FARO Announces Third Quarter Financial Results

 

FARO TECHNOLOGIES, INC. AND SUBSIDIARIES

RECONCILIATION OF OUTLOOK - GAAP TO NON-GAAP



Fiscal quarter ending December 31, 2024


Low


High

GAAP gross margin

55.6 %


57.1 %

Stock-based compensation

0.4 %


0.4 %

Non-GAAP gross margin

56.0 %


57.5 %




Fiscal quarter ending December 31, 2024

(in thousands)

Low


High

GAAP operating expenses

$47,400


$49,400

Stock-based compensation

(3,600)


(3,600)

Purchase accounting intangible amortization

(1,100)


(1,100)

Restructuring and other costs

(2,200)


(2,200)

Non-GAAP operating expenses

$40,500


$42,500




Fiscal quarter ending December 31, 2024


Low


High

GAAP diluted earnings per share range

$(0.15)


$0.05

Stock-based compensation

0.21


0.21

Purchase accounting intangible amortization

0.06


0.06

Restructuring and other costs

0.11


0.11

Non-GAAP tax adjustments

0.09


0.09

Non-GAAP diluted earnings per share

$0.32


$0.52

 

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/faro-announces-third-quarter-financial-results-302297948.html

SOURCE FARO

Contact:
Company Name: FARO
Investor Contacts: FARO Technologies, Inc., Matthew Horwath, Chief Financial Officer
Phone: +1 407-562-5005
Email Contact Sapphire Investor Relations, LLC, Michael Funari or Erica Mannion
Phone: +1 617-542-6180
Email Contact
Financial data for FARO



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8             
Featured Video
Editorial
Jobs
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Mechanical Engineer 2 for Lam Research at Fremont, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Upcoming Events
Celebrate Manufacturing Excellence at Anaheim Convention Center Anaheim CA - Feb 4 - 6, 2025
3DEXPERIENCE World 2025 at George R. Brown Convention Center Houston TX - Feb 23 - 26, 2025
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025
Additive Manufacturing Forum 2025 at Estrel Convention Cente Berlin Germany - Mar 17 - 18, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise