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Faro Technologies Inc. - FARO STOCK NEWS

Welcome to our dedicated news page for Faro Technologies (Ticker: FARO), a resource for investors and traders seeking the latest updates and insights on Faro Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Faro Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Faro Technologies's position in the market.

News
FARO Technologies to Webcast 2024 Investor Event on Monday, March 11, 2024
Rhea-AI Summary
FARO® (Nasdaq: FARO) to host Investor Event on March 11, 2024, focusing on 3D digital measurement solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.36%
Tags
conferences
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News
FARO Announces Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
FARO Technologies, Inc. reports Q4 revenue of $98.8 million, surpassing guidance, with Q4 EPS at $0.08 and Non-GAAP EPS at $0.36. Positive cash flow in Q4 and FY2023. Exciting financial results for the global leader in 4D digital reality solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
earnings
-
News
FARO to Announce Financial Results for the Fourth Quarter and Year End 2023 on February 28, 2024
Rhea-AI Summary
FARO Technologies, Inc. will release its financial results for Q4 and full year 2023 on February 27, 2024. The conference call hosted by the CEO and CFO will take place on February 28, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.1%
Tags
earnings
News
FARO Technologies Announces CFO Transition
Rhea-AI Summary
FARO, a global leader in 4D digital reality solutions, announced the promotion of Matthew Horwath to SVP & Chief Financial Officer. Horwath, who joined FARO in 2017, has an extensive background in finance and accounting, including public accounting at Ernst & Young LLP and corporate accounting positions at Winn-Dixie Stores, Inc. He holds a Master of Accountancy degree from the University of North Florida and a Bachelor of Business Administration degree with a major in accounting from the University of Central Florida.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.99%
Tags
none
-
News
FARO Successfully Completes SOC 2 Type II Audit
Rhea-AI Summary
FARO Technologies, Inc. (Nasdaq: FARO) successfully completes SOC 2 Type II audit for Sphere XