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

FARO Technologies

27/04/2022 23:38

* FARO Technologies Inc  FARO.OQ  reported a quarterly
adjusted
loss of 14 cents​​ per share for the quarter ended in March. The
mean expectation of three analysts for the quarter was
for earnings of 3 cents per share.
    * Revenue rose 0.4% to $76.66 million from a year ago; 
analysts
expected $84.22 million. 
    * FARO Technologies Inc's reported EPS for the quarter was a
loss
of 53 cents​.
    * The mean earnings estimate of analysts had fallen by
about 82.5%
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 14.2% this
quarter and lost 36.4% so far this year.
    * The company reported a quarterly loss of $9.69 million.
    * Wall Street's median 12-month price target for FARO
Technologies
Inc is $73.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 27 at 10:38 p.m.  ​All
figures in US dollars unless otherwise stated