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 |
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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 |