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Last $43.10 USD
Change Today +0.29 / 0.68%
Volume 184.6K
FARO On Other Exchanges
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

faro technologies inc (FARO) Snapshot

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12/26/14 - $65.63
52 Week Low
04/30/15 - $38.75
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faro technologies inc (FARO) Details

FARO Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and supports software driven, three-dimensional (3-D) measurement, imaging, and realization systems for manufacturing, industrial, architecture, surveying, building construction, and law enforcement applications. The company offers FaroArm, a combination of six or seven-axis, articulated measurement arm, a computer, and computer-aided measurement (CAM2) software programs; and FARO Laser ScanArm, a FaroArm equipped with a hard probe and non-contact laser line probe to measure products without touching them, as well as offers a seven-axis contact/non-contact measurement device with an integrated laser scanner. It also provides FARO Gage, a combination of an articulated arm device with a computer and software; FARO Laser Tracker Vantage that combines a laser measurement tool, a computer, and CAM2 software programs; FARO 3D Imager AMP, a non-contact 3D imager for collecting millions of points to generate infinitely-focused fringe patterns; and FARO Focus3D to measure and collect a cloud of data points. In addition, the company offers FARO Freestyle3D, a high-precision, handheld scanner that documents rooms, structures, and objects in 3-D, as well as creates high-definition point clouds; and FARO Software, a proprietary CAD-based measurement and laser scanner software. Further, it provides CAM2 Measure 10 to complete measurement jobs; FARO CAM2 Smartinspect, a CAM2 solution for measuring geometry and building dimensions; FARO SCENE software to deliver a scan processing solution; and FARO Forensics software for law enforcement officers, firefighters, and loss control engineers. The company sells its products through direct sales and distributors in the United States, Brazil, Mexico, Germany, Switzerland, the United Kingdom, France, Italy, Singapore, Japan, China, and India. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.

1,223 Employees
Last Reported Date: 02/25/15
Founded in 1981

faro technologies inc (FARO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $462.7K
Managing Director of Americas and Senior Vice...
Total Annual Compensation: $333.5K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $302.1K
Managing Director of Europe, Middle East & Af...
Total Annual Compensation: $150.0K
Compensation as of Fiscal Year 2014.

faro technologies inc (FARO) Key Developments

FARO Technologies Inc. Presents at Oppenheimer 10th Annual Industrial Growth Conference, May-12-2015 01:05 PM

FARO Technologies Inc. Presents at Oppenheimer 10th Annual Industrial Growth Conference, May-12-2015 01:05 PM. Venue: Westin New York Grand Central, 212 East 42nd Street, New York, NY 10017, United States. Speakers: Jay W. Freeland, Chief Executive Officer, President and Director.

FARO Technologies seeks Acquisitions

Jay Freeland, President and Chief Executive Officer of FARO Technologies Inc. (NasdaqGS:FARO) said, "We continue to view our cash on hand as a critical element to leverage our growth, whether through investments in additional account managers to further penetrate vertical markets, strong R&D reinvestment, or attractive acquisitions."

FARO Technologies Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 28, 2015

FARO Technologies Inc. announced unaudited consolidated earnings results for the first quarter ended March 28, 2015. For the quarter, the company's sales were $69.9 million, decreased 4.7% from $73.4 million in the first quarter of 2014. Net income decreased $4.3 million, or 86.7%, to $0.7 million, or $0.04 per basic and diluted share, in the quarter from $5.0 million, or $0.29 per basic and diluted share, in the first quarter of 2014. Income from operation was $1.86 million compared with $6.96 million a year ago. Income before income tax (benefit) expense was $0.57 million compared with $6.8 million a year ago. Net cash provided by operating activities was $0.77 million compared with net cash used in operating activities of $0.82 million a year ago. Purchases of property and equipment were $2.4 million compared with $2.1 million a year ago. Payments for intangible assets were $0.13 million compared with $0.42 million a year ago.


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Valuation FARO Industry Range
Price/Earnings 25.6x
Price/Sales 2.2x
Price/Book 2.2x
Price/Cash Flow 20.0x
TEV/Sales 1.7x

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