Caesarstone Reports Fourth Quarter and Full Year 2023 Financial Results
Caesarstone Ltd. - Ordinary Shares (CSTE)
Last caesarstone ltd. - ordinary shares earnings: 2/12 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.caesarstone.com
Company Research
Source: Business Wire
- Fourth Quarter Revenue of $128.5 Million and Full Year Revenue of $565.2 Million -- Full Year Cash Flow from Operations of $66.5 Million -- Initiated Restructuring Actions During 2023 to Reignite Long-term Growth and Profitability -- Expects to Realize Restructuring-Related Cost Savings of Approximately $20.0 Million in Full Year 2024 and $30.0 Million Thereafter Compared to Full Year 2023 - MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financial results for its fourth quarter and full year ended December 31, 2023.Yos Shiran, Caesarstone’s Chief Executive Officer commented, “In 2023, we implemented a new strategic plan and initiated significant restructuring actions which allowed us to achieve our primary financial objective for 2023, to generate positive cash flow from operations and end the year with a solid net cash position. We achieved that despite challenging mac
Show less
Read more
Impact Snapshot
Event Time:
CSTE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CSTE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CSTE alerts
High impacting Caesarstone Ltd. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
CSTE
News
- Marcel Breuer's Marshad House Just Hit the Market for $1.8M [Yahoo! Finance]Yahoo! Finance
- Caesarstone Announces Date for First Quarter 2024 ResultsBusiness Wire
- Nix the oven? A skinny fridge? Tips on designing a tiny kitchen in your ADU [Los Angeles Times (CA)]Los Angeles Times
- Institutional investors may overlook Caesarstone Ltd.'s (NASDAQ:CSTE) recent US$21m market cap drop as long-term gains remain positive [Yahoo! Finance]Yahoo! Finance
- Old Oakville heritage home ready for the next generation [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
CSTE
Earnings
- 2/21/24 - Miss
CSTE
Sec Filings
- 3/6/24 - Form 20-F
- 2/26/24 - Form SC
- 2/22/24 - Form 6-K
- CSTE's page on the SEC website