Faro Technologies Inc (FARO) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]
FARO Technologies, Inc. (FARO)
Last faro technologies, inc. earnings: 4/28 04:10 pm
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US:NASDAQ Investor Relations:
faro.com/about-faro/investor-relations
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Source: Yahoo! Finance
Non-GAAP Operating Expenses: $40.1 million. Non-GAAP EPS: $0.21, above guidance range. Adjusted EBITDA: $8.9 million, 10.7% of sales. Operating Cash Flow: Positive for the fourth consecutive quarter. Hardware Revenue: $50.3 million, down 10% year-over-year. Software Revenue: $11.2 million, approximately flat year-over-year. Service Revenue: $21.1 million, up 6% year-over-year. Recurring Revenue: $17.4 million, 21% of sales, up 2% year-over-year. GAAP Net Loss: $300,000 or $0.02 per share. Cash and Short-term Investments: $88.9 million. Share Repurchase: $10 million repurchased at an average price of $16.99. Fourth Quarter Revenue Guidance: $88 million to $96 million. Fourth Quarter Non-GAAP EPS Guidance: $0.32 to $0.52 per share. Warning! GuruFocus has detected 4 Warning Signs with FARO. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Faro Technologies Inc ( NASDAQ:FARO
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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. (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 Announces Third Quarter Financial Results [Yahoo! Finance]Yahoo! Finance
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