Welcome to our dedicated page for Faro Technologies news (Ticker: FARO), a resource for investors and traders seeking the latest updates and insights on Faro Technologies stock.
FARO Technologies, Inc. (FARO) generates a steady flow of news as a global provider of 3D metrology, laser scanning, and digital reality solutions. Company announcements highlight new product launches, strategic partnerships, financial results, and major corporate developments, giving investors and industry professionals insight into how FARO’s technologies are evolving and where they are being applied.
Product-focused news often features advances in handheld and portable 3D metrology, such as the introduction of FARO Leap ST, a handheld scanner with multiple operating modes for metrology-grade measurement of parts and surfaces. FARO also issues updates on reality capture innovations like the Blink solution, which integrates with the FARO Sphere XG Digital Reality Platform to provide automated workflows and visualization for construction, real estate, and geospatial users.
FARO’s news flow includes earnings releases and outlook updates, where the company discusses product and service sales, margins, and non-GAAP performance metrics such as Adjusted EBITDA. These releases also outline strategic priorities, including operational initiatives and restructuring plans, and provide context on demand for FARO’s 4D digital reality solutions.
Strategic and corporate news items cover agreements and transactions that shape FARO’s position in the market. Examples include a strategic agreement with Topcon Corporation to collaborate on laser scanning solutions for construction, surveying, mapping, architecture, forensics, BIM, and industrial plant and process applications, as well as AMETEK’s agreement to acquire FARO and subsequent announcement of the acquisition’s completion.
This news page brings together these categories of updates so readers can follow FARO’s product roadmap, financial performance, partnerships, and corporate milestones in one place.
FARO (NASDAQ:FARO) and Creaform (businesses of AMETEK) announced a reorganization effective Jan 22, 2026 that creates two new business units: FARO CREAFORM (combining FARO’s 3D Measurement segment with Creaform) and FARO INSIGHT (FARO’s reality capture segment, aligned with Virtek Vision).
FARO CREAFORM will focus on portable, rigorous dimensional measurement under Business Unit Manager Fanny Truchon. FARO INSIGHT, led by Dietmar Wennemer, will concentrate on reality capture, point cloud conversion, and digital‑twin workflows for AEC&O, public safety, and geospatial customers.
The reorganization aims to accelerate innovation, create customer synergies, and provide a unified structure to ensure continuity and clearer customer engagement.
AMETEK (NYSE:AME) has completed the acquisition of FARO Technologies (NASDAQ:FARO), a global leader in 3D measurement and imaging solutions. FARO will join AMETEK's Ultra Precision Technologies Division alongside Creaform and Virtek, creating one of the industry's most comprehensive portfolios of 3D metrology, laser projection, and digital reality solutions.
The strategic combination brings together expertise across multiple sectors including industrial manufacturing, architecture, engineering, construction, and public safety. The merged portfolio encompasses portable measurement arms, 3D scanners, laser trackers, and integrated inspection software. While the brands will operate independently, they will collaborate to enhance product integration and expand service capabilities.
FARO Technologies (NASDAQ: FARO), a 4D digital reality solutions provider, announced that shareholders have overwhelmingly approved its proposed merger with AMETEK, Inc. at a Special Meeting of Shareholders. The preliminary voting results showed that over 99% of votes were cast in favor of the merger agreement.
Under the terms of the agreement, FARO shareholders will receive $44 in cash per share. The transaction is anticipated to close in the second half of 2025, subject to regulatory approvals and customary closing conditions. Evercore is serving as the exclusive financial advisor, while Foley & Lardner LLP is acting as legal advisor to FARO.
AMETEK (NYSE: AME) has announced a definitive agreement to acquire FARO Technologies (Nasdaq: FARO) for $44 per share in cash, representing a 40% premium over FARO's closing price on May 5, 2025. The transaction values FARO at an enterprise value of approximately $920 million.
