MP MENASHE, Israel (AP) — MP MENASHE, Israel (AP) — CaesarStone Sdot-Yam Ltd. (CSTE) on Wednesday reported a loss of $87.9 million in its fourth quarter.
On a per-share basis, the Mp Menashe, Israel-based company said it had a loss of $2.55. Losses, adjusted for asset impairment costs and non-recurring costs, were 48 cents per share.
The maker of quartz surface slabs posted revenue of $94.4 million in the period.
For the year, the company reported a loss of $137.5 million, or $3.98 per share. Revenue was reported as $397.2 million.
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