressure across all our regional markets, putting weight on our business. The entire Caesarstone team’s unwavering commitment to our success remains evident with our transformation initiatives and optimized manufacturing footprint helping to drive a higher gross margin year-over-year. Our team is making progress in a difficult environment and maint Show less Read more
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