faro technologies inc (FARO:NASDAQ GS)
faro technologies inc (FARO) Snapshot
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Open
$37.61
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Previous Close
$37.54
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Day High
$39.02
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Day Low
$37.61
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52 Week High
05/22/12 - $49.33
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52 Week Low
01/14/13 - $31.10
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Market Cap
664.5M
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Average Volume 10 Days
110.9K
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EPS TTM
$1.28
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Shares Outstanding
17.1M
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EX-Date
--
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P/E TM
30.4x
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Dividend
--
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Dividend Yield
--
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Related News
faro technologies inc (FARO) Related Businessweek News
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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 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. The company also offers FARO Software, a proprietary CAD-based measurement and laser scanner software; CAM2 Measure 10 to measure jobs; FARO CAM2 Gage Software for measuring geometry and building dimensions; and FARO SCENE, a software to deliver scan processing solutions. In addition, 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 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.
faro technologies inc (FARO) Top Compensated Officers
faro technologies inc (FARO) Key Developments
FARO Technologies Inc. (NasdaqGS:FARO) is looking for acquisition opportunities. President and Chief Executive Officer, Jay Freeland said, “There are several companies out there that are of extreme interest, and without saying where we would be in dialogue with any company for sure, the pursuit of acquisitions is something that is still of high interest and the current market environment does not change that. Because the types of acquisitions that we look at give the opportunity to expand the portfolio, expand a complete offering to the customer base allow us to more aggressively penetrate the verticals that we tend to be best in, and give us the opportunity to have a complete suite of products for those customers. So that side of it doesn't change at all from a strategic standpoint”.
FARO Technologies Inc. announced unaudited consolidated earnings results for the first quarter ended March 30, 2013. For the quarter, the company reported total sales of $65,370,000 against $65,229,000 a year ago. Income from operations was $5,702,000 against $8,433,000 a year ago. Income before income tax expense was $5,602,000 against $8,661,000 a year ago. Net income was $4,574,000 or 0.27 basic and diluted per share against $6,750,000 or $0.39 diluted per share a year ago. Net cash provided by operating activities was $10,273,000 against $4,334,000 a year ago. Purchases of property and equipment were $256,000 against $703,000 a year ago. Payments for intangible assets were $494,000 against $193,000 a year ago.
FARO Technologies Inc., Q1 2013 Earnings Call, May 01, 2013
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Industry Analysis
FARO
Industry Average
| Valuation | FARO | Industry Range |
| Price/Earnings | 30.6x |
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| Price/Sales | 2.3x |
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| Price/Book | 2.2x |
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| Price/Cash Flow | 22.7x |
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| TEV/Sales | 1.7x |
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Post a JobJobs
- Kennett Square, PA | FARO TechnologiesPosted: May 22
- Lake Mary, FL | FARO TechnologiesPosted: May 21
- Orlando, FL | FARO TechnologiesPosted: May 20
- Lake Mary, FL | FARO TechnologiesPosted: May 15
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