Last $54.48 USD
Change Today +0.22 / 0.41%
Volume 169.0K
FARO On Other Exchanges
As of 5:20 PM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

faro technologies inc (FARO) Snapshot

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12/27/13 - $60.91
52 Week Low
10/9/13 - $38.56
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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 Releases FARO(R) Edge Scanarm HD with Fast Scanning Speed and High-Definition Data Clarity

FARO Technologies Inc. announced the release of the all-new FARO(R) Laser Line Probe HD. The power of the new high-definition 3D scanner combined with the flexibility of the FARO Edge measuring arm creates the world's most affordable, high performance contact/non-contact portable measurement system on the market the FARO Edge ScanArm HD. The Edge ScanArm HD delivers rapid point cloud collection with extreme resolution and high accuracy all in a compact, lightweight and easy-to-use system. The new functionalities enable users to seamlessly scan across diverse surface materials regardless of contrast, reflectivity or part complexity and without any special coatings or target placement. The Edge ScanArm HD will be available for live product demonstrations in the Quality Assurance Pavilion at the 2014 International Manufacturing Technology Show (IMTS) at the McCormick Place in Chicago, IL from September 8-13, 2014 at booth N-6994. The extra wide scan stripe and fast frame rate boosts productivity by increasing coverage and reducing scanning time. Intricate components can be captured in fine detail as a result of the 2,000 actual points per scanline and the new blue laser featuring noise reduction technology. Users can dramatically reduce required training time with the new crosshair feature and existing LED Rangefinder functionality, which provides real-time scanning feedback. The FARO Edge ScanArm HD is the ideal tool for product development, inspection, and quality control and offers capabilities such as point cloud comparison with CAD, rapid prototyping, reverse engineering, and 3D modeling. In combination with the all-in-one metrology software CAM2 Measure 10, FARO provides its customers with a unique solution for both contact and non-contact measurement perfectly suited for metrology challenges for a wide range of applications.

FARO Technologies Inc. Presents at Brean Capital 2014 Global Tech Conference, Sep-03-2014

FARO Technologies Inc. Presents at Brean Capital 2014 Global Tech Conference, Sep-03-2014 . Venue: The Millennium Broadway Hotel, New York, New York, United States.

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.”


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Valuation FARO Industry Range
Price/Earnings 38.4x
Price/Sales 3.0x
Price/Book 2.8x
Price/Cash Flow 29.5x
TEV/Sales 2.4x

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