CaesarStone: 3Q Earnings Snapshot
MP MENASHE, Israel (AP) _ CaesarStone Sdot-Yam Ltd. (CSTE) on Wednesday reported third-quarter profit of $7.1 million.
The Mp Menashe, Israel-based company said it had profit of 21 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 29 cents per share.
The maker of quartz surface slabs posted revenue of $142.8 million in the period.
CaesarStone expects full-year revenue in the range of $550 million to $565 million.
CaesarStone shares have risen 25% since the beginning of the year. The stock has risen nearly 5% in the last 12 months.