Earnings release
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caesarstone® NEWS RELEASE Caesarstone Reports Third Quarter 2021 Financial Results 11/3/2021 - Record Third Quarter Revenue of $ 163.3 Million , Up 31.8 % Over Prior Year Quarter - Net Income of $ 5.9 Million , or $ 0.17 Per Share - - Adjusted Net Income of $ 6.8 Million , or $ 0.20 Per Share - - Adjusted EBITDA of $ 17.7 Million - - Strong Cash Position ( * ) of $ 91.5 Million at Quarter End - - Declares Dividend of $ 0.10 per share - - Published Inaugural Global ESG Report in October - - Reiterates Outlook for 2021 Revenue and Adjusted EBITDA Growth - 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 third quarter ended September 30 , 2021 . Yuval Dagim , Caesarstone's Chief Executive Officer commented , " I am encouraged to report third quarter results that were in - line with our expectations as we further executed towards the goals set out in our Global Growth Acceleration Plan . To that extent , we were very pleased to rollout our innovative digital CS Connect platform nationally across the U.S. , which has received positive feedback and represents a critical milestone in our efforts to transform the way we communicate with our customers and consumers . Additionally , the integrations of our Omicron and Lioli acquisitions continue to drive positive momentum in our results , helping us to achieve record third quarter revenue of $ 163.3 million . We were also excited to publish our inaugural ESG report in October , which provides Caesarstone with a prudent framework to help create a more sustainable future for all . Overall , we are 1