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OFFON

FARO TECHNOLOGIES, INC.

(FARO)
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Faro Technologies: 2Q Earnings Snapshot

08/04/2020 | 11:55pm EDT

LAKE MARY, Fla. (AP) _ Faro Technologies Inc. (FARO) on Tuesday reported a loss of $8.9 million in its second quarter.

On a per-share basis, the Lake Mary, Florida-based company said it had a loss of 50 cents. Losses, adjusted for non-recurring costs, were 36 cents per share.

The computer-aided measurement and imaging devices and software company posted revenue of $60.6 million in the period.

Faro Technologies shares have increased 22% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $61.28, an increase of 25% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FARO at https://www.zacks.com/ap/FARO

© 2020 The Canadian Press. All rights reserved., source Canadian Press DataFile

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Financials (USD)
Sales 2021 345 M - -
Net income 2021 -0,26 M - -
Net cash 2021 151 M - -
P/E ratio 2021 906x
Yield 2021 -
Capitalization 1 235 M 1 235 M -
EV / Sales 2021 3,14x
EV / Sales 2022 2,65x
Nbr of Employees 1 364
Free-Float 92,2%
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Technical analysis trends FARO TECHNOLOGIES, INC.
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TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 67,96 $
Average target price 91,67 $
Spread / Average Target 34,9%
EPS Revisions
Managers and Directors
Michael D. Burger President, Chief Executive Officer & Director
Allen Louis Muhich Chief Financial Officer
John Donofrio Independent Chairman
Ann Hewitt Chief Information Officer
Jason Pollock Vice President-Global Operations
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