Caesarstone Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 180.73 million compared to USD 163.34 million a year ago. Net loss was USD 0.463 million compared to net income of USD 5.95 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.17 a year ago.
For the nine months, sales was USD 531.44 million compared to USD 472.84 million a year ago. Net income was USD 16.91 million compared to USD 21.84 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to USD 0.62 a year ago. Diluted earnings per share from continuing operations was USD 0.48 compared to USD 0.62 a year ago.