FARO Technologies, Inc. (FARO)
Market Cap | 435.71M |
Revenue (ttm) | 345.77M |
Net Income (ttm) | -26.76M |
Shares Out | 18.78M |
EPS (ttm) | -1.46 |
PE Ratio | n/a |
Forward PE | 30.77 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 95,742 |
Open | 22.93 |
Previous Close | 23.16 |
Day's Range | 22.76 - 23.22 |
52-Week Range | 22.61 - 54.95 |
Beta | 1.33 |
Analysts | Buy |
Price Target | 39.02 (+68.19%) |
Earnings Date | Apr 25, 2023 |
About FARO
FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. 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 temp... [Read more]
Financial Performance
In 2022, FARO's revenue was $345.77 million, an increase of 2.35% compared to the previous year's $337.81 million. Losses were -$26.76 million, -33.05% less than in 2021.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for FARO stock is "Buy." The 12-month stock price forecast is $39.02, which is an increase of 68.19% from the latest price.
News

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...

FARO Announces Third Quarter Financial Results
LAKE MARY, Fla. , Nov. 2, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the third quarter end...

FARO to Announce Financial Results for the Third Quarter 2022 on November 2, 2022
LAKE MARY, Fla. , Oct. 21, 2022 /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 ($FARO) Releases New Focus Core Laser Scanner To Capture 3D Reality
FARO Technologies (NASDAQ: FARO), a global leader in 4D digital reality solutions, has announced the release of its all new FARO® Focus Core Laser Scanner. The new product is fully integrated into the...

FARO Releases Focus Core Laser Scanner
New Scanner Opens the Door for More Applications LAKE MARY, Fla. , Oct. 18, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announc...

FARO Announces New 4D Construction Progress Management Solution Uniting Point Cloud Data and 360° Reality Capture
LAKE MARY, Fla. , Sept. 27, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality insights, today announced the 4D Construction Progress Management Soluti...

FARO Appoints Patrick Bohle as President, Building Insights
LAKE MARY, Fla. , Sept. 23, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the appointment of Patrick Bohle to the posit...

FARO Releases All-New Vantage Max High-Accuracy Laser Tracker Series
—Portable Inspection Tools Now More Precise, Easier to Use & Improve Productivity by 20%— LAKE MARY, Fla. , Sept. 12, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ: FARO), a global leader in 4...

FARO Releases First Augmented Reality App for Concrete Construction in Sphere Ecosystem: Flatness Check Enables Enhanced Measurement of Concrete Slabs, Saves Time, Improves Quality and Reduces Waste
LAKE MARY, Fla. , Sept. 8, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the release of FARO Flatness Check, the compan...

FARO® Acquires Mobile Scanning Market Leader, GeoSLAM™
—Enables Fast, High Accuracy 3D Model Generation within FARO's 4D Digital Reality Offering— LAKE MARY, Fla. , Sept. 1, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in ...

FARO Issues 1st Sustainability Report: Reaffirms Pledge to Reduce GHG Emissions 25% by 2025
--Facility Consolidation & Energy Management Key to Meeting Benchmarks-- LAKE MARY, Fla. , Aug. 23, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality ...

FARO Announces Second Quarter Financial Results
LAKE MARY, Fla. , Aug. 3, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the second quarter en...

FARO Appoints Rajani Ramanathan to its Board of Directors
LAKE MARY, Fla. , July 29, 2022 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader in 4D digital reality, today announced the expansion of its Board of Directors to nine members and the appointment...

FARO to Announce Financial Results for the Second Quarter 2022 on August 3, 2022
LAKE MARY, Fla. , July 19, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ: FARO), a global leader in 4D digital reality, today announced that after market close on Wednesday, August 3, 2022, it...

FARO's HoloBuilder™ Construction Progress Management Solution Gains Widespread Adoption
—1 Year Post Acquisition, GOLDBECK 'Enterprise' Agreement Represents Textbook Example— LAKE MARY, Fla. , June 23, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D di...

FARO Announces Election of Yuval Wasserman as Chairman of the Board of Directors
LAKE MARY, Fla. , June 2, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the election of Yuval Wasserman as Chairman of ...

FARO Announces First Quarter Financial Results
LAKE MARY, Fla. , April 27, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the first quarter e...

FARO to Announce Financial Results for the First Quarter 2022 on April 27, 2022
LAKE MARY, Fla. , April 19, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ: FARO), a global leader in 4D digital reality, today announced that after market close on Wednesday, April 27, 2022, i...

FARO Announces Appointment of Jeff Sexton to VP of Global Sales, Upon Retirement of Kevin Beadle
LAKE MARY, Fla. , April 14, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the retirement of Kevin Beadle, Senior Vice P...

FARO® Launches End-To-End 3D Digital Reality Capture & Collaboration Platform
—Integrated Cloud-Based Workflow Enables Easy, Fast & Accurate 3D Model Creation— LAKE MARY, Fla. , April 12, 2022 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digita...