FARO Stock - FARO Technologies, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $342.43M | $358.83M | $345.76M | $337.81M | $303.77M |
| Gross Profit | $187.15M | $165.00M | $175.76M | $183.93M | $159.85M |
| Gross Margin | 54.7% | 46.0% | 50.8% | 54.4% | 52.6% |
| Operating Income | $3.33M | $-49,536,000 | $-20,309,000 | $-1,138,000 | $-14,876,000 |
| Net Income | $-9,066,000 | $-56,577,000 | $-26,756,000 | $-39,964,000 | $629,000 |
| Net Margin | -2.6% | -15.8% | -7.7% | -11.8% | 0.2% |
| EPS | $-0.47 | $-2.99 | $-1.46 | $-2.20 | $0.04 |
FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to quickly and accurate position components; and FARO Laser Scanning Portfolio to measure and collect a cloud of data points. It also provides FARO ScanPlan, a handheld mapper that captures two-dimensional floor plans; and FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications. The company offers its products for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| August 3rd 2023 | Craig Hallum | Upgrade | Buy | $26 |
| April 28th 2022 | Craig Hallum | Downgrade | Hold | $40← $74 |
Earnings History & Surprises
FAROEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q3 2025 | Aug 14, 2025 | $-0.10 | $-0.03 | +70.0% | ✓ BEAT |
Q2 2025 | Apr 24, 2025 | $0.16 | $0.33 | +106.3% | ✓ BEAT |
Q1 2025 | Feb 24, 2025 | $0.40 | $0.50 | +25.0% | ✓ BEAT |
Q4 2024 | Nov 6, 2024 | $0.03 | $0.21 | +577.4% | ✓ BEAT |
Q3 2024 | Aug 8, 2024 | $0.01 | $0.18 | +1700.0% | ✓ BEAT |
Q2 2024 | May 1, 2024 | $-0.12 | $0.09 | +175.0% | ✓ BEAT |
Q1 2024 | Feb 27, 2024 | $0.21 | $0.36 | +71.4% | ✓ BEAT |
Q4 2023 | Nov 1, 2023 | $-0.24 | $0.02 | +108.3% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $-0.40 | $-0.14 | +65.0% | ✓ BEAT |
Q2 2023 | May 3, 2023 | $-0.13 | $-0.38 | -192.3% | ✗ MISS |
Q1 2023 | Feb 15, 2023 | $0.34 | $0.38 | +11.8% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $0.01 | $0.03 | +190.1% | ✓ BEAT |
Q3 2022 | Aug 3, 2022 | $-0.08 | $-0.03 | +62.5% | ✓ BEAT |
Q2 2022 | Apr 27, 2022 | $-0.02 | $-0.14 | -520.0% | ✗ MISS |
Q1 2022 | Feb 16, 2022 | $0.49 | $0.48 | -2.0% | ✗ MISS |
Q4 2021 | Oct 27, 2021 | $0.06 | $-0.01 | -116.7% | ✗ MISS |
Q3 2021 | Jul 28, 2021 | $0.19 | $0.12 | -36.8% | ✗ MISS |
Q2 2021 | Apr 28, 2021 | $0.07 | $-0.03 | -142.9% | ✗ MISS |
Q1 2021 | Feb 17, 2021 | $0.15 | $0.35 | +133.3% | ✓ BEAT |
Q4 2020 | Oct 28, 2020 | $-0.20 | $-0.08 | +60.0% | ✓ BEAT |
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