Last $44.96 USD
Change Today -0.94 / -2.05%
Volume 41.1K
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As of 12:18 PM 07/28/14 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
07/31/13 - $33.50
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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 Inc. Releases Newest Version of Laser Scanning Software, SCENE 5.3

FARO Technologies Inc. announced the release of their newest version of laser scanning software, SCENE 5.3, and scan data hosting-service, SCENE WebShare Cloud 1.5. FARO's SCENE 5.3 software, for use with the Laser Scanner Focus(3D) X Series, delivers scan registration by eliminating artificial targets, such as spheres and checkerboards. Users can choose from two available registration methods: Top View Based or Cloud to Cloud. Top View Based registration allows for target less positioning of scans. In interiors and in built-up areas without reliable GPS positioning of the individual scans, target less positioning represents a highly efficient and largely automated method of scanning. The second method, Cloud to Cloud registration, opens up new opportunities for the user to position scans quickly and accurately, even under difficult conditions. In exterior locations with good positioning of the scans by means of the integrated GPS receiver of the Laser Scanner Focus(3D) X Series, Cloud to Cloud is the method of choice for target less registration. In addition, the software also offers various new processes that enable the user to flexibly respond to a wide variety of project requirements.

FARO Technologies Inc. Presents at Stephens 2014 Spring Investment Conference, Jun-03-2014 01:00 PM

FARO Technologies Inc. Presents at Stephens 2014 Spring Investment Conference, Jun-03-2014 01:00 PM. Venue: The New York Palace Hotel, New York, New York, United States. Speakers: Jay W. Freeland, Chief Executive Officer, President and Director, Peter G. Abram, Chief Financial Officer and Senior Vice President.

FARO Technologies Inc. Launches Complete Metrology Software with Faro Cam2 Measure 10.3

FARO Technologies Inc. announced the release of FARO CAM2 Measure 10.3, its newest software for the FaroArm, FARO ScanArm and FARO Laser Tracker. CAM2 Measure 10.3 offers a complete contact and non-contact metrology solution. The new capabilities and enhanced functionality provide customers the value of having a single partner, with an integrated software and hardware solution, that is supported by a worldwide service network. CAM2 Measure 10.3 can be used with all of FARO's major metrology hardware, such as the FARO ScanArm for CAD-to-Part analysis, and is perfectly suited for tasks such as the inspection of free and complex forms and even soft or flexible materials that are difficult to inspect with a tactile system. New features such as Cross Section Analysis, Point Cloud Registration, Deviation Markers and the enhanced Live Color Scan, support and boost user experience in data collection and point cloud analysis. These new capabilities simplify and accelerate the measurement process by guiding operators in their probing and scanning activities.


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Valuation FARO Industry Range
Price/Earnings 36.2x
Price/Sales 2.6x
Price/Book 2.4x
Price/Cash Flow 27.3x
TEV/Sales 2.0x

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