Last $60.81 USD
Change Today +2.28 / 3.90%
Volume 321.4K
FARO On Other Exchanges
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As of 5:20 PM 02/26/15 All times are local (Market data is delayed by at least 15 minutes).

faro technologies inc (FARO) Key Developments

FARO Technologies Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

FARO Technologies Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company’s sales increased 15.9% to $104.2 million from $89.9 million in the fourth quarter of 2013.  Net income increased $2.8 million, or 34.6%, to $11.1 million, or $0.64 per share from $8.3 million, or $0.48 per share, in the fourth quarter of 2013.  Income from operations was $12,978,000, compared to $11,369,000 for the last year. Income before income tax expense was $13,021,000, compared to $11,454,000 for the last year. For the year, the company’s sales increased 17.2% to $341.8 million compared with the preceding year.  Net income increased 56.4% to $33.6 million or $1.93 per share, as compared with $21.5 million or $1.25 per share in fiscal 2013.  Income from operations was $37,340,000, compared to $30,154,000 for the last year. Income before income tax expense was $37,522,000, compared to $28,862,000 for the last year. Net cash provided by operating activities was $5,658,000, compared to $32,278,000 for the last year. Purchases of property and equipment were $18,722,000, compared to $4,350,000 for the last year. Payments for intangible assets were $1,221,000, compared to $2,204,000 for the last year.

FARO Technologies Inc. to Report Q4, 2014 Results on Feb 25, 2015

FARO Technologies Inc. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Feb 25, 2015

FARO Technologies Inc., Q4 2014 Earnings Call, Feb 26, 2015

FARO Technologies Inc., Q4 2014 Earnings Call, Feb 26, 2015

FARO Technologies Inc. Presents at Stifel, Nicolaus Technology, Internet & Media Conference, Feb-10-2015 09:45 AM

FARO Technologies Inc. Presents at Stifel, Nicolaus Technology, Internet & Media Conference, Feb-10-2015 09:45 AM. Venue: The Westin St. Francis, San Francisco, California, United States. Speakers: Jay W. Freeland, Chief Executive Officer, President and Director, Peter G. Abram, Chief Financial Officer and Senior Vice President.

FARO Technologies Releases New FARO Freestyle3D Handheld Laser Scanner

FARO Technologies Inc. announced the release of the new FARO Freestyle3D Handheld Laser Scanner, an easy, intuitive device for use in Architecture, Engineering and Construction (AEC), Law Enforcement, and other industries. The FARO Freestyle3D is equipped with a Microsoft Surface tablet and offers unprecedented real-time visualization by allowing the user to view point cloud data as it is captured. The Freestyle3D scans to a distance of up to three meters and captures up to 88K points per second with accuracy better than 1.5mm. The patent-pending, self-compensating optical system also allows users to start scanning immediately with no warm up time required. The portability of Freestyle3D enables users to maneuver and scan in tight and hard-to-reach areas such as car interiors, under tables and behind objects making it ideal for crime scene data collection or architectural preservation and restoration activities. Memory-scan technology enables Freestyle3D users to pause scanning at any time and then resume data collection where they left off without the use of artificial targets. The Freestyle3D can be employed as a standalone device to scan areas of interest, or used in concert with FARO's Focus X 130 /X 330 scanners. Point cloud data from all of these devices can be seamlessly integrated and shared with all of FARO's software visualization tools including FARO SCENE, WebShare Cloud, and FARO CAD Zone packages.

 

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FARO

Industry Average

Valuation FARO Industry Range
Price/Earnings 33.1x
Price/Sales 3.1x
Price/Book 3.0x
Price/Cash Flow 26.6x
TEV/Sales 2.5x
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