14 Since they were spending many days there, Festus discussed Paul’s case with the king. To Caesar you will go!” Festus Consults King Agrippaġ3 A few days later King Agrippa and Bernice arrived at Caesarea ( P) to pay their respects to Festus. I appeal to Caesar!” ( O)ġ2 After Festus had conferred with his council, he declared: “You have appealed to Caesar. But if the charges brought against me by these Jews are not true, no one has the right to hand me over to them. 11 If, however, I am guilty of doing anything deserving death, I do not refuse to die. I have not done any wrong to the Jews, ( N) as you yourself know very well.
( J)Ĩ Then Paul made his defense: “I have done nothing wrong against the Jewish law or against the temple ( K) or against Caesar.”ĩ Festus, wishing to do the Jews a favor, ( L) said to Paul, “Are you willing to go up to Jerusalem and stand trial before me there on these charges?” ( M)ġ0 Paul answered: “I am now standing before Caesar’s court, where I ought to be tried. They brought many serious charges against him, ( I) but they could not prove them. ( H) 7 When Paul came in, the Jews who had come down from Jerusalem stood around him. The next day he convened the court ( G) and ordered that Paul be brought before him. 5 Let some of your leaders come with me, and if the man has done anything wrong, they can press charges against him there.”Ħ After spending eight or ten days with them, Festus went down to Caesarea. ( D) 4 Festus answered, “Paul is being held ( E) at Caesarea, ( F) and I myself am going there soon. ( C) 3 They requested Festus, as a favor to them, to have Paul transferred to Jerusalem, for they were preparing an ambush to kill him along the way. Price Action: CSTE shares closed higher by 1.30% at $12.50 on Tuesday.25 Three days after arriving in the province, Festus ( A) went up from Caesarea ( B) to Jerusalem, 2 where the chief priests and the Jewish leaders appeared before him and presented the charges against Paul.FY22 Outlook: Caesarstone expects revenue of $710 million - $725 million, implying ~11% Y/Y growth at the midpoint, above the consensus of $697.56 million.It held cash and equivalents of $94.2 million and total debt to financial institutions of $12.5 million.Caesarstone generated cash from operating activities in FY21 of $20.97 million, compared to $47.62 million a year ago.Adjusted EBITDA reduced to $11.54 million (-38.5% Y/Y), and margin contracted by 695 bps to 6.7%.The operating income was $3.34 million (-58.7% Y/Y), and the margin contracted by 396 bps to 1.9%.Reduced gross margin reflects higher raw material prices, mainly polyester, and shipping price increases, partially offset by favorable product mix and selling price increases.The gross margin was 23.2% compared to 28.1% in the prior-year quarter, and the Adjusted gross margin was 23.3%, down 530 bps.Adjusted EPS was $0.01 down from $0.05 a year ago, missing the consensus of $0.06.Sales growth was driven by improved demand across the majority of the company’s global footprint in addition to the contribution of the Omicron acquisition.Caesarstone Ltd CSTE reported fourth-quarter revenue growth of 25% year-over-year to $171.1 million, +24.2% on a constant currency basis, beating the consensus of $158.23 million.