FARO Technologies, Inc. (FARO)
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]
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 StatementsAnalyst 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.
News
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FARO Technologies, Inc. (FARO) Q4 2024 Earnings Call Transcript
FARO Technologies, Inc. (FARO) Q4 2024 Earnings Call Transcript
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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...
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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...
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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...
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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...
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FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript
FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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,...
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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 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...
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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 Technologies, Inc. (FARO) Q4 2023 Earnings Call Transcript
FARO Technologies, Inc. (FARO) Q4 2023 Earnings Call Transcript
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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...