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FARO Technologies Q1 2023 Earnings Report

FARO Technologies logo
$26.07 +0.44 (+1.72%)
(As of 12/20/2024 05:45 PM ET)

FARO Technologies EPS Results

Actual EPS
-$1.12
Consensus EPS
-$0.26
Beat/Miss
Missed by -$0.86
One Year Ago EPS
N/A

FARO Technologies Revenue Results

Actual Revenue
$84.97 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

FARO Technologies Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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FARO Technologies Earnings Headlines

Faro Technologies price target raised to $33 from $30 at Craig-Hallum
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Faro Technologies management to meet with Craig-Hallum
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About FARO Technologies

FARO Technologies (NASDAQ:FARO) 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 Scanning Portfolio to measure and collect a cloud of data points for 3D rendering of an object or area; and FARO Mobile Laser Portfolio provides 3D scanning while attached to other mobile devices, such as drones for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. It also provides FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications. It sells its products to automotive, aerospace, and metal and machine fabrication industries. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.

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