Caesarstone Ltd. (CSTE) Reports $46.8M Jury Verdict Liability and $56.1M Quarterly Loss

Q3 revenue was $96.3M versus $102.1M a year earlier, while net loss was $56.1M versus $18.1M. Caesarstone was apportioned approximately $46.8M of a California jury award, and says the verdict raises substantial doubt about its ability to continue as a going concern.Material DetailsContext by AI Ana…