Faro Technologies Inc Reports Results For The Quarter Ended In December: Earnings Summary

FARO Technologies

15/02/2023 22:40

* FARO Technologies Inc  FARO.OQ  reported quarterly
adjusted
earnings of 38 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 34 cents per share.
    * Revenue rose 3.6% to $103.86 million from a year ago;
analysts
expected $103.51 million. 
    * FARO Technologies Inc's reported EPS for the quarter was a
loss
of 12 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * FARO Technologies Inc shares had fallen by 3.1% this
quarter.
    * The company reported a quarterly loss of $2.24 million.
    * Wall Street's median 12-month price target for FARO
Technologies
Inc is $35.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
15 at 10:40 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.34           0.38           Beat
 Sep. 30 2022      -0.03          0.03           Beat
 Jun. 30 2022      -0.08          -0.03          Beat
 Mar. 31 2022      0.03           -0.14          Missed