Faro Technologies: Q2 Earnings Snapshot

LAKE MARY, Fla. (AP) — LAKE MARY, Fla. (AP) — Faro Technologies Inc. (FARO) on Thursday reported a loss of $524,000 in its second quarter.

The Lake Mary, Florida-based company said it had a loss of 3 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 18 cents per share.

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

For the current quarter ending in September, Faro Technologies expects its results to range from a loss of 1 cent per share to earnings of 19 cents per share.

_____

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 © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up