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FARO Technologies (FARO) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

18 September 1997

Indexes:

Not included

Description:

FARO Technologies, Inc. designs, develops, manufactures, supplies, and supports software-controlled systems for three-dimensional (3D) measurements, visualization, and realization. The company FARO Technologies, Inc. was founded in 1981, and its headquarters are located on Lake Mary, Florida. The company operates in three segments: Factory Metrology; Modeling Technologies for BIM-CIM construction; Other activities. Product deliveries are made through direct sales to customers in various areas of manufacturing, industry, architecture, surveying, building construction, and law enforcement.

Key Details

Price

$27.51

Annual Revenue

$358.83 M(+3.78% YoY)

Annual EPS

-$2.99(-104.79% YoY)

Annual ROE

-19.52%

Beta

1.74

Events Calendar

Earnings

Next earnings date:

Feb 27, 2025

Recent quarterly earnings:

Nov 06, 2024

Recent annual earnings:

Feb 27, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

07 Nov '24 Needham
Buy
07 Nov '24 Craig-Hallum
Buy
09 Aug '24 Needham
Buy
09 Aug '24 Craig-Hallum
Buy
03 May '24 Needham
Buy
12 Mar '24 Needham
Buy
29 Feb '24 Needham
Buy
29 Jan '24 Needham
Buy
02 Nov '23 Needham
Buy
03 Aug '23 Needham
Buy

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Institutional Ownership

FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript
FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript
FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript
FARO
seekingalpha.com06 November 2024

FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript

FARO to Announce Financial Results for the Third Quarter 2024 on November 6, 2024
FARO to Announce Financial Results for the Third Quarter 2024 on November 6, 2024
FARO to Announce Financial Results for the Third Quarter 2024 on November 6, 2024
FARO
prnewswire.com23 October 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 6, 2024, it will release its financial results for the third quarter ended September 30, 2024.

FARO Technologies Appoints Phillip Delnick as Senior Vice President, Global Sales
FARO Technologies Appoints Phillip Delnick as Senior Vice President, Global Sales
FARO Technologies Appoints Phillip Delnick as Senior Vice President, Global Sales
FARO
prnewswire.com18 October 2024

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 organization as its SVP, Global Sales, effective October 21, 2024.

FARO Introduces New Range Capabilities in Focus Laser Scanner Update
FARO Introduces New Range Capabilities in Focus Laser Scanner Update
FARO Introduces New Range Capabilities in Focus Laser Scanner Update
FARO
prnewswire.com15 October 2024

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 Scanner portfolio.

FARO Releases New Edition to its Portable CMM Series - FARO Quantum X
FARO Releases New Edition to its Portable CMM Series - FARO Quantum X
FARO Releases New Edition to its Portable CMM Series - FARO Quantum X
FARO
prnewswire.com08 October 2024

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 Series of portable coordinate measurement machines.

FARO Technologies, Inc. (FARO) Q2 2024 Earnings Call Transcript
FARO Technologies, Inc. (FARO) Q2 2024 Earnings Call Transcript
FARO Technologies, Inc. (FARO) Q2 2024 Earnings Call Transcript
FARO
seekingalpha.com10 August 2024

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 Lau - President and Chief Executive Officer Matt Horwath - Chief Financial Officer Conference Call Participants Jonathan Bass - Stephens Jim Ricchiuti - Needham Capital Operator Good day, everyone, and welcome to the FARO Technologies Second Quarter 2024 Earnings Call. For opening remarks and introductions, I would now like to turn the call over to Michael Funari at Sapphire Investor Relations.

FARO Announces Second Quarter Financial Results
FARO Announces Second Quarter Financial Results
FARO Announces Second Quarter Financial Results
FARO
prnewswire.com08 August 2024

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 flow from operations of $4.2 million LAKE MARY, Fla. , Aug. 8, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the second quarter ended June 30, 2024.

FARO to Announce Financial Results for the Second Quarter 2024 on August 8, 2024
FARO to Announce Financial Results for the Second Quarter 2024 on August 8, 2024
FARO to Announce Financial Results for the Second Quarter 2024 on August 8, 2024
FARO
prnewswire.com26 July 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, 2024, it will release its financial results for the second quarter ended June 30, 2024.

FARO Technologies, Inc. (FARO) Q1 2024 Earnings Call Transcript
FARO Technologies, Inc. (FARO) Q1 2024 Earnings Call Transcript
FARO Technologies, Inc. (FARO) Q1 2024 Earnings Call Transcript
FARO
Seeking Alpha05 May 2024

FARO Technologies, Inc. (NASDAQ:FARO) will hold its Q1 2024 Earnings Conference Call on May 2, 2024 at 8:00 AM ET. Present on the call will be Mike Funari from Sapphire, Peter Lau - President and CEO, and Matt Horwath - CFO. The call will be moderated by James Ricchiuti from Needham and Greg Palm from Craig-Hallum. The call will begin with opening remarks and introductions by Michael Funari from Sapphire Investor Relations.

FARO to Announce Financial Results for the Fourth Quarter and Year End 2023 on February 28, 2024
FARO to Announce Financial Results for the Fourth Quarter and Year End 2023 on February 28, 2024
FARO to Announce Financial Results for the Fourth Quarter and Year End 2023 on February 28, 2024
FARO
PRNewsWire13 February 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 close on Tuesday, February 27, 2024, it will release its financial results for the fourth quarter and full year ended December 31, 2023.

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FAQ

  • What is the primary business of FARO Technologies?
  • What is the ticker symbol for FARO Technologies?
  • Does FARO Technologies pay dividends?
  • What sector is FARO Technologies in?
  • What industry is FARO Technologies in?
  • What country is FARO Technologies based in?
  • When did FARO Technologies go public?
  • Is FARO Technologies in the S&P 500?
  • Is FARO Technologies in the NASDAQ 100?
  • Is FARO Technologies in the Dow Jones?
  • When was FARO Technologies's last earnings report?
  • When does FARO Technologies report earnings?
  • Should I buy FARO Technologies stock now?

What is the primary business of FARO Technologies?

FARO Technologies, Inc. designs, develops, manufactures, supplies, and supports software-controlled systems for three-dimensional (3D) measurements, visualization, and realization. The company FARO Technologies, Inc. was founded in 1981, and its headquarters are located on Lake Mary, Florida. The company operates in three segments: Factory Metrology; Modeling Technologies for BIM-CIM construction; Other activities. Product deliveries are made through direct sales to customers in various areas of manufacturing, industry, architecture, surveying, building construction, and law enforcement.

What is the ticker symbol for FARO Technologies?

The ticker symbol for FARO Technologies is NASDAQ:FARO

Does FARO Technologies pay dividends?

No, FARO Technologies does not pay dividends

What sector is FARO Technologies in?

FARO Technologies is in the Technology sector

What industry is FARO Technologies in?

FARO Technologies is in the Scientific & Technical Instruments industry

What country is FARO Technologies based in?

FARO Technologies is headquartered in United States

When did FARO Technologies go public?

FARO Technologies's initial public offering (IPO) was on 18 September 1997

Is FARO Technologies in the S&P 500?

No, FARO Technologies is not included in the S&P 500 index

Is FARO Technologies in the NASDAQ 100?

No, FARO Technologies is not included in the NASDAQ 100 index

Is FARO Technologies in the Dow Jones?

No, FARO Technologies is not included in the Dow Jones index

When was FARO Technologies's last earnings report?

FARO Technologies's most recent earnings report was on 6 November 2024

When does FARO Technologies report earnings?

The next expected earnings date for FARO Technologies is 27 February 2025

Should I buy FARO Technologies stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions