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OFFON

FARO TECHNOLOGIES, INC.

(FARO)
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Faro Technologies: Q2 Earnings Snapshot

07/28/2021 | 06:33pm EDT

LAKE MARY, Fla. (AP) _ Faro Technologies Inc. (FARO) on Wednesday reported a loss of $1.2 million in its second quarter.

The Lake Mary, Florida-based company said it had a loss of 6 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 12 cents per share.

The computer-aided measurement and imaging devices and software company posted revenue of $82.1 million in the period.

Faro Technologies shares have climbed roughly 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $74.01, a rise of 32% 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

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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Analyst Recommendations on FARO TECHNOLOGIES, INC.
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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 597x
Yield 2021 -
Capitalization 1 267 M 1 267 M -
EV / Sales 2021 3,23x
EV / Sales 2022 2,73x
Nbr of Employees 1 364
Free-Float 92,2%
Chart FARO TECHNOLOGIES, INC.
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Technical analysis trends FARO TECHNOLOGIES, INC.
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 69,69 $
Average target price 88,00 $
Spread / Average Target 26,3%
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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