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Last $37.72 USD
Change Today +0.16 / 0.43%
Volume 92.8K
FARO On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

faro technologies inc (FARO) Snapshot

Open
$37.84
Previous Close
$37.56
Day High
$38.28
Day Low
$36.85
52 Week High
12/26/14 - $65.63
52 Week Low
08/24/15 - $36.16
Market Cap
656.1M
Average Volume 10 Days
139.5K
EPS TTM
$1.55
Shares Outstanding
17.4M
EX-Date
--
P/E TM
24.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for FARO TECHNOLOGIES INC (FARO)

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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. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 27, 2015

FARO Technologies Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 27, 2015. FARO's second quarter 2015 sales of $83.8 million were up 2.1% from $82.1 million in the second quarter of 2014. Excluding approximately $8.4 million of unfavorable foreign exchange impacts, sales would have increased approximately 12% over the same period of 2014. Net income decreased by $2.2 million, or 34.5%, to $4.1 million, or $0.24 per diluted share, in the second quarter of 2015 from $6.3 million, or $0.36 per diluted share, in the prior year period. Excluding the impact of an aggregate of $1.5 million of one-time severance costs and a write-off of a license related to the Company's Imager product line, net income would have been $5.6 million, or $0.32 per share. Income from operations was $5,424,000 and income before income tax expense was $5,365,000 against income from operations of $8,409,000 and income before income tax expense of $8,579,000 a year ago. Capital expenditures were $3.7 million. For the six months, total sales were $153,714,000, income from operations was $7,280,000, income before income tax expense was $5,933,000 and net income was $4,812,000 or $0.27 per diluted share against total sales of $155,434,000, income from operations of $15,369,000, income before income tax expense of $15,396,000 and net income of $11,304,000 or $0.65 per diluted share for the same period a year ago. Net cash used in operating activities was $1,600,000 against net cash provided by operating activities of $9,506,000 a year ago. Purchases of property and equipment were $6,073,000 against $4,555,000 a year ago. Payments for intangible assets were $1,185,000 against $927,000 a year ago.

FARO Technologies Inc. Appoints Laura A. Murphy Senior Vice President and Chief Financial Officer, Effective August 10, 2015

FARO Technologies Inc. announced that Laura A. Murphy has been appointed as Senior Vice President and Chief Financial Officer, effective August 10, 2015. Ms. Murphy previously served as Vice President Finance " Healthcare Compliance Solutions of Stericycle Inc., where she also previously served as Vice President, International & Corporate Finance.

FARO Technologies Inc., Q2 2015 Earnings Call, Jul 30, 2015

FARO Technologies Inc., Q2 2015 Earnings Call, Jul 30, 2015

 

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Industry Analysis

FARO

Industry Average

Valuation FARO Industry Range
Price/Earnings 24.2x
Price/Sales 1.9x
Price/Book 1.9x
Price/Cash Flow 18.1x
TEV/Sales 1.5x
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