FARO Technologies, founded in 1981 and headquartered in Lake Mary, Florida, is a leading provider of 3D measurement and imaging solutions with annual sales of $340 million. The acquisition will integrate FARO into AMETEK's Ultra Precision Technologies division, complementing their existing Creaform business. The transaction, unanimously approved by both companies' boards, is expected to close in the second half of 2025, subject to regulatory approvals and FARO shareholders' approval.
FARO Technologies (NASDAQ: FARO) reported Q1 2025 financial results with revenue of $82.9 million, down 1.6% year-over-year but at the upper end of guidance. The company achieved a gross margin of 57.0% and non-GAAP gross margin of 57.7%, exceeding guidance.
Key highlights include:
- Net income of $0.9 million, or $0.05 per share, compared to net loss of $7.3 million in prior year
- Non-GAAP net income of $6.4 million, or $0.33 per share
- Adjusted EBITDA of $12.5 million (15.0% of revenue)
- Cash and equivalents of $102.6 million
For Q2 2025, FARO expects revenue between $79-87 million and non-GAAP net income per share of $0.20-$0.40.
FARO Technologies (Nasdaq: FARO) announced it will release its first quarter 2025 financial results before market open on Thursday, April 24, 2025. The company will host a conference call at 8:00 am ET on the same day, featuring President and CEO Peter Lau and SVP/CFO Matthew Horwath.
Participants can join the call by dialing +1 800-245-3047 (U.S.) or +1 203-518-9765 (International) using passcode FARO. A live webcast will be available on FARO's Investor Relations website, with a replay accessible for approximately 30 days after the call.
FARO Technologies (Nasdaq: FARO) has unveiled FARO Blink, a revolutionary 3D reality capture solution integrated with the FARO Sphere® XG Digital Reality Platform. This software-driven innovation aims to democratize 3D reality capture through automated workflows and user-friendly operation.
The solution features automated complex tasks and simplified workflows, making professional-quality data insights accessible to users of all expertise levels. Blink has already received recognition, winning the Red Dot Design Award and silver at the New York Design Awards.
Targeting the construction, real estate, and geospatial markets, Blink enables teams to easily capture, view, and share data. The product is now available globally, expanding FARO's product portfolio and addressable market while offering streamlined data processing and analysis capabilities for project managers, surveyors, and 3D scanning service providers.
FARO Technologies reported Q4 2024 financial results with revenue of $93.5 million, down 5% year-over-year but at the upper end of guidance. The company posted a Q4 net loss of $1.0 million ($(0.05) per share), while Non-GAAP EPS reached $0.50.
Key Q4 metrics include gross margin improvement to 56.7% (vs 50.9% prior year) and adjusted EBITDA of $16.7 million (17.9% of sales). The company achieved a decade-high adjusted EBITDA margin of 18% and marked its fifth consecutive quarter of positive operating cash flow.
For full-year 2024, total sales were $342.4 million, down 5% from 2023, with a net loss of $9.1 million ($(0.47) per share). Q1 2025 guidance projects revenue between $77-85 million and Non-GAAP earnings per share of $0.10-$0.30.
Topcon and FARO Technologies have announced a strategic agreement to develop and distribute innovative solutions in the laser scanning market. The collaboration aims to integrate Topcon and Sokkia solutions with FARO's offerings, focusing on key sectors including construction, surveying, mapping, architecture, forensics, BIM, and industrial applications.
The partnership will leverage both companies' expertise in laser scanning technologies to enhance their product offerings and provide added value to users. Through this agreement, both companies plan to introduce new initiatives, including product offerings and enhanced software integrations. The collaboration is expected to expand access to digital reality solutions and strengthen both companies' market positions.
FARO Technologies (Nasdaq: FARO) announced it will release its financial results for Q4 and full year 2024 after market close on Monday, February 24, 2025. The company will host a conference call at 4:30 pm ET on the same day, featuring President and CEO Peter Lau and CFO Matthew Horwath.
Participants can join via phone using the numbers +1 800-579-2543 (U.S.) or +1 785-424-1789 (International) with passcode FARO. A live webcast will be available on FARO's investor relations website, with a replay accessible for approximately 30 days after the call.
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