Caesarstone Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 150.63 million compared to USD 170.44 million a year ago. Net loss was USD 3.78 million compared to net income of USD 6.23 million a year ago.

Basic loss per share from continuing operations was USD 0.11 compared to basic earnings per share from continuing operations of USD 0.18 a year ago. Diluted loss per share from continuing operations was USD 0.11 compared to diluted earnings per share from continuing operations of USD 0.18 a year ago.