FARO Technologies, Inc. (FARO)
Market Cap | 521.71M |
Revenue (ttm) | 342.43M |
Net Income (ttm) | -9.07M |
Shares Out | 18.98M |
EPS (ttm) | -0.47 |
PE Ratio | n/a |
Forward PE | 23.29 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 173,829 |
Open | 28.37 |
Previous Close | 28.42 |
Day's Range | 27.29 - 28.45 |
52-Week Range | 13.52 - 33.13 |
Beta | 1.55 |
Analysts | Strong Buy |
Price Target | 35.00 (+27.34%) |
Earnings Date | Apr 30, 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 27.34% from the latest price.
News

LiDAR Market and Company Analysis 2025-2033: Industry to Quintuple in Size by 2033, Reaching $12.81 Billion, Led by Faro Technologies, Hexagon, and Vaisala
Dublin, March 11, 2025 (GLOBE NEWSWIRE) -- The "LiDAR Market by Types, Components, Application, Technology, Range, Countries and Company Analysis 2025-2033" report has been added to ResearchAndMarkets...

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

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...

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...

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...

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...

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

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 ...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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 ...

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...

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...

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

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 ...

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...

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...