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

FARO Technologies

28/07/2021 23:35

* FARO Technologies Inc  FARO.OQ  reported quarterly adjusted
earnings of 12 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 10 cents per share.
* Revenue rose 34.2% to $82.11 million from a year ago; 
analysts expected $82.18 million. 
* FARO Technologies Inc's reported EPS for the quarter was a
loss of 6 cents​.
* The mean earnings estimate of analysts had fallen by
about 50.8% 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 6.9% this
quarter and gained 2.6% so far this year.
* The company reported a quarterly loss of $1.18 million.
* Wall Street's median 12-month price target for FARO
Technologies Inc is $98.00 
* 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 July 28 at 10:35 p.m.  ​All
figures in US dollars unless otherwise stated