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Technology - Hardware, Equipment & Parts - NASDAQ - US
$ 25.06
-2.41 %
$ 474 M
Market Cap
-75.94
P/E
1. INTRINSIC VALUE

FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to quickly and accurate position components; and FARO Laser Scanning Portfolio to measure and collect a cloud of data points. It also provides FARO ScanPlan, a handheld mapper that captures two-dimensional floor plans; and FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications.[ Read More ]

The intrinsic value of one FARO stock under the base case scenario is HIDDEN Compared to the current market price of 25.1 USD, FARO Technologies, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FARO

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FINANCIALS
359 M REVENUE
3.78%
-49.5 M OPERATING INCOME
-143.91%
-56.6 M NET INCOME
-111.46%
1.08 M OPERATING CASH FLOW
104.32%
-33.5 M INVESTING CASH FLOW
32.88%
71.3 M FINANCING CASH FLOW
7248.95%
82.6 M REVENUE
0.58%
2.16 M OPERATING INCOME
-8.54%
-289 K NET INCOME
44.85%
2.57 M OPERATING CASH FLOW
-39.03%
-3.3 M INVESTING CASH FLOW
-18.66%
-10 M FINANCING CASH FLOW
-264.56%
Balance Sheet Decomposition FARO Technologies, Inc.
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Current Assets 262 M
Cash & Short-Term Investments 96.3 M
Receivables 92 M
Other Current Assets 73.3 M
Non-Current Assets 243 M
Long-Term Investments 0
PP&E 33.4 M
Other Non-Current Assets 210 M
Current Liabilities 113 M
Accounts Payable 27.4 M
Short-Term Debt 10.9 M
Other Current Liabilities 75 M
Non-Current Liabilities 123 M
Long-Term Debt 83.6 M
Other Non-Current Liabilities 39.2 M
EFFICIENCY
Earnings Waterfall FARO Technologies, Inc.
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Revenue 359 M
Cost Of Revenue 194 M
Gross Profit 165 M
Operating Expenses 199 M
Operating Income -49.5 M
Other Expenses 7.04 M
Net Income -56.6 M
RATIOS
45.98% GROSS MARGIN
45.98%
-13.80% OPERATING MARGIN
-13.80%
-15.77% NET MARGIN
-15.77%
-21.06% ROE
-21.06%
-11.21% ROA
-11.21%
-14.95% ROIC
-14.95%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis FARO Technologies, Inc.
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Net Income -56.6 M
Depreciation & Amortization 15.5 M
Capital Expenditures -14 M
Stock-Based Compensation 17.8 M
Change in Working Capital 5.31 M
Others 19.3 M
Free Cash Flow -12.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets FARO Technologies, Inc.
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Wall Street analysts predict an average 1-year price target for FARO of $25.7 , with forecasts ranging from a low of $24 to a high of $27 .
