Faro Technologies: Q3 Earnings Snapshot

LAKE MARY, Fla. (AP) — LAKE MARY, Fla. (AP) — Faro Technologies Inc. (FARO) on Wednesday reported a loss of $289,000 in its third quarter.

The Lake Mary, Florida-based company said it had a loss of 2 cents per share. Earnings, adjusted for one-time gains and costs, were 21 cents per share.

The computer-aided measurement and imaging devices and software company posted revenue of $82.6 million in the period.

For the current quarter ending in December, Faro Technologies expects its per-share earnings to range from 32 cents to 52 cents.

The company said it expects revenue in the range of $88 million to $96 million for the fiscal fourth quarter.

_____

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 This material may not be published, broadcast, written or redistributed.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