FARO Technologies, Inc. (FARO)

NASDAQ: FARO · Real-Time Price · USD
31.40
-1.08 (-3.33%)
Feb 27, 2025, 4:00 PM EST - Market closed
-3.33%
Market Cap 596.02M
Revenue (ttm) 342.43M
Net Income (ttm) -9.07M
Shares Out 18.98M
EPS (ttm) -0.47
PE Ratio n/a
Forward PE 26.61
Dividend n/a
Ex-Dividend Date n/a
Volume 256,423
Open 32.36
Previous Close 32.48
Day's Range 30.80 - 32.65
52-Week Range 13.52 - 33.13
Beta 1.40
Analysts Strong Buy
Price Target 35.00 (+11.47%)
Earnings Date Feb 24, 2025

About FARO

FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions worldwide. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to position components; FARO Laser... [Read more]

Sector Technology
IPO Date Sep 18, 1997
Employees 1,181
Stock Exchange NASDAQ
Ticker Symbol FARO
Full Company Profile

Financial Performance

In 2024, FARO Technologies's revenue was $342.43 million, a decrease of -4.57% compared to the previous year's $358.83 million. Losses were -$9.07 million, -83.98% less than in 2023.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for FARO stock is "Strong Buy." The 12-month stock price forecast is $35.0, which is an increase of 11.47% from the latest price.

Price Target
$35.0
(11.47% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

FARO Technologies, Inc. (FARO) Q4 2024 Earnings Call Transcript

FARO Technologies, Inc. (FARO) Q4 2024 Earnings Call Transcript

3 days ago - Seeking Alpha

FARO Announces Fourth Quarter and Full Year 2024 Financial Results

LAKE MARY, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the fourth quarte...

3 days ago - GlobeNewsWire

Topcon and FARO Technologies Announce Strategic Agreement in Laser Scanning Technology

LIVERMORE, Calif.--(BUSINESS WIRE)-- #construction--Topcon Corporation and FARO Technologies have announced a strategic agreement to develop and distribute innovative solutions in the laser scanning m...

9 days ago - Business Wire

FARO to Announce Financial Results for the Fourth Quarter and Year End 2024 on February 24, 2025

LAKE MARY, Fla., Feb. 17, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Monday, February...

10 days ago - GlobeNewsWire

FARO Technologies Pushes 3D Metrology Forward with New FARO Leap ST

Lake Mary, Fla, Jan. 23, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (Nasdaq: FARO) has entered a new category of handheld scanning with the launch of FARO Leap ST ®. The new handheld solution e...

5 weeks ago - GlobeNewsWire

The Top 6 AI Stocks For 2025

AI fever has helped power a two-year bull run on Wall Street as investors bet heavily on tech companies leveraging AI's power, a market projected to reach $1.36T by 2032. Not all AI stocks are created...

Other symbols: CLSDOCUFRSHPRLBTWLO
6 weeks ago - Seeking Alpha

FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript

FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript

4 months ago - Seeking Alpha

FARO Announces Third Quarter Financial Results

Revenue of $82.6 million, at the upper end of guidance range Gross margin of 55.7%; Non-GAAP gross margin 56.1%, above guidance range Loss per share of $(0.02); Non-GAAP earnings per share ("EPS") of ...

4 months ago - PRNewsWire

FARO to Announce Financial Results for the Third Quarter 2024 on November 6, 2024

LAKE MARY, Fla. , Oct. 23, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, November...

4 months ago - PRNewsWire

FARO Technologies Appoints Phillip Delnick as Senior Vice President, Global Sales

LAKE MARY, Fla. , Oct. 18, 2024 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the appointment of Phillip Delnick to lead FARO's global sales or...

4 months ago - PRNewsWire

FARO Introduces New Range Capabilities in Focus Laser Scanner Update

New FARO Focus Premium Max leads refreshed lineup LAKE MARY, Fla. , Oct. 15, 2024 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO) has launched the next generation in the FARO Focus 3D Laser Sca...

4 months ago - PRNewsWire

FARO Releases New Edition to its Portable CMM Series - FARO Quantum X

New arm series increases accuracy and boosts user confidence LAKE MARY, Fla. , Oct. 8, 2024 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO) has announced the release of the Quantum X FaroArm Se...

5 months ago - PRNewsWire

FARO Technologies, Inc. (FARO) Q2 2024 Earnings Call Transcript

FARO Technologies, Inc. (NASDAQ:FARO) Q2 2024 Results Conference Call August 8, 2024 4:30 PM ET Company Participants Michael Funari - Investor Relations Greg Palm - Craig-Hallum Capital Group Peter L...

7 months ago - Seeking Alpha

FARO Announces Second Quarter Financial Results

Revenue of $82.1 million Gross margin of 54.6%; Non-GAAP gross margin 55.0%, above guidance range Loss per share of $(0.03); Non-GAAP earnings per share ("EPS") of $0.18, above guidance range Cash flo...

7 months ago - PRNewsWire

FARO to Announce Financial Results for the Second Quarter 2024 on August 8, 2024

LAKE MARY, Fla. , July 26, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Thursday, August 8,...

7 months ago - PRNewsWire

CMG Announces Appointment of Alex Davern to the Board of Directors

CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce that Alex Davern has been appointed to the Board of Director...

Other symbols: CRUS
10 months ago - GlobeNewsWire

FARO Technologies, Inc. (FARO) Q1 2024 Earnings Call Transcript

FARO Technologies, Inc. (NASDAQ:FARO) Q1 2024 Earnings Conference Call May 2, 2024 8:00 AM ET Company Participants Mike Funari - Sapphire, IR Peter Lau - President and CEO Matt Horwath - CFO Conferen...

10 months ago - Seeking Alpha

FARO Announces First Quarter Financial Results

Revenue of $84.2 million, at the upper end of guidance range Q1 loss per share of $(0.38); Non-GAAP earnings per share ("EPS") of $0.09, above guidance range Cash flow from operations of $6.6 million ...

10 months ago - PRNewsWire

FARO to Announce Financial Results for the First Quarter 2024 on May 1, 2024

LAKE MARY, Fla. , April 25, 2024 /PRNewswire/ -- FARO® (Nasdaq: FARO), the global leader in 3D digital measurement, imaging and realization solutions, today announced that after market close on Wednes...

11 months ago - PRNewsWire

FARO Technologies to Webcast 2024 Investor Event on Monday, March 11, 2024

LAKE MARY, Fla., March 5, 2024 /PRNewswire/ -- FARO® (Nasdaq: FARO), the global leader in 3D digital measurement, imaging and realization solutions, will webcast its Investor Event on Monday, March 11...

1 year ago - PRNewsWire

FARO Technologies, Inc. (FARO) Q4 2023 Earnings Call Transcript

FARO Technologies, Inc. (FARO) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

FARO Announces Fourth Quarter and Full Year 2023 Financial Results

Q4 revenue of $98.8 million, at the upper end of our guidance range Q4 earnings per share ("EPS") of $0.08; Non-GAAP EPS of $0.36, above our guidance range Significant improvement in cash flow, which ...

1 year ago - PRNewsWire

FARO to Announce Financial Results for the Fourth Quarter and Year End 2023 on February 28, 2024

LAKE MARY, Fla. , Feb. 13, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a leading provider of 3D measurement, imaging, and realization solutions, today announced that after market clo...

1 year ago - PRNewsWire

FARO Technologies Announces CFO Transition

LAKE MARY, Fla. , Jan. 16, 2024 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced that Matthew Horwath has been promoted to SVP & Chief Financial O...

1 year ago - PRNewsWire

FARO Successfully Completes SOC 2 Type II Audit

LAKE MARY, Fla. , Dec. 29, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a leading provider of 3D measurement, imaging, and realization solutions, today announced the successful comple...

1 year ago - PRNewsWire