FARO Technologies, Inc. (FARO)
Market Cap | 395.89M |
Revenue (ttm) | 358.83M |
Net Income (ttm) | -56.58M |
Shares Out | 18.97M |
EPS (ttm) | -2.99 |
PE Ratio | n/a |
Forward PE | 39.71 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,317 |
Open | 21.55 |
Previous Close | 21.61 |
Day's Range | 20.95 - 21.62 |
52-Week Range | 10.30 - 25.23 |
Beta | 1.41 |
Analysts | Strong Buy |
Price Target | 24.67 (+14.16%) |
Earnings Date | May 1, 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 3 analysts, the average rating for FARO stock is "Strong Buy." The 12-month stock price forecast is $24.67, which is an increase of 14.16% from the latest price.
News
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 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 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, ...
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 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...
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...
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...
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, ...
FARO Announces Strategic Partnership with HOLOGATE
LAKE MARY, Fla. , June 6, 2023 /PRNewswire/ -- FARO® Technologies, Inc.
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...
FARO Announces First Quarter Financial Results
LAKE MARY, Fla. , May 3, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the first quarter ende...
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, ...
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 ...
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...
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 ...
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...
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 ...
FARO Acquires SiteScape, a Leader in LiDAR Based Scanning Software
LAKE MARY, Fla. , Dec. 1, 2022 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the acquisition of SiteScape, an innovator in Li...
FARO Zone 3D Forensic Scene Analysis Software Delivers New Photogrammetry Capabilities
LAKE MARY, Fla. , Nov. 8, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ: FARO), a global leader in 4D digital reality solutions, today announced the release of a new edition of FARO Zone 3D So...