LAKE MARY, Fla. (AP) _ Faro Technologies Inc. (FARO) on Wednesday reported a loss of $3 million in its third quarter.
The Lake Mary, Florida-based company said it had a loss of 17 cents per share. Losses, adjusted for non-recurring costs, were 8 cents per share.
The computer-aided measurement and imaging devices and software company posted revenue of $70.7 million in the period.
Faro Technologies shares have increased 22% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $61.34, an increase of 30% in the last 12 months.
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