FARO Lowest Price Target Wall Street Target
24 USD -4.23%
FARO Average Price Target Wall Street Target
25.7 USD 2.42%
FARO Highest Price Target Wall Street Target
27 USD 7.74%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership FARO Technologies, Inc.
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Sold
0-3 MONTHS
311 K USD 2
3-6 MONTHS
1.08 M USD 4
6-9 MONTHS
45.7 K USD 2
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 05, 2024
Sell 110 K USD
WASSERMAN YUVAL
Director
- 6222
17.75 USD
1 week ago
Nov 06, 2024
Sell 110 K USD
WASSERMAN YUVAL
Director
- 5750
19.21 USD
2 months ago
Sep 06, 2024
Sell 90.6 K USD
LAU PETER JAMES
President and CEO
- 5435
16.67 USD
3 months ago
Jul 30, 2024
Sell 208 K USD
WASSERMAN YUVAL
Director
- 12334
16.9 USD
3 months ago
Jul 26, 2024
Sell 183 K USD
LAU PETER JAMES
President and CEO
- 10647
17.19 USD
5 months ago
Jun 17, 2024
Sell 168 K USD
WASSERMAN YUVAL
Director
- 10149
16.52 USD
5 months ago
Jun 14, 2024
Sell 168 K USD
WASSERMAN YUVAL
Director
- 10075
16.64 USD
5 months ago
Jun 12, 2024
Sell 3.26 K USD
Horwath Matthew
SVP & Chief Financial Officer
- 175
18.65 USD
5 months ago
Jun 12, 2024
Sell 12.1 K USD
SEXTON JEFFREY D
Senior VP of Global Sales
- 651
18.65 USD
5 months ago
Jun 12, 2024
Sell 168 K USD
WASSERMAN YUVAL
Executive Chairman
- 8986
18.65 USD
5 months ago
Jun 13, 2024
Sell 168 K USD
WASSERMAN YUVAL
Executive Chairman
- 9539
17.57 USD
8 months ago
Mar 13, 2024
Sell 13.6 K USD
Horwath Matthew
SVP & Chief Financial Officer
- 679
20.06 USD
8 months ago
Mar 13, 2024
Sell 1.99 K USD
Horwath Matthew
SVP & Chief Financial Officer
- 99
20.06 USD
8 months ago
Mar 13, 2024
Sell 2.77 K USD
SEXTON JEFFREY D
Senior VP of Global Sales
- 138
20.06 USD
8 months ago
Mar 13, 2024
Sell 27.3 K USD
SEXTON JEFFREY D
Senior VP of Global Sales
- 1362
20.06 USD
1 year ago
Nov 09, 2023
Bought 273 K USD
DAVERN ALEXANDER M
Director
+ 15881
17.168 USD
1 year ago
Nov 08, 2023
Bought 69.8 K USD
DAVERN ALEXANDER M
Director
+ 4119
16.951 USD
1 year ago
Nov 07, 2023
Bought 172 K USD
DAVERN ALEXANDER M
Director
+ 10000
17.236 USD
1 year ago
May 24, 2023
Bought 167 K USD
DAVERN ALEXANDER M
Director
+ 12000
13.907 USD
1 year ago
May 19, 2023
Bought 94.8 K USD
DAVERN ALEXANDER M
Director
+ 8000
11.844 USD
1 year ago
May 18, 2023
Bought 95.4 K USD
DAVERN ALEXANDER M
Director
+ 8000
11.9312 USD
1 year ago
May 17, 2023
Bought 92.8 K USD
DAVERN ALEXANDER M
Director
+ 8000
11.6022 USD
1 year ago
May 16, 2023
Bought 112 K USD
VAN ROTTERDAM JEROEN
Director
+ 10000
11.19 USD
1 year ago
May 15, 2023
Bought 136 K USD
COLE STEPHEN
Director
+ 12000
11.3399 USD
1 year ago
May 15, 2023
Bought 49.5 K USD
WASSERMAN YUVAL
Executive Chairman
+ 4350
11.3885 USD
1 year ago
May 12, 2023
Bought 49.7 K USD
WASSERMAN YUVAL
Executive Chairman
+ 4350
11.4201 USD
1 year ago
May 12, 2023
Bought 100 K USD
Donofrio John
Director
+ 8555
11.7085 USD
1 year ago
May 16, 2023
Bought 84.1 K USD
DAVERN ALEXANDER M
Director
+ 8000
10.5069 USD
1 year ago
May 15, 2023
Bought 90.9 K USD
DAVERN ALEXANDER M
Director
+ 8000
11.3568 USD
1 year ago
May 12, 2023
Bought 93.7 K USD
DAVERN ALEXANDER M
Director
+ 8000
11.7088 USD
3 years ago
Sep 03, 2021
Sell 40.6 K USD
Beadle Kevin
Senior Vice President of Sales
- 587
69.09 USD
3 years ago
Dec 16, 2020
