FARO Technologies, Inc. (FARO)
| Market Cap | 849.75M |
| Revenue (ttm) | 341.05M -4.8% |
| Net Income | -893,000 |
| EPS | -0.05 |
| Shares Out | 19.32M |
| PE Ratio | n/a |
| Forward PE | 32.35 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,603,463 |
| Open | 43.80 |
| Previous Close | n/a |
| Day's Range | 43.80 - 44.01 |
| 52-Week Range | 13.52 - 44.06 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 35.50 (-19.3%) |
| Earnings Date | Aug 7, 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 Summary
According to 2 analysts, the average rating for FARO stock is "Buy." The 12-month stock price target is $35.5, which is a decrease of -19.30% from the latest price.
News
A New Era Unfolds: FARO and Creaform Combine to Form Two New Business Units
Purpose‑built for customers: FARO CREAFORM, turning portable and automated dimensional measurement into strategic advantage for manufacturers, and FARO INSIGHT, transforming captured reality into trus...
AMETEK Completes Acquisition of FARO Technologies, Strengthening Leadership in 3D Metrology, Laser Projection & Digital Reality Solutions
LAKE MARY, Fla., July 21, 2025 (GLOBE NEWSWIRE) -- AMETEK, Inc. today announced that it has completed its acquisition of FARO Technologies, a global leader in 3D measurement and imaging solutions. FAR...
FARO Shareholders Overwhelmingly Approve Proposed Merger with AMETEK
LAKE MARY, Fla., July 15, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (Nasdaq: FARO) (the “Company” or “FARO”), a global leader in 4D digital reality solutions, today announced that at the Compa...
FARO TECHNOLOGIES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of FARO Technologies, Inc. - FARO
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of FARO ...
AMETEK to acquire FARO Technologies in deal valued at $920 million
Industrial tools maker AMETEK will acquire FARO Technologies at an enterprise value of about $920 million, the two companies said on Tuesday, sending the target firm's shares soaring 36% in early trad...
AMETEK to Acquire FARO Technologies
BERWYN, Pa., and LAKE MARY, Fla.
FARO Announces First Quarter Financial Results
LAKE MARY, Fla., April 24, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the first quarte...
FARO to Announce Financial Results for the First Quarter 2025 on April 24, 2025
LAKE MARY, Fla., April 18, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced that before market open on Thursday, April...
Introducing Blink by FARO® Technologies: Reality Capture Reimagined
Lake Mary, Fla, April 15, 2025 (GLOBE NEWSWIRE) -- LAKE MARY, Fla. (April 15, 2025) — FARO® Technologies, Inc. (Nasdaq: FARO) has announced the launch of a unique 3D reality capture solution, FARO Bli...
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 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 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 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 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 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 ...