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CaesarStone: 2Q Earnings Snapshot

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MP MENASHE, Israel (AP) _ CaesarStone Sdot-Yam Ltd. (CSTE) on Wednesday reported second-quarter profit of $11 million.

The Mp Menashe, Israel-based company said it had profit of 32 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 43 cents per share.

The maker of quartz surface slabs posted revenue of $149.2 million in the period.

CaesarStone shares have dropped 33 percent since the beginning of the year. The stock has decreased 51 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSTE at https://www.zacks.com/ap/CSTE