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More on Caesarstone's Q2

Aug. 06, 2014 8:21 AM ETCaesarstone Ltd. (CSTE) StockCSTEBy: Yoel Minkoff, SA News Editor
  • Revenues for the quarter hit an all-time record high, climbing 30.4% Y/Y to $116.1M vs. $89M in the same quarter of 2013.
  • Operating income increased 5.9% to $23.6M vs. $22.2M in the second quarter of the prior year.
  • Net income attributable to controlling interest of $18.2M vs. $19.7M in the same period in 2013.
  • The company updated its revenue guidance for the FY 2014 to a new range of $435-$445M, compared to its prior range of $420M-$430M. Adjusted EBITDA is now expected to be in the range of $112M-$117M compared to its prior expected range of $108M-$113M.
  • Q2 results

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