Sell 55 K USD
Beadle Kevin
Senior Vice President of Sales
- 762
72.13 USD
4 years ago
Sep 01, 2020
Sell 91 K USD
Tyrrell Katrona
Chief People Officer
- 1565
58.12 USD
4 years ago
Aug 24, 2020
Sell 606 K USD
Tohme Yazid
Chief R&D Officer
- 10525
57.5795 USD
5 years ago
Jul 29, 2019
Sell 151 K USD
Donofrio John
Director
- 2873
52.43 USD
6 years ago
Sep 28, 2018
Sell 45.6 K USD
RAAB SIMON
President and CEO
- 700
65.1393 USD
6 years ago
Sep 26, 2018
Sell 13 K USD
RAAB SIMON
President and CEO
- 200
65.05 USD
6 years ago
Sep 25, 2018
Sell 64.2 K USD
RAAB SIMON
President and CEO
- 980
65.5447 USD
6 years ago
Sep 21, 2018
Sell 177 K USD
RAAB SIMON
President and CEO
- 2711
65.2731 USD
6 years ago
Sep 24, 2018
Sell 6.5 K USD
RAAB SIMON
President and CEO
- 100
65 USD
6 years ago
Aug 31, 2018
Sell 1.23 M USD
Hall Kathleen
Chief Operating Officer
- 18064
68.0377 USD
6 years ago
Aug 29, 2018
Sell 634 K USD
RAAB SIMON
President and CEO
- 9331
67.9668 USD
6 years ago
Aug 30, 2018
Sell 385 K USD
RAAB SIMON
President and CEO
- 5669
68 USD
6 years ago
Aug 15, 2018
Sell 389 K USD
RAAB SIMON
President and CEO
- 5856
66.3558 USD
6 years ago
Aug 16, 2018
Sell 364 K USD
RAAB SIMON
President and CEO
- 5500
66.1238 USD
6 years ago
Aug 17, 2018
Sell 240 K USD
RAAB SIMON
President and CEO
- 3644
65.9243 USD
6 years ago
Aug 15, 2018
Sell 25.4 K USD
Hall Kathleen
Chief Operating Officer
- 383
66.4 USD
6 years ago
Aug 13, 2018
Sell 400 K USD
Hall Kathleen
Chief Operating Officer
- 5921
67.5356 USD
6 years ago
Aug 14, 2018
Sell 1.35 M USD
Hall Kathleen
Chief Operating Officer
- 19948
67.5051 USD
6 years ago
Aug 01, 2018
Sell 899 K USD
Gale Jody Storm
SVP/General Counsel/Secretary
- 13818
65.0536 USD
6 years ago
Jul 31, 2018
Sell 555 K USD
Gale Jody Storm
SVP/General Counsel/Secretary
- 8500
65.2748 USD
6 years ago
Jul 31, 2018
Sell 211 K USD
Tyrrell Katrona
Chief People Officer
- 3247
65.072 USD
6 years ago
Jul 30, 2018
Sell 136 K USD
Donofrio John
Director
- 2000
67.9201 USD
6 years ago
Jul 31, 2018
Sell 138 K USD
Donofrio John
Director
- 2061
66.7556 USD
6 years ago
Jul 30, 2018
Sell 694 K USD
COLE STEPHEN
Director
- 10000
69.4155 USD
6 years ago
Jun 14, 2018
Sell 94.3 K USD
Donofrio John
Director
- 1718
54.913 USD
6 years ago
Mar 16, 2018
Sell 131 K USD
RAAB SIMON
President and CEO
- 2200
59.707 USD
6 years ago
Mar 15, 2018
Sell 570 K USD
RAAB SIMON
President and CEO
- 9500
59.987 USD
6 years ago
Mar 09, 2018
Sell 131 K USD
Brubaker Lynn
Director
- 2180
60 USD
6 years ago
Mar 09, 2018
Sell 580 K USD
Gale Jody Storm
SVP/General Counsel/Secretary
- 9716
59.7281 USD
6 years ago
Mar 08, 2018
Sell 57.2 K USD
Gale Jody Storm
SVP/General Counsel/Secretary
- 950
60.2368 USD
8 years ago
May 06, 2016
Bought 169 K USD
COLE STEPHEN
Director
+ 5000
33.8 USD
9 years ago
Nov 06, 2015
Bought 54.9 K USD
SAMBUR MARVIN R
Director
+ 2200
24.96 USD
9 years ago
May 04, 2015
Bought 81 K USD
COLE STEPHEN
Director
+ 2000
40.5 USD
9 years ago
Feb 26, 2015
Sell 2.41 M USD
FREELAND JAY
President & CEO
- 40000
60.3313 USD
10 years ago
May 29, 2014
Bought 42.4 K USD
Gale Jody Storm
SVP/General Counsel/Secretary
+ 1000
42.36 USD
10 years ago
May 28, 2014
Bought 20.1 K USD
Abram Peter
SVP & CFO
+ 475
42.2232 USD
10 years ago
May 28, 2014
Bought 20.1 K USD
Abram Peter
SVP & CFO
+ 475
42.3768 USD
10 years ago
Mar 11, 2014
Sell 87.2 K USD
Bair Keith S
Chief Financial Officer
- 1592
54.8 USD
10 years ago
Mar 03, 2014
Sell 205 K USD
Bair Keith S
Chief Financial Officer
- 3622
56.66 USD
10 years ago
Mar 03, 2014
Sell 73.9 K USD
Bair Keith S
Chief Financial Officer
- 1300
56.86 USD
10 years ago
Mar 03, 2014
Sell 119 K USD
Arezone Joseph
SVP, Asia Pacific Region
- 2086
57.07 USD
10 years ago
Mar 04, 2014
Sell 26.8 K USD
Arezone Joseph
SVP, Asia Pacific Region
- 471
57 USD
10 years ago
Jan 02, 2014
Sell 407 K USD
Brubaker Lynn
Director
- 7130
57.11 USD
10 years ago
Jan 02, 2014
Sell 47.6 K USD
Brubaker Lynn
Director
- 819
58.1 USD
10 years ago
Nov 27, 2013
Sell 39.7 K USD
Arezone Joseph
SVP, Asia Pacific Region
- 732
54.19 USD
11 years ago
Nov 05, 2013
Sell 624 K USD
CALDWELL JOHN E
Director
- 12000
52 USD
11 years ago
Nov 05, 2013
Sell 432 K USD
Bair Keith S
Chief Financial Officer
- 8346
51.8068 USD
11 years ago
Nov 05, 2013
Sell 208 K USD
Bair Keith S
Chief Financial Officer
- 4000
51.9217 USD
11 years ago
Nov 05, 2013
Sell 130 K USD
Bair Keith S
Chief Financial Officer
- 2500
52.0896 USD
11 years ago
May 03, 2013
Bought 137 K USD
Bair Keith S
Chief Financial Officer
+ 4000
34.29 USD
11 years ago
Mar 14, 2013
Sell 77.5 K USD
Arezone Joseph
SVP, ASIA PACIFIC REGION
- 1766
43.87 USD
11 years ago
Mar 06, 2013
Sell 761 K USD
FREELAND JAY
President & CEO
- 16877
45.1 USD
11 years ago
Mar 07, 2013
Sell 1.38 M USD
FREELAND JAY
President & CEO
- 30543
45.13 USD
11 years ago
Mar 01, 2013
Sell 116 K USD
FREELAND JAY
President & CEO
- 2580
45.06 USD
12 years ago
Apr 27, 2012
Sell 144 K USD
Brubaker Lynn
Director
- 2578
56 USD
12 years ago
Mar 14, 2012
Sell 394 K USD
Morse David
SVP. AMERICAS REGION
- 7168
55 USD
12 years ago
Mar 08, 2012
Sell 55.1 K USD
Morse David
SVP. AMERICAS REGION
- 1039
53 USD
12 years ago
Mar 12, 2012
Sell 129 K USD
Arezone Joseph
SVP, ASIA PACIFIC REGION
- 2405
53.5 USD
12 years ago
Mar 13, 2012
Sell 133 K USD
Arezone Joseph
SVP, ASIA PACIFIC REGION
- 2488
53.64 USD
12 years ago
Mar 09, 2012
Sell 1.31 M USD
RAAB SIMON
Director
- 24732
52.97 USD
12 years ago
Mar 07, 2012
Sell 4.63 M USD
RAAB SIMON
Director
- 87366
53.04 USD
12 years ago
Mar 07, 2012
Sell 2.24 M USD
RAAB SIMON
Director
- 42955
52.16 USD
12 years ago
Mar 08, 2012
Sell 1.7 M USD
RAAB SIMON
Director
- 31945
53.09 USD
12 years ago
Mar 07, 2012
Sell 130 K USD
Bair Keith S
Chief Financial Officer
- 2500
52.19 USD
12 years ago
Mar 06, 2012
Sell 1.18 M USD
RAAB SIMON
Director
- 22582
52.26 USD
12 years ago
Mar 06, 2012
Sell 553 K USD
RAAB SIMON
Director
- 10420
53.11 USD
12 years ago
Mar 02, 2012
Sell 250 K USD
SAMBUR MARVIN R
Director
- 5000
50.05 USD
12 years ago
Mar 06, 2012
Sell 333 K USD
Bair Keith S
Chief Financial Officer
- 6267
53.15 USD
12 years ago
Mar 02, 2012
Sell 193 K USD
Bair Keith S
Chief Financial Officer
- 3500
55.23 USD
12 years ago
Mar 02, 2012
Sell 110 K USD
Bair Keith S
Chief Financial Officer
- 1951
56.19 USD
12 years ago
Mar 02, 2012
Sell 42.9 K USD
Bair Keith S
Chief Financial Officer
- 749
57.28 USD
12 years ago
Mar 06, 2012
Sell 171 K USD
Bair Keith S
Chief Financial Officer
- 3161
54.12 USD
12 years ago
Mar 02, 2012
Sell 611 K USD
COLE STEPHEN
Director
- 11000
55.58 USD
12 years ago
Mar 02, 2012
Sell 225 K USD
COLE STEPHEN
Director
- 4000
56.25 USD
12 years ago
Jan 11, 2012
Sell 1.16 M USD
FREELAND JAY
President & CEO
- 22962
50.7 USD
12 years ago
Jan 11, 2012
Sell 775 K USD
FREELAND JAY
President & CEO
- 15092
51.35 USD
12 years ago
Jan 11, 2012
Sell 101 K USD
FREELAND JAY
President & CEO
- 1946
52.04 USD
12 years ago
Dec 01, 2011
Sell 332 K USD
Buss Siggi
SVP, EUROPE REGION
- 6900
48.06 USD
13 years ago
Nov 16, 2011
Sell 658 K USD
Buss Siggi
SVP, EUROPE REGION
- 13800
47.71 USD
13 years ago
Nov 15, 2011
Sell 258 K USD
Morse David
SVP. AMERICAS REGION
- 5467
47.2 USD
7. News
FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript seekingalpha.com - 1 week ago
FARO Announces Third Quarter Financial Results Revenue of $82.6 million, at the upper end of guidance range Gross margin of 55.7%; Non-GAAP gross margin 56.1%, above guidance range Loss per share of $(0.02); Non-GAAP earnings per share ("EPS") of $0.21, above guidance range Cash flow from operations of $2.6 million Share repurchases of $10 million during the quarter LAKE MARY, Fla. , Nov. 6, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the third quarter ended September 30, 2024. prnewswire.com - 1 week ago
FARO to Announce Financial Results for the Third Quarter 2024 on November 6, 2024 LAKE MARY, Fla. , Oct. 23, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, November 6, 2024, it will release its financial results for the third quarter ended September 30, 2024. prnewswire.com - 3 weeks ago
FARO Technologies Appoints Phillip Delnick as Senior Vice President, Global Sales LAKE MARY, Fla. , Oct. 18, 2024 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the appointment of Phillip Delnick to lead FARO's global sales organization as its SVP, Global Sales, effective October 21, 2024. prnewswire.com - 1 month ago
FARO Introduces New Range Capabilities in Focus Laser Scanner Update New FARO Focus Premium Max leads refreshed lineup LAKE MARY, Fla. , Oct. 15, 2024 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO) has launched the next generation in the FARO Focus 3D Laser Scanner portfolio. prnewswire.com - 1 month ago
FARO Releases New Edition to its Portable CMM Series - FARO Quantum X New arm series increases accuracy and boosts user confidence LAKE MARY, Fla. , Oct. 8, 2024 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO) has announced the release of the Quantum X FaroArm Series of portable coordinate measurement machines. prnewswire.com - 1 month ago
FARO Technologies, Inc. (FARO) Q2 2024 Earnings Call Transcript FARO Technologies, Inc. (NASDAQ:FARO ) Q2 2024 Results Conference Call August 8, 2024 4:30 PM ET Company Participants Michael Funari - Investor Relations Greg Palm - Craig-Hallum Capital Group Peter Lau - President and Chief Executive Officer Matt Horwath - Chief Financial Officer Conference Call Participants Jonathan Bass - Stephens Jim Ricchiuti - Needham Capital Operator Good day, everyone, and welcome to the FARO Technologies Second Quarter 2024 Earnings Call. For opening remarks and introductions, I would now like to turn the call over to Michael Funari at Sapphire Investor Relations. seekingalpha.com - 3 months ago
FARO Announces Second Quarter Financial Results Revenue of $82.1 million Gross margin of 54.6%; Non-GAAP gross margin 55.0%, above guidance range Loss per share of $(0.03); Non-GAAP earnings per share ("EPS") of $0.18, above guidance range Cash flow from operations of $4.2 million LAKE MARY, Fla. , Aug. 8, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the second quarter ended June 30, 2024. prnewswire.com - 3 months ago
FARO to Announce Financial Results for the Second Quarter 2024 on August 8, 2024 LAKE MARY, Fla. , July 26, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Thursday, August 8, 2024, it will release its financial results for the second quarter ended June 30, 2024. prnewswire.com - 3 months ago
You've Been Warned! 3 3D Printing Stocks to Buy Now or Regret Forever. You've come to the right place if you're looking for secular growth stocks. This article explores 3D printing stocks, poised to benefit from an annualized industry growth rate of 23.5% until 2030. investorplace.com - 4 months ago
CMG Announces Appointment of Alex Davern to the Board of Directors CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce that Alex Davern has been appointed to the Board of Directors effective May 23, 2024. Mr. Davern joins the Board as an independent non-executive director and will stand for nomination at the next annual meeting of shareholders. globenewswire.com - 5 months ago
FARO Technologies, Inc. (FARO) Q1 2024 Earnings Call Transcript FARO Technologies, Inc. (NASDAQ:FARO ) Q1 2024 Earnings Conference Call May 2, 2024 8:00 AM ET Company Participants Mike Funari - Sapphire, IR Peter Lau - President and CEO Matt Horwath - CFO Conference Call Participants James Ricchiuti - Needham Greg Palm - Craig-Hallum Operator Good day, everyone, and welcome to the FARO Technologies First Quarter 2024 Earnings Call. For opening remarks and introductions, I will now turn the call over to Michael Funari at Sapphire Investor Relations. seekingalpha.com - 6 months ago
8. Profile Summary

FARO Technologies, Inc. FARO

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COUNTRY US
INDUSTRY Hardware, Equipment & Parts
MARKET CAP $ 474 M
Dividend Yield 0.00%
Description FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to quickly and accurate position components; and FARO Laser Scanning Portfolio to measure and collect a cloud of data points. It also provides FARO ScanPlan, a handheld mapper that captures two-dimensional floor plans; and FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications. The company offers its products for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.
Contact 250 Technology Park, Lake Mary, FL, 32746 https://www.faro.com
IPO Date Sept. 18, 1997
Employees 1243
Officers Mr. David Wilson J.D. Senior Vice President & General Counsel Mr. Roger Isern Chief Digital Officer Ms. Malvika Jhangiani Senior Vice President & Chief Human Resources Officer Ms. Arianne Boyer Vice President & Chief Transformation Officer Ms. Shelley Gretlein Senior Vice President of Building Insights Mr. Oliver Zweigle Ph.D. Senior Vice President of Engineering & Chief Technology Officer Mr. Phillip Delnick Senior Vice President of Global Sales Mr. Jason Pollock Chief Operating Officer Mr. Matthew Horwath Senior Vice President & Chief Financial Officer Mr. Peter James Lau Chief Executive Officer, President & Director