Last $58.01 USD
Change Today +0.76 / 1.33%
Volume 81.8K
FARO On Other Exchanges
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Berlin
NASDAQ GS
As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

250 Technology Park

Lake Mary, FL 32746

United States

Phone: 407-333-9911

Fax:

FARO Technologies, Inc. designs, develops, manufactures, markets and supports portable, software driven, and three-dimensional (3-D) measurement and imaging systems used in a range of manufacturing, industrial, building construction, and forensic applications. Products The company’s FaroArm, FARO Laser ScanArm, and FARO Gage articulated measuring devices, the FARO Laser Tracker Vantage, the FARO Focus3D, the FARO 3D Imager AMP, and their companion computer-aided measurement (CAM2) software, provide for computer-aided design (CAD) based inspection and/or factory-level statistical process control and high-density surveying. The FaroArm: The FaroArm is a combination of a portable, six or seven-axis, articulated measurement arm, a computer, and CAM2 software programs. Articulated Arm: The articulated arm comprises three major joints, each of which may consist of one, two, or three axes of motion. The articulated arm is available in various sizes, configurations, and precision levels suitable for a range of applications. Computer: The company pre-installs its CAM2 software on either a notebook or desktop style computer, depending on the customer’s need, and the measurement arm, computer and installed software are sold as a system. The company purchases the computers sold with its products from various suppliers. The FARO Laser ScanArm: The FARO Laser ScanArm is a FaroArm equipped with a combination of a hard probe (like that in the FaroArm) and a non-contact line laser probe. This product provides the company’s customers the ability to measure products without touching them and offers a seven-axis contact/non-contact measurement device with an integrated laser scanner. The ScanArm is used for non-contact measurement applications, including inspection, cloud-to-CAD comparison, rapid prototyping, reverse engineering, and 3-D modeling. The FARO Gage: Sold as a combination of an articulated arm device with a computer and software, the FARO Gage is a smaller, higher-accuracy version of the FaroArm. The FARO Gage is also distinguished from the FaroArm by the special mounting features and software unique to the FARO Gage. The FARO Gage is targeted at machine tools and bench tops around machine tools, where basic measurements of smaller machined parts must be measured. As such, the CAM2 FARO Gage software developed for this device features basic 2-D and 3-D measurements common to these applications. The FARO Laser Tracker Vantage: The FARO Laser Tracker Vantage combines a portable, large-volume laser measurement tool, a computer, and CAM2 software programs. Laser Tracker: The FARO Laser Tracker Vantage utilizes an ultra-precise laser beam to measure objects of up to 260 feet. It enables manufacturing, engineering, and quality control professionals to measure and inspect large parts, machine tools and other large objects on-site and in-process. Among its various enhanced features is TruADM, which improves upon existing absolute distance measurement technology by providing the time-saving ability to reacquire the laser beam without the need to return to a known reference point or the need to hold the target stationary. Computer: The FARO Laser Tracker Vantage includes a notebook or desktop style computer, depending on the customer’s requirements, that includes the pre-installed CAM2 Software. The FARO Focus3D: The FARO Focus3D utilizes laser technology to measure and collect a cloud of data points, allowing for the detailed and precise 3-D rendering of an object or an area as large as a factory. This technology is currently used for factory planning, facility life-cycle management, quality control, forensic analysis and capturing large volumes of 3-D data. The FARO Focus3D simplifies modeling, reduces project time and maintains or increases the accuracy of the image. The resulting data is used with major CAD systems or FARO’s own proprietary CAM2 software. The FARO 3D Imager AMP: The FARO 3D Imager AMP is a non-contact 3-D Imager, capable of collecting millions of points to generate infinitely-focused fringe patterns. The FARO 3D Imager AMP creates a point cloud of objects in the AMP’s field of view.

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FARO

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Valuation FARO Industry Range
Price/Earnings 40.3x
Price/Sales 3.1x
Price/Book 3.0x
Price/Cash Flow 31.1x
TEV/Sales 2.5x
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