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

FARO Technologies

27/10/2021 22:46

* FARO Technologies Inc  FARO.OQ  reported a quarterly adjusted
loss of 1 cents​​ per share for the quarter ended in September.
The mean expectation of three analysts for the quarter was
for earnings of 6 cents per share.
* Revenue rose 11.9% to $79.17 million from a year ago; 
analysts expected $82.94 million. 
* FARO Technologies Inc's reported EPS for the quarter was a
loss of 21 cents​.
* The mean earnings estimate of analysts had fallen by
about 51.4% 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 risen by 6.7% this
quarter and lost 0.6% so far this year.
* The company reported a quarterly loss of $3.86 million.
* Wall Street's median 12-month price target for FARO
Technologies Inc is $87.50 
* 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 October 27 at 09:45 p.m.
 ​All figures in US dollars unless otherwise stated