Caesarstone Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 142.39 million compared to USD 180.73 million a year ago. Net loss was USD 0.887 million compared to USD 0.463 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to USD 0.02 a year ago.
For the nine months, sales was USD 436.71 million compared to USD 531.44 million a year ago. Net loss was USD 57.14 million compared to net income of USD 16.91 million a year ago. Basic loss per share from continuing operations was USD 1.67 compared to basic earnings per share from continuing operations of USD 0.49 a year ago. Diluted loss per share from continuing operations was USD 1.67 compared to diluted earnings per share from continuing operations of USD 0.48 a year ago.