FARO Announces Third Quarter Financial Results [Yahoo! Finance]
FARO Technologies, Inc. (FARO)
Last faro technologies, inc. earnings: 4/28 04:10 pm
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Source: Yahoo! Finance
Loss per share of ; Non-GAAP earnings per share ("EPS") of , above guidance range Cash flow from operations of $2.6 million Share repurchases of $10 million during the quarter LAKE MARY, Fla. Nov. 6, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the third quarter ended September 30, 2024 "I am proud of our ongoing progress in profitability, achieving 55.7% gross margins, GAAP net loss of $0.3 million and $8.9 million of adjusted EBITDA, or 10.7% of revenue, all exceeding our expectations for the third quarter. This marks a significant transformation in our operations over the past year, as its the first time that we have delivered back-to-back double-digit quarterly adjusted EBITDA margins in almost a decade," said Peter Lau , President & Chief Executive Officer. "Looking ahead, we are committed to executing on our growth initiatives, even in a difficult macroeconomic en
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FARO
News
- FARO Technologies, Inc. (NASDAQ: FARO) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- FARO Technologies Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Faro Technologies Inc (FARO) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
- FARO Technologies, Inc. (NASDAQ: FARO) had its price target raised by analysts at Craig Hallum from $25.00 to $30.00. They now have a "buy" rating on the stock.MarketBeat
- FARO Technologies, Inc. (NASDAQ: FARO) had its price target raised by analysts at Needham & Company LLC from $24.00 to $26.00. They now have a "buy" rating on the stock.MarketBeat
FARO
Earnings
- 11/6/24 - Beat
FARO
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- 11/7/24 - Form 4
- FARO's page on the SEC website