Skip to main content

CaesarStone: Q4 Earnings Snapshot

MP MENASHE, Israel (AP) — MP MENASHE, Israel (AP) — CaesarStone Sdot-Yam Ltd. (CSTE) on Wednesday reported a loss of $87.9 million in its fourth quarter.

On a per-share basis, the Mp Menashe, Israel-based company said it had a loss of $2.55. Losses, adjusted for asset impairment costs and non-recurring costs, were 48 cents per share.

The maker of quartz surface slabs posted revenue of $94.4 million in the period.

For the year, the company reported a loss of $137.5 million, or $3.98 per share. Revenue was reported as $397.2 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSTE at https://www.zacks.com/ap/CSTE

TEst Draft

updated by pwenzel 3:13pm
Read Next Story