Entering text into the input field will update the search result below

FARO Q1 miss sinks shares, down 17%

Apr. 26, 2018 10:49 AM ETFARO Technologies, Inc. (FARO) StockBy: Douglas W. House, SA News Editor
  • Thinly traded FARO (NASDAQ:FARO -17.4%) is down on more than double normal volume, albeit on turnover of only 202K shares, in response to its Q1 results released after the close yesterday.
  • Sales were up 13.8% to $92.8M driven by an increase in construction BIM, higher average prices in 3D factory and growth in services.
  • Net income was up 133.3% to $500K. EPS was also up 133.3% to $0.03 (versus a loss of $0.09/share a year ago).
  • Consensus view was EPS of $0.08 on revenues of $92.9M.
  • Previously: FARO Technologies misses by $0.05, misses on revenue (April 25)

Recommended For You

More Trending News

About FARO Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
FARO--
FARO Technologies, Inc.