FARO - Earnings announcements

Revenue of $82.9 million, at the upper end of guidance rangeGross margin of 57.0%; Non-GAAP gross margin 57.7%, above guidance rangeEarnings per share of $0.05; Non-GAAP earnings per share ("EPS") of $0.33, above guidance rangeCash flow from operations of $5.0 million LAKE MARY, Fla., April 24, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (NASDAQ:FARO), a global leader in 4D digital reality solutions, today announced its financial results for the first quarter ended March 31, 2025. "We're very pleased with our strong start to the year, with our first quarter financial results exceeding our expectations and reflecting the successful execution of our strategic growth initiativ

LAKE MARY, Fla., April 18, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (NASDAQ:FARO), a global leader in 4D digital reality solutions, today announced that before market open on Thursday, April 24, 2025, it will release its financial results for the first quarter ended March 31, 2025. In conjunction with the release, Peter Lau, President and Chief Executive Officer, and Matthew Horwath, Senior Vice President and Chief Financial Officer, will host a conference call on Thursday, April 24, 2025, at 8:00 am. ET.                                                              Interested parties can access the conference call by dialing +1 800-245-3047 (U.S.) or +1 203-518-9765 (International

Q4 revenue of $93.5 million, at the upper end of our guidance rangeQ4 net loss of $1.0 million, or $(0.05) per share; Non-GAAP EPS of $0.50, at the high end of guidance rangeSignificant improvement in cash flow, which results in positive Q4 and FY2024 cash flow from operations LAKE MARY, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (NASDAQ:FARO), a global leader in 4D digital reality solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2024. "We are proud to conclude the year with strong momentum, surpassing targets across all of our metrics in the fourth quarter and achieving a decade-high adjusted EBITDA margin

LAKE MARY, Fla., Feb. 17, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (NASDAQ:FARO), a global leader in 4D digital reality solutions, today announced that after market close on Monday, February 24, 2025, it will release its financial results for the fourth quarter and full year ended December 31, 2024. In conjunction with the release, Peter Lau, President and Chief Executive Officer, and Matthew Horwath, Senior Vice President and Chief Financial Officer, will host a conference call on Monday, February 24, 2025, at 4:30 pm. ET.                                                              Interested parties can access the conference call by dialing +1 800-579-2543 (U.S.) or +1 785-424-

Revenue of $82.6 million, at the upper end of guidance rangeGross margin of 55.7%; Non-GAAP gross margin 56.1%, above guidance rangeLoss per share of $(0.02); Non-GAAP earnings per share ("EPS") of $0.21, above guidance rangeCash flow from operations of $2.6 millionShare repurchases of $10 million during the quarterLAKE 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 profit

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. In conjunction with the release, Peter Lau, President and Chief Executive Officer, and Matthew Horwath, Senior Vice President and Chief Financial Officer, will host a conference call on Wednesday, November 6, 2024, at 4:30 pm. ET. Interested parties can access the conference call by diali

Revenue of $82.1 millionGross margin of 54.6%; Non-GAAP gross margin 55.0%, above guidance rangeLoss per share of $(0.03); Non-GAAP earnings per share ("EPS") of $0.18, above guidance rangeCash flow from operations of $4.2 millionLAKE 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. "As I reflect on the completion of my first year at FARO, I am pleased with the execution of the first phase of our journey to drive ope

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. In conjunction with the release, Peter Lau, President and Chief Executive Officer, and Matthew Horwath, Senior Vice President and Chief Financial Officer, will host a conference call on Thursday, August 8, 2024, at 4:30 pm. ET. Interested parties can access the conference call by dialing +1 800-

Revenue of $84.2 million, at the upper end of guidance rangeQ1 loss per share of $(0.38); Non-GAAP earnings per share ("EPS") of $0.09, above guidance rangeCash flow from operations of $6.6 millionLAKE MARY, Fla., May 1, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ:FARO), a global leader in 4D digital reality solutions, today announced its financial results for the first quarter ended March 31, 2024. "We're pleased with our strong start to the year, with our first quarter financial performance providing a solid foundation from which we expect to continue to invest in

LAKE MARY, Fla., April 25, 2024 /PRNewswire/ -- FARO® (NASDAQ:FARO), the global leader in 3D digital measurement, imaging and realization solutions, today announced that after market close on Wednesday, May 1, 2024, it will release its financial results for the first quarter ended March 31, 2024. In conjunction with the release, Peter Lau, President and Chief Executive Officer, and Matthew Horwath, Chief Financial Officer, will host a conference call on Thursday, May 2, 2024 at 8:00 am. ET. Interested parties can access the conference call by dialing 888-632-3384 (U.S.) or +1

