Last $55.58 USD
Change Today -0.36 / -0.64%
Volume 16.6K
FARO On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 11:16 AM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

faro technologies inc (FARO) Snapshot

Open
$55.72
Previous Close
$55.94
Day High
$55.94
Day Low
$54.91
52 Week High
12/27/13 - $60.91
52 Week Low
08/20/13 - $36.50
Market Cap
958.6M
Average Volume 10 Days
104.6K
EPS TTM
$1.40
Shares Outstanding
17.2M
EX-Date
--
P/E TM
39.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for FARO TECHNOLOGIES INC (FARO)

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faro technologies inc (FARO) Details

FARO Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and supports software-based three-dimensional measurement and imaging systems for manufacturing, industrial, building construction, and forensic applications. The company’s articulated electromechanical measuring devices include FaroArm, a combination of six or seven-axis, articulated measurement arm, a computer, and computer-aided measurement (CAM2) software programs; and FARO Laser ScanArm, a FaroArm equipped with a combination of a hard probe and non-contact line laser probe to measure products without touching them and offers a seven-axis contact/non-contact measurement device with an integrated laser scanner. It also provides FARO Gage, an articulated arm device with a computer and software; FARO Laser Tracker Vantage that combines a laser measurement tool, a computer, and CAM2 software programs; FARO Focus3D to measure and collect data points; and FARO 3D Imager AMP, a non-contact 3D imager capable of collecting millions of points to generate infinitely-focused fringe patterns. In addition, the company offers FARO Software, a proprietary CAD-based measurement and laser scanner software; CAM2 Measure 10 that allows customers to complete measurement jobs; FARO CAM2 Gage Software for measuring geometry and building dimensions; and FARO SCENE, a software to deliver scan processing solutions. Further, it provides extended warranties, as well as support, training, and technology consulting services. The company sells its products through direct sales and distributors. It serves automobile, aerospace, and heavy equipment markets, as well as universities and law enforcement agencies in the Americas, Europe, Africa, and the Asia Pacific. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.

1,078 Employees
Last Reported Date: 02/26/14
Founded in 1981

faro technologies inc (FARO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $447.1K
Managing Director of FARO Europe and Senior V...
Total Annual Compensation: $307.6K
Managing Director of Asia Pacific Region and ...
Total Annual Compensation: $150.0K
Managing Director of Americas Region and Seni...
Total Annual Compensation: $143.8K
Compensation as of Fiscal Year 2013.

faro technologies inc (FARO) Key Developments

FARO Technologies Mulls Acquisitions

FARO Technologies Inc. (NasdaqGS:FARO) plans to make acquisitions. Jay Freeland, President and Chief Executive Officer of FARO Technologies, said, “We will continue to push aggressively to grow sales, invest in R&D, integrate CAD Zone and its software products, execute the [XM] and SAP projects and search for additional acquisition opportunities.”

Faro Technologies Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2014

FARO Technologies Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 28, 2014. For the quarter, the company's total sales were $82,060,000 compared to $68,329,000 a year ago. Income from operations was $8,409,000 compared to $5,486,000 a year ago. Income before income tax expense was $8,579,000 compared to $5,001,000 a year ago. Net income was $6,328,000 compared to $3,631,000 a year ago. Net income per share - diluted was $0.36 compared to $0.21 a year ago. For the six months, the company's total sales were $155,434,000 compared to $133,699,000 a year ago. Income from operations was $15,369,000 compared to $11,188,000 a year ago. Income before income tax expense was $15,396,000 compared to $10,603,000 a year ago. Net income was $11,304,000 compared to $8,205,000 a year ago. Net income per share - diluted was $0.65 compared to $0.48 a year ago. Net cash provided by operating activities was $9,506,000 compared to $18,260,000 a year ago. Purchases of property and equipment was $4,555,000 compared to $891,000 a year ago. Payments for intangible assets was $927,000 compared to $832,000 a year ago.

FARO Technologies Inc. to Report Q2, 2014 Results on Jul 29, 2014

FARO Technologies Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 29, 2014

 

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Industry Analysis

FARO

Industry Average

Valuation FARO Industry Range
Price/Earnings 39.4x
Price/Sales 3.1x
Price/Book 2.9x
Price/Cash Flow 30.3x
TEV/Sales 2.5x
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