FARO Technologies, Inc. (FARO)
Market Cap | 488.07M |
Revenue (ttm) | 347.73M |
Net Income (ttm) | -6.49M |
Shares Out | 18.92M |
EPS (ttm) | -0.34 |
PE Ratio | n/a |
Forward PE | 28.53 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 50,838 |
Open | 25.92 |
Previous Close | 26.07 |
Day's Range | 25.55 - 26.22 |
52-Week Range | 13.52 - 29.30 |
Beta | 1.38 |
Analysts | Strong Buy |
Price Target | 29.50 (+14.34%) |
Earnings Date | Nov 6, 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 Technologies'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 $29.5, which is an increase of 14.34% from the latest price.
News
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...
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...
FARO Technologies, Inc. (FARO) Q3 2023 Earnings Call Transcript
FARO Technologies, Inc. (NASDAQ:FARO) Q3 2023 Results Conference Call November 2, 2023 8:00 AM ET Company Participants Michael Funari - Sapphire, IR Peter Lau - President and CEO Allen Muhich - CFO C...
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...
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...
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...
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.
FARO Technologies, Inc. (FARO) Q2 2023 Earnings Call Transcript
FARO Technologies, Inc. (NASDAQ:FARO) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Michael Funari - Investor Relations Peter Lau - President and Chief Executive Off...