or the second quarter ending June 30, 2024, FARO currently expects:
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/3/2023 | $26.00 | Hold → Buy | Craig Hallum |
| 4/28/2022 | $74.00 → $40.00 | Buy → Hold | Craig Hallum |
| 2/17/2022 | $77.00 → $72.00 | Buy | Needham |
| 10/7/2021 | $77.00 | Hold → Buy | Needham |
Craig Hallum upgraded FARO Techs from Hold to Buy and set a new price target of $26.00
Craig Hallum downgraded FARO Techs from Buy to Hold and set a new price target of $40.00 from $74.00 previously
Needham reiterated coverage of Faro Technologies with a rating of Buy and set a new price target of $72.00 from $77.00 previously
10-Q - FARO TECHNOLOGIES INC (0000917491) (Filer)
8-K - FARO TECHNOLOGIES INC (0000917491) (Filer)
8-K - FARO TECHNOLOGIES INC (0000917491) (Filer)
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
4 - FARO TECHNOLOGIES INC (0000917491) (Issuer)
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
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. "Phillip brings a wealth of expertise in sales leadership to FARO, with a proven track record of driving revenue growth, profit growth, and customer satisfaction across multiple product sectors over nearly two decades at Ingersoll Rand," said Peter Lau, President & Chief Executive Officer. "We look forward to welcoming
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. "Phillip brings a wealth of expertise in sales leadership to FARO, with a proven track record of driving revenue growth, profit growth, and customer satisfaction across multiple product sectors over nearly two decades at Ingersoll Rand," said Peter Lau, President & Chief Executive Officer. "We look forward to welcoming
CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. ("CMG" or the "Company") (TSX:CMG) is pleased to announce that Alex Davern has been appointed to the Board of Directors effective May 23, 2024. Mr. Davern joins the Board as an independent non-executive director and will stand for nomination at the next annual meeting of shareholders. Mr. Davern is formerly the Chairman of the Board of Directors of ESI Group and spent more than 25 years in senior executive leadership roles at National Instruments, including serving as the Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer. He currently holds director positions with both Faro
LAKE MARY, Fla., Jan. 16, 2024 /PRNewswire/ -- FARO® (NASDAQ:FARO), a global leader in 4D digital reality solutions, today announced that Matthew Horwath has been promoted to SVP & Chief Financial Officer from his current position as Vice President of Finance at FARO, effective immediately. Matthew succeeds Allen Muhich, the Company's current Chief Financial Officer, who will provide transition services to the Company through April 1, 2024. "After an extensive search of external and internal candidates, it is clear that Matthew's in-depth understanding of FARO, unique and expe
SC 13G - FARO TECHNOLOGIES INC (0000917491) (Subject)
SC 13G - FARO TECHNOLOGIES INC (0000917491) (Subject)
SC 13G/A - FARO TECHNOLOGIES INC (0000917491) (Subject)
Needham analyst James Ricchiuti reiterates Faro Technologies (NASDAQ:FARO) with a Buy and maintains $27 price target.
or the second quarter ending June 30, 2024, FARO currently expects: Gross margin in the range of 50.5% to 52.0%. Non-GAAP gross margin in the range of 51.0% to 52.5% Net loss per share in the range of ($0.43) to ($0.23)
Faro Technologies (NASDAQ:FARO) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $(0.12) by 175 percent. This is a 123.68 percent increase over losses of $(0.38) per share from the same period last year. The company reported quarterly sales of $84.244 million which beat the analyst consensus estimate of $81.070 million by 3.92 percent. This is a 0.85 percent decrease over sales of $84.967 million the same period last year.
4 - FARO TECHNOLOGIES INC (0000917491) (Issuer)
4 - FARO TECHNOLOGIES INC (0000917491) (Issuer)
4 - FARO TECHNOLOGIES INC (0000917491) (Issuer)