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.
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Caesarstone (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, has scheduled its first quarter 2025 earnings release for Wednesday, May 7, 2025 before market opening.
The company will host a webcast and conference call at 8:30 a.m. ET the same day, including a Q&A session for investors. The webcast will be accessible through the Investor Relations section at ir.caesarstone.com.
For those unable to join the webcast, the conference call can be accessed via multiple dial-in numbers: 1-833-816-1463 (domestic), 1-412-542-4167 (international), and 1 80 921 3284 (Israel toll-free). A replay will be available from 12:30 p.m. ET on May 7 until 11:59 p.m. ET on May 14, 2025.
Caesarstone (NASDAQ: CSTE) reported its Q4 and full year 2024 financial results, with Q4 revenue at $97.9 million and full-year revenue of $443.2 million. The company faced persistent global market headwinds, resulting in lower volumes across main regions.
Key financial highlights include:
- Full-year gross margin improved 550 basis points to 21.8%
- Q4 gross margin increased to 19.4% from 18.1% year-over-year
- Operating loss of $23.0 million in Q4
- Q4 net loss of $24.3 million ($0.60 per share)
- Strong balance sheet with net cash position of $101.8 million
The company made progress on its transformation strategy, focusing on R&D capabilities, expanding zero crystalline silica and porcelain products, and optimizing operations. Legal proceedings update reveals 296 pending lawsuits related to silica exposure, with a $50.0 million provision recorded for claims in Israel, US, and Australia.
Caesarstone (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, has announced it will release its fourth quarter and full year 2024 earnings results on Wednesday, March 5, 2025, before market opening.
The company will host a webcast and conference call at 8:30 a.m. ET on the same day, which will include a Q&A session for investors. The webcast will be accessible through the company's Investor Relations website at ir.caesarstone.com.
For those unable to access the webcast, the conference call can be joined by dialing 1-833-816-1463 (domestic), 1-412-542-4167 (international), or 1 80 921 3284 (Israel). A replay will be available from 12:30 p.m. ET on March 5 until March 12, 2025, at 11:59 p.m. ET.
Caesarstone (NASDAQ: CSTE) reported Q3 2024 financial results with revenue of $107.6 million, down from $142.4 million in the prior year quarter. The company faced significant market headwinds across all regions, particularly in renovation and remodeling channels. Gross margin improved to 19.9% from 19.1% year-over-year. The quarter resulted in an operating loss of $4.1 million and an Adjusted EBITDA loss of $4.1 million. The company's net cash position strengthened to $108.9 million. Caesarstone maintains its expectation for positive operating cash flow in 2024 but moderates its full-year Adjusted EBITDA loss forecast to $10-11 million.
Caesarstone (NASDAQ: CSTE) has scheduled the release of its third quarter 2024 earnings results for Wednesday, November 13, 2024 before market opening. The company will host a webcast and conference call at 8:30 a.m. ET the same day, including a Q&A session for investors. The webcast will be accessible through the company's Investor Relations website. Conference call dial-in numbers are provided for domestic, international, and Israeli participants, with a replay available until November 20, 2024.
Caesarstone (NASDAQ: CSTE) reported its Q2 2024 financial results, showing revenue of $119.4 million, down from $143.7 million in Q2 2023. The company achieved positive cash flow from operations of $10.0 million and maintained a strong balance sheet with a net cash position of $97.7 million. Gross margin improved to 22.9% from 8.3% year-over-year, reflecting the positive impact of strategic restructuring actions. However, the company reported an operating loss of $9.3 million and an adjusted EBITDA loss of $0.1 million. Caesarstone reaffirmed its full-year outlook for positive operating cash flow but moderated adjusted EBITDA expectations, now projecting a loss in the mid-single-digit million-dollar range for 2024.
Caesarstone (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, has announced the release date for its second quarter 2024 earnings results. The company will disclose its financial performance on Wednesday, August 7, 2024, before the market opens. Following the release, Caesarstone will host a webcast and conference call at 8:30 a.m. ET to discuss the results and answer questions from the investment community.
Investors can access the live webcast through the company's Investor Relations website. For those unable to join online, the conference call will be available via various phone numbers, including toll-free options for domestic and Israeli callers. A telephonic replay of the call will be accessible until Wednesday, August 14, 2024.
Caesarstone (NASDAQ: CSTE), a top developer and manufacturer of engineered surfaces, announced its participation in the Stifel 2024 Cross Sector Insight Conference. The conference will be held in Boston, MA, on June 4, 2024. CEO Yos Shiran and CFO Nahum Trost will represent the company, potentially discussing business strategies, financial performance, and future outlook.
Caesarstone (NASDAQ: CSTE) reported first-quarter 2024 financial results with revenue of $118.3 million, gross margin improvement to 24.5%, and a net cash position of $89.4 million. Despite facing economic headwinds, the company aims to enhance profitability through strategic actions.
