Caesarstone Ltd. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 107.63 million compared to USD 142.39 million a year ago. Net loss was USD 4.22 million compared to USD 0.887 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to USD 0.03 a year ago. For the nine months, sales was USD 345.36 million compared to USD 436.71 million a year ago. Net loss was USD 18.49 million compared to USD 57.14 million a year ago. Basic loss per share from continuing operations was USD 0.54 compared to USD 1.67 a year ago. Diluted loss per share from continuing operations was USD 0.54 compared to USD 1.67 a year ago.
Caesarstone is a California-based company that designs, manufactures and distributes engineered stones for applications such as kitchen countertops and bathroom vanities.