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FARO Technologies Inc (FARO.OQ)

FARO.OQ on NASDAQ Stock Exchange Global Select Market

56.94USD
18 Apr 2019
Change (% chg)

$0.33 (+0.58%)
Prev Close
$56.61
Open
$56.60
Day's High
$57.19
Day's Low
$55.82
Volume
24,169
Avg. Vol
36,261
52-wk High
$70.20
52-wk Low
$37.74

Latest Key Developments (Source: Significant Developments)

FARO Technologies Appoints Michael Burger As CEO
Tuesday, 9 Apr 2019 

April 9 (Reuters) - FARO Technologies Inc ::FARO APPOINTS MICHAEL D. BURGER AS PRESIDENT AND CHIEF EXECUTIVE OFFICER.FARO TECHNOLOGIES INC - BURGER SUCCEEDS DR. SIMON RAAB.FARO TECHNOLOGIES INC - DR. RAAB WILL RETIRE FROM HIS POSITIONS WITH COMPANY ON JUNE 16, 2019.  Full Article

FARO Technologies- Late In Q4, During Internal Review Co Preliminarily Determined Certain Pricing Practices May Have Resulted In Government Being Overcharged
Wednesday, 20 Feb 2019 

Feb 19 (Reuters) - FARO Technologies Inc ::FARO TECHNOLOGIES- LATE IN Q4, DURING INTERNAL REVIEW CO PRELIMINARILY DETERMINED CERTAIN PRICING PRACTICES MAY HAVE RESULTED IN GOVERNMENT BEING OVERCHARGED.FARO- BEGUN REMEDIATION EFFORTS, INCLUDING IDENTIFYING ADDITIONAL CONTROLS & PROCEDURES, TO ENSURE FUTURE COMPLIANCE WITH PRICING OF GOVERNMENT. CONTRACTS.FARO TECHNOLOGIES INC - ON FEBRUARY 14, 2019, REPORTED GSA MATTER TO GSA AND ITS OFFICE OF INSPECTOR GENERAL.FARO TECHNOLOGIES INC - HAS RETAINED OUTSIDE LEGAL COUNSEL TO ASSIST AND CONDUCT A REVIEW OF COMPANY'S PRICING AND OTHER PRACTICES UNDER CONTRACTS.FARO TECHNOLOGIES INC - OVER 6-YEAR PERIOD ENDED DEC 31, 2018, CO'S SALES TO GOVERNMENT UNDER CONTRACTS WERE APPROXIMATELY $53.5 MILLION IN AGGREGATE.FARO TECHNOLOGIES INC - AS A RESULT OF GSA MATTER, FOR Q4 2018, COMPANY REDUCED ITS TOTAL SALES BY A $4.8 MILLION ESTIMATED CUMULATIVE SALES ADJUSTMENT.FARO TECHNOLOGIES INC - FOR Q4 2018 COMPANY RECORDED $0.5 MILLION OF IMPUTED INTEREST RELATED TO ESTIMATED CUMULATIVE SALES ADJUSTMENT.  Full Article

FARO Technologies Q4 Earnings Per Share $0.33
Wednesday, 20 Feb 2019 

Feb 19 (Reuters) - FARO Technologies Inc ::FARO REPORTS FOURTH QUARTER AND FISCAL YEAR 2018 FINANCIAL RESULTS.Q4 SALES $112.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF $118.6 MILLION.Q4 EARNINGS PER SHARE $0.33.Q4 EARNINGS PER SHARE ESTIMATE $0.44 -- REFINITIV IBES DATA.  Full Article

Faro Technologies Reports Q3 Adjusted EPS Of $0.09
Thursday, 1 Nov 2018 

Oct 31 (Reuters) - FARO Technologies Inc ::FARO REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 LOSS PER SHARE $0.15.Q3 ADJUSTED EARNINGS PER SHARE $0.09.Q3 SALES $99.7 MILLION VERSUS I/B/E/S VIEW $102.5 MILLION.Q3 EARNINGS PER SHARE VIEW $0.15 -- THOMSON REUTERS I/B/E/S.NEW ORDER BOOKINGS INCREASED BY 11.0%, TO $100.5 MILLION FOR QUARTER ENDED SEPTEMBER 30, 2018.  Full Article

Faro Reports Q3 Loss Per Share $0.15
Thursday, 1 Nov 2018 

Oct 31 (Reuters) - FARO Technologies Inc ::FARO REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 LOSS PER SHARE $0.15.Q3 SALES $99.7 MILLION VERSUS I/B/E/S VIEW $102.5 MILLION.Q3 EARNINGS PER SHARE $0.19 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE VIEW $0.15 -- THOMSON REUTERS I/B/E/S.NEW ORDER BOOKINGS INCREASED BY 11.0%, TO $100.5 MILLION FOR QUARTER ENDED SEPTEMBER 30, 2018.  Full Article

Faro Technologies Q2 Earnings Per Share $0.07
Thursday, 26 Jul 2018 

FARO Technologies Inc ::FARO REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 EARNINGS PER SHARE $0.07.Q2 SALES $98.2 MILLION VERSUS I/B/E/S VIEW $96.1 MILLION.Q2 EARNINGS PER SHARE VIEW $0.07 -- THOMSON REUTERS I/B/E/S.NEW ORDER BOOKINGS UP 19.7% TO $106.5 MILLION FOR QUARTER ENDED JUNE 30.  Full Article

Faro announces acquisition of Dustin Forensics
Thursday, 16 Nov 2017 

Nov 15 (Reuters) - Faro Technologies Inc :Faro® announces acquisition of Dustin Forensics.Faro Technologies Inc says ‍announces acquisition of Dustin Forensics, a digital forensic animation firm based in Adairsville, Georgia.  Full Article

Faro reports Q3 earnings $0.10/shr
Friday, 27 Oct 2017 

Oct 26 (Reuters) - Faro Technologies Inc :Faro reports third quarter 2017 financial results.Q3 earnings per share $0.10.Q3 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.Q3 sales $90.3 million versus I/B/E/S view $89.3 million.Faro Technologies Inc- ‍new order bookings for Q3 2017 were $90.5 million, an increase of 13.4% from Q3 2016​.  Full Article