Radcom and Caesarstone report Q3 results: one profit, one large loss

what happened

Reuters published brief third-quarter earnings figures for two companies. Radcom reported revenue of $14.041 million. Its pretax profit came to $600 thousand and net income to $441 thousand, while gross profit reached $10.224 million. Operating expenses were $11.117 million, which pushed operating income into a loss of $893 thousand. Adjusted earnings per share were $0.11.

Caesarstone's revenue for the same period was $96.269 million and its gross profit was $24.485 million. The company recorded a pretax loss of $55.688 million, a net loss of $56.06 million and an operating loss of $56.937 million.

why it matters

These are raw figures without management commentary or guidance, so their market impact is limited. The size of Caesarstone's loss relative to its gross profit stands out, but the report does not explain the causes, so the full filing is needed for a proper read.

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