Welcome to our dedicated page for Caesarstone news (Ticker: CSTE), a resource for investors and traders seeking the latest updates and insights on Caesarstone stock.
Caesarstone Ltd. (CSTE) delivers innovative engineered surfaces for residential and commercial spaces worldwide. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and market positioning.
Access official press releases covering product innovations, strategic partnerships, and quarterly earnings. Stay informed about operational milestones in the competitive surfaces industry while tracking Caesarstone's global expansion and sustainability initiatives.
Key updates include manufacturing advancements, leadership changes, and design trends impacting the architectural materials sector. Our curated collection ensures transparent access to verified information without promotional bias.
Bookmark this page for consolidated CSTE news monitoring. Combine fundamental analysis with real-time corporate updates to inform your market perspective on this quartz surfaces leader.
Caesarstone Ltd. (NASDAQ: CSTE) has announced it will release its earnings results for the second quarter ended June 30, 2022, on August 3, 2022, before market opening. A webcast and conference call will follow at 8:30 a.m. ET for discussion and Q&A with investors. The live webcast is accessible via their Investor Relations website. A telephonic replay will be available from 11:30 a.m. ET on the same day until August 10, 2022. The company specializes in high-quality engineered surfaces used in residential and commercial applications.
Caesarstone Ltd. (NASDAQ: CSTE) reported a record revenue of $170.4 million for Q1 2022, a 16.7% increase year-over-year, with an 18.5% rise on a constant currency basis. Net income attributable to controlling interest was $6.2 million ($0.18 per share), a decline from $14.2 million in Q1 2021. Adjusted EBITDA fell to $15.7 million, reflecting increased operating expenses and costs. The company's outlook for 2022 revenue remains optimistic, expecting between $710 million and $725 million. No dividend will be paid for Q1 2022 due to net income performance.
Caesarstone Ltd. (NASDAQ: CSTE) announced the release of its first quarter 2022 earnings results on May 11, 2022, before market hours. A conference call will follow at 8:30 a.m. ET to discuss these results, accessible via their Investor Relations website. The conference will also offer a Q&A session for investors. A telephonic replay of the conference call will be available after the event. Caesarstone specializes in high-quality engineered stone surfaces and has a strong presence across more than 50 countries, known for its diverse product lines.
Caesarstone Ltd. (CSTE) announced fourth quarter 2021 revenue of $171.1 million, a 25.0% increase year-over-year, while full year revenue reached a record $643.9 million, up 32.4%. Despite the growth, the company reported a net loss of $2.9 million for the fourth quarter, resulting in a $0.11 loss per share. The full year net income was $19.0 million, with a diluted EPS of $0.51. For 2022, Caesarstone expects revenue between $710 million and $725 million, signaling approximately 11% growth.
Caesarstone Ltd. (NASDAQ: CSTE) will release its fourth-quarter and full-year earnings results for 2021 on February 9, 2022, before market opens. A webcast and conference call are scheduled for 8:30 a.m. ET the same day, providing insights into the financial results and a Q&A session for investors. The earnings report will address performance metrics and business developments, including the impact of the COVID-19 pandemic and market conditions.
Caesarstone Ltd. (NASDAQ: CSTE), a prominent manufacturer of high-quality engineered surfaces, has announced that CEO Yuval Dagim and CFO Nahum Trost will participate in the Credit Suisse 9th Annual Industrials Conference on December 1, 2021. Caesarstone specializes in producing stylish engineered stone countertops, catering to both residential and commercial markets worldwide. The company emphasizes sustainability and customer satisfaction, with a wide variety of products available in over 50 countries. Additional details can be found on their official website.
Caesarstone Ltd. (NASDAQ: CSTE) reported record third-quarter revenue of $163.3 million, marking a 31.8% increase year-over-year. Net income reached $5.9 million or $0.17 per share, with adjusted net income at $6.8 million or $0.20 per share. The company's strong cash position stood at $91.5 million, and a dividend of $0.10 per share was declared. While revenue grew, gross margin decreased to 26.2% due to rising raw material and shipping costs. Despite expenses growth, CSTE maintains an optimistic outlook for 2021 revenue and Adjusted EBITDA growth.
Caesarstone Ltd. (NASDAQ: CSTE) is set to release its Q3 earnings results on November 3, 2021, before market opening. A conference call will follow at 8:30 a.m. ET, accessible through the company's Investor Relations website. The earnings report is anticipated to provide insights into the company's performance amidst ongoing challenges such as raw material shortages and the impact of the COVID-19 pandemic. Investors can access a telephonic replay of the call starting the same day.
Caesarstone Ltd. (NASDAQ: CSTE) announced that CEO Yuval Dagim and CFO Nahum Trost will participate in the Zelman 2021 Virtual Housing Summit on September 23, 2021. The company specializes in high-quality engineered surfaces, particularly decorative stone countertops for residential and commercial use. With a focus on aesthetic appeal and functionality, Caesarstone offers a diverse range of products in over 50 countries, supporting a commitment to customer service and loyalty.
FAQ
What is the current stock price of Caesarstone (CSTE)?
What is the market cap of Caesarstone (CSTE)?