Q4 revenue of $98.8 million, at the upper end of our guidance rangeQ4 earnings per share ("EPS") of $0.08; Non-GAAP EPS of $0.36, above our guidance rangeSignificant improvement in cash flow, which results in positive Q4 and FY2023 cash flow from operationsLAKE MARY, Fla., Feb. 27, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ:FARO), a global leader in 4D digital reality solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2023. "We are pleased with our improved financial performance and remain excited about the long

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. In conjunction with the release, Peter Lau, President and Chief Executive Officer, and Matthew Horwath, Chief Financial Officer, will host a conference call on Wednesday, February 28, 2024 at 8:00 am. ET. Interested parties can access the conference c

Revenue of $88.2 million, up 10% year over year, exceeded expectationsImplemented cost reduction activities to realize targeted expense levels in third quarterSignificant improvement in cash flow results in positive second quarter Free Cash FlowLAKE MARY, Fla., Aug. 2, 2023 /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, 2023. "Second quarter revenue of $88.2 million, increased 10% year over year or 6% excluding the impact of prior year acquisiti

LAKE MARY, Fla., July 20, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ:FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, August 2, 2023, it will release its financial results for the second quarter ended June 30, 2023. In conjunction with the release, management will host a conference call on Wednesday, August 2, 2023, 2023 at 5:00 p.m. ET. Interested parties can access the conference call by dialing 800-245-3047 (U.S.) or +1 203-518-9765 (International) and using the passcode FARO. To avoid a delay in connec

LAKE MARY, Fla., May 3, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ:FARO), a global leader in 4D digital reality solutions, today announced its financial results for the first quarter ended March 31, 2023. "First quarter revenue remained strong at $85.0 million, growing 11% year-on-year, driven primarily by shipments of our new Focus Premium Laser Scanner," said Michael Burger, President and Chief Executive Officer. "After experiencing delays in customer purchase decisions late in the first quarter due to a softening macroeconomic environment, we are implementing add

LAKE MARY, Fla., April 26, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ:FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, May 3, 2023, it will release its financial results for the first quarter ended March 31, 2023. In conjunction with the release, Michael D. Burger, President and Chief Executive Officer, and Allen Muhich, Chief Financial Officer, will host a conference call on Wednesday, May 3, 2023 at 5:00 p.m. ET. Interested parties can access the conference call by dialing 800-267-6316 (U.S.) or +1 203-5

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 and full year ended December 31, 2022. "Improving fourth quarter customer demand, with strength in Laser Scanners and the European market, as well as the addition of GeoSLAM resulted in year-on-year revenue growth of 10% to $110.5 million on a constant currency basis. Due to a stronger US dollar relative to last year, sales on an actual currency basis were $103.9 million, up 4% compa

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 15, 2023, it will release its financial results for the fourth quarter and full year ended December 31, 2022. In conjunction with the release, Michael D. Burger, President and Chief Executive Officer, and Allen Muhich, Chief Financial Officer, will host a conference call on Wednesday, February 15, 2023 at 5:00 p.m. ET. Interested parties can access the conference call by dialing 800

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 ended September 30, 2022. "Customer demand across our served markets remained healthy, with revenue on a constant currency basis of $91.5 million, increasing 14% year on year and up 9% sequentially.  Due to continued strengthening of the US dollar, sales on an actual currency basis were $85.3 million, up 8% compared to the prior year period," stated Michael Burger, President and Chief

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 2, 2022, it will release its financial results for the third quarter ended September 30, 2022. In conjunction with the release, Michael D. Burger, President and Chief Executive Officer, and Allen Muhich, Chief Financial Officer, will host a conference call on Wednesday, November 2, 2022 at 5:00 p.m. ET. Interested parties can access the conference call by dialing (800) 245-3047 (U.

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 ended June 30, 2022. "Improving demand for our products, including the recently launched Focus Premium laser scanner and Quantum Max scan arm generated revenue of $79.9 million or $83.9 million on a constant currency basis, adjusting for the significant strengthening of the US dollar in the second quarter," stated Michael Burger, President and Chief Executive Officer. "We believe the

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 will release its financial results for the second quarter ended June 30, 2022. In conjunction with the release, Michael D. Burger, President and Chief Executive Officer, and Allen Muhich, Chief Financial Officer, will host a conference call on Wednesday, August 3, 2022 at 5:00 p.m. ET. Interested parties can access the conference call by dialing (800) 245-3047 (U.S.) or +1 (203) 51

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 ended March 31, 2022. "First quarter revenue came in below expectations as the Chinese government's mandated COVID lockdown in Shanghai prevented shipments from our lone Chinese logistics center at the end of March. Additionally, ongoing supply chain shortages and softer than expected demand in the AEC market further impacted our Q1 revenue," stated Michael Burger, President and Chie

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, it will release its financial results for the first quarter ended March 31, 2022. In conjunction with the release, Michael D. Burger, President and Chief Executive Officer, and Allen Muhich, Chief Financial Officer, will host a conference call on Wednesday, April 27, 2022 at 5:00 p.m. ET. Interested parties can access the conference call by dialing (866) 518-6930 (U.S.) or +1 (203) 5

LAKE MARY, Fla., Feb. 16, 2022 /PRNewswire/ -- FARO® (NASDAQ:FARO), a leading global source for 3D measurement and imaging solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics applications, today announced its financial results for the fourth quarter and full year ended December 31, 2021. "Fourth quarter revenue grew sequentially 27% to $100.2 million as a result of continued pandemic related market recovery, seasonal strength and a 43% sequential increase in arm shipments fueled by our recently released Quantum Max ScanA

LAKE MARY, Fla., Feb. 1, 2022 /PRNewswire/ -- FARO®Technologies, Inc. (NASDAQ:FARO), a global leader of 3D measurement, imaging and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced that after market close on Wednesday, February 16, 2022, it will release its financial results for the fourth quarter and full year ended December 31, 2021. In conjunction with the release, Michael D. Burger, President and Chief Executive Officer, and Allen Muhich, Chief Financial Officer, will host a conference call on Wednesday, February 16, 2022 at 5:00 p.m. ET.

LAKE MARY, Fla., Oct. 27, 2021 /PRNewswire/ -- FARO® (NASDAQ:FARO), a global leader of 3D measurement, imaging, and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced its financial results for the third quarter ended September 30, 2021. "Demand remained strong in the third quarter, while customer COVID-related logistical challenges shifted some orders into the fourth quarter," stated Michael Burger, President and Chief Executive Officer. "As we focus on the growth drivers ahead, we ar

LAKE MARY, Fla., Oct. 22, 2021 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ:FARO), a global leader of 3D measurement, imaging and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced that after market close on Wednesday, October 27, 2021, the Company will release its financial results for the third quarter ended September 30, 2021. In conjunction with the release, Michael D. Burger, President and CEO, and Allen Muhich, Chief Financial Officer, will host a conference call on Wednesday, October 27, 2021, at 5:00 p.m. ET.

LAKE MARY, Fla., July 28, 2021 /PRNewswire/ -- FARO® (NASDAQ:FARO), a global leader of 3D measurement, imaging, and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced its financial results for the second quarter ended June 30, 2021. "Second quarter demand reflected a return to seasonal growth, with broad based improvement across our served markets," stated Michael Burger, President and Chief Executive Officer. "While demand recovers, we remain focused on creating opportunities to driv

LAKE MARY, Fla., July 21, 2021 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ:FARO), a global leader of 3D measurement, imaging, and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced that after market close on Wednesday, July 28, 2021, it will release its financial results for the second quarter ended June 30, 2021. In conjunction with the release, Michael D. Burger, President and CEO, and Allen Muhich, Chief Financial Officer, will host a conference call on Thursday, July 29, 2021, at 8:00 a.m. ET.

LAKE MARY, Fla., April 28, 2021 /PRNewswire/ -- FARO® (NASDAQ:FARO), a global leader of 3D measurement, imaging, and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced its financial results for the first quarter ended March 31, 2021. "First quarter demand reflected historical seasonality combined with an ongoing but improving pandemic demand impact that we believe will continue to improve throughout 2021," stated Michael Burger, President and Chief Executive Officer. "Once demand retu

LAKE MARY, Fla., Feb. 17, 2021 /PRNewswire/ -- FARO® (Nasdaq: FARO), a leading global source for 3D measurement and imaging solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics applications, today announced its financial results for the fourth quarter and full year ended December 31, 2020. "FARO delivered strong fourth quarter results, closing out a transformational year amid uncertainty caused by the pandemic.  Our fourth quarter performance demonstrates the effectiveness of our more efficient sales organization and the profit potential of our lower cost structure.  We enter 2021 as a stronger, more efficient business with a highly sca