FARO Technologies, Inc. (FARO)
Market Cap | 306.33M |
Revenue (ttm) | 358.11M |
Net Income (ttm) | -42.68M |
Shares Out | 19.21M |
EPS (ttm) | -2.24 |
PE Ratio | n/a |
Forward PE | 26.50 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 54,062 |
Open | 16.02 |
Previous Close | 15.90 |
Day's Range | 15.86 - 16.02 |
52-Week Range | 12.34 - 24.80 |
Beta | 1.32 |
Analysts | Strong Buy |
Price Target | 26.50 (+66.14%) |
Earnings Date | Jul 31, 2024 |
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]
Financial Performance
In 2023, FARO's revenue was $358.83 million, an increase of 3.78% compared to the previous year's $345.77 million. Losses were -$56.58 million, 111.5% more than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for FARO stock is "Strong Buy." The 12-month stock price forecast is $26.5, which is an increase of 66.14% from the latest price.
News
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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...
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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 ...
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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...
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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...
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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 ...
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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...
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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...
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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...
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FARO Announces Third Quarter Financial Results
Revenue of $86.8 million, exceeded high-end of expectations First full quarter of cost reductions achieved quarterly expense expectations Profitability exceeded expectations LAKE MARY, Fla. , Nov. 1, ...
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FARO to Announce Financial Results for the Third Quarter 2023 on November 2, 2023
LAKE MARY, Fla. , Oct. 25, 2023 /PRNewswire/ -- FARO® Technologies (Nasdaq: FARO), a pioneer in the field of 3D measurement, imaging, and realization technology, today announced that after market clos...
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FARO Releases Next Generation Cloud Platform, Sphere XG
Sphere XG expands 3D cloud processing, viewing and collaboration to a broad set of FARO and industry capture devices including stationary, mobile, and iPhone LiDAR scanners, and 360 ° cameras LAKE MAR...
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Revolutionizing 3D Scanning Data Capture, FARO® Unveils Orbis™ Mobile Scanner
The first-to-market hybrid scanner offers mobile and stationary scanning in one device LAKE MARY, Fla. , Oct. 10, 2023 /PRNewswire/ -- FARO® Technologies (Nasdaq: FARO), a pioneer in the field of 3D m...
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FARO Presents Inaugural Conference, Signals: Illuminating the Future of Reality Capture Technology
LAKE MARY, Fla. , Aug. 22, 2023 /PRNewswire/ -- FARO (Nasdaq: FARO), a leading provider of 3D measurement, imaging, and realization solutions, is thrilled to announce its inaugural Signals Conference.
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FARO Reports Inducement Grant Under Nasdaq Listing Rules
LAKE MARY, Fla. , Aug. 2, 2023 /PRNewswire/ -- FARO Technologies, Inc ® (Nasdaq: FARO), a global leader in 3D measurement, imaging, and realization solutions for the 3D Metrology, AEC (Architecture, E...
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FARO Announces Second Quarter Financial Results
Revenue of $88.2 million, up 10% year over year, exceeded expectations Implemented cost reduction activities to realize targeted expense levels in third quarter Significant improvement in cash flow re...
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FARO to Announce Financial Results for the Second Quarter 2023 on August 2, 2023
LAKE MARY, Fla. , July 20, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, August 2...
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FARO Technologies Appoints Peter Lau as President and Chief Executive Officer
Peter Lau to join effective July 24 th, 2023 Yuval Wasserman to continue as Executive Chairman LAKE MARY, Fla. , June 29, 2023 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader of 3D measurement, ...
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FARO Announces Strategic Partnership with HOLOGATE
LAKE MARY, Fla. , June 6, 2023 /PRNewswire/ -- FARO® Technologies, Inc.
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FARO Technologies Announces Retirement of President & CEO Michael Burger and appointment of Yuval Wasserman as Executive Chairman and Interim CEO
Michael Burger to retire as President and CEO effective July 1 st, 2023 Yuval Wasserman will become Executive Chairman immediately and will assume the position of Chairman and Interim CEO on July 1 st...
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FARO to Announce Financial Results for the First Quarter 2023 on May 3, 2023
LAKE MARY, Fla. , April 26, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, May 3, ...
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FARO Releases Hybrid Reality Capture™, Powered by Flash Technology
First Solution in AECO Markets of its Kind LAKE MARY, Fla. , April 4, 2023 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the ...
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FARO Announces Fourth Quarter and Full Year Financial Results
LAKE MARY, Fla. , Feb. 15, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the fourth quarter a...
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FARO to Announce Financial Results for the Fourth Quarter and Year End 2022 on February 15, 2023
LAKE MARY, Fla. , Feb. 7, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, February ...
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FARO Announces Pricing of $60 Million Convertible Senior Notes Offering
LAKE MARY, Fla. , Jan. 20, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ: FARO) ("FARO") announced today the pricing of $60 million aggregate principal amount of its 5.50% convertible senior n...
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FARO Technologies Announces Proposed $60 Million Convertible Senior Notes Offering
LAKE MARY, Fla. , Jan. 19, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO) ("FARO") announced that it intends to offer, subject to market conditions and other considerations, $60 million ...