FARO Technologies

FARO Technologies, Inc. engages in the design, development, manufacture, marketing and support of three-dimensional (3D) measurement, imaging, and realization systems. It operates through the following segments: 3D Manufacturing, Construction BIM, and Emerging Verticals. The 3D Manufacturing segment provides solutions for manual & automated measurement and inspection in an industrial or manufacturing environment. The Construction BIM segment offers solutions for as-built data capturing and 3D visualization in building information modeling and construction information management applications. The Emerging Verticals segment includes product design, public safety forensics, and 3D solutions. The company was founded by Gregory A. Fraser and Simon Raab on February 21, 1981 and is headquartered in Lake Mary, FL.

Earnings data Q1 2024

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FARO Technologies, Inc. engages in the design, development, manufacture, marketing, and support of three-dimensional imaging and software solutions. It operates through the United States and Canada, Americas-Other, Germany, EMEA-Other, Japan, China, and Asia-Other segments. The company was founded by Gregory A. Fraser and Simon Raab on February 21, 1981 and is headquartered in Lake Mary, FL.

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.

FARO to Announce Financial Results for the Fourth Quarter and Year End 2021 on February 16, 2022

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FARO Technologies, Inc. (FARO) CEO Michael Burger on Q3 2021 Results - Earnings Call Transcript

Faro Technologies (NASDAQ:FARO) reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

Faro Technologies: Q3 Earnings Insights

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.

FARO Announces Third Quarter 2021 Financial Results

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.

FARO to Announce Financial Results for the Third Quarter 2021

LAKE MARY, Fla., Sept. 29, 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 a partnership with George Mason University in Virginia to create the world's first FARO-certified Forensic Science Research and Training Laboratory.

World's First FARO-Certified Forensic Science Lab Opens at George Mason University to Advance Hands-on Student Training and Research

FARO is a 3D Imaging and Measurement equipment & service company with architecture firms, engineering, construction, and public safety agencies as primary customers. FARO leads in a burgeoning field. Shares sell for a fair value of this profitable company with expanding revenue and earnings.

FARO Technologies Casts A Good Image

FARO Technologies, Inc. (FARO) CEO Michael Burger on Q2 2021 Results - Earnings Call Transcript

Faro Technologies (FARO) delivered earnings and revenue surprises of -36.84% and -1.16%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Faro Technologies (FARO) Q2 Earnings and Revenues Lag Estimates

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.

FARO Announces Second Quarter 2021 Financial Results

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 the appointment of Moonhie Chin and Alex Davern to its Board of Directors.

FARO Announces Two New Appointments to Board of Directors

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.

FARO to Announce Financial Results for the Second Quarter 2021

LAKE MARY, Fla., July 16, 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 the signing of an agreement to outsource its manufacturing to Sanmina Corporation, a US-based Fortune-500 Electronic Manufacturing Service (EMS) provider.

FARO Announces Consolidation and Outsourcing of Manufacturing

LAKE MARY, Fla., July 7, 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 the release of its all-new Quantum Max ScanArm, the most advanced portable measurement tool that features three purpose-built hot-swappable Laser Line Probes (LLPs).

FARO® Launches All-New Quantum Max FaroArm with Multiple Laser Line Probes

LAKE MARY, Fla., June 7, 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 the acquisition of HoloBuilder, Inc. HoloBuilder brings to FARO its leading photogrammetry-based 3D platform, which delivers hardware agnostic image capture, registration and viewing to the fast-growing Digital Twin market.

FARO Expands Digital Twin Product Suite - Acquires HoloBuilder, Inc.

LAKE MARY, Fla., May 4, 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 that management will participate in the following upcoming virtual investor conferences.

FARO to Participate in Upcoming Investor Conferences

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FARO Technologies, Inc. (FARO) CEO Michael Burger on Q1 2021 Results - Earnings Call Transcript

Faro Technologies (FARO) delivered earnings and revenue surprises of -142.86% and -2.01%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Faro Technologies (FARO) Reports Q1 Loss, Misses Revenue Estimates

Shares of Faro Technologies (NASDAQ:FARO) moved higher in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 50.00% over the past year to ($0.03), which missed the estimate of $0.05.

Faro Technologies: Q1 Earnings Insights

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.

FARO Announces First Quarter 2021 Financial Results

LAKE MARY, Fla., April 19, 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 that after market close on Wednesday, April 28, 2021, it will release its financial results for the first quarter ended March 31, 2021.

FARO to Announce Financial Results for the First Quarter 2021

LAKE MARY, Fla., March 17, 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 announces changes to its Board of directors.

FARO Announces Changes to its Board of Directors

FARO Technologies reported Q4 '20 financials beating estimates. Shares popped from $71 on Jan 28 '21, to a 52-week high at $93.88 per share. There is room on the upside. Investors took notice because the company is in the expanding 3D measurement and imaging business and has a new CEO with new priorities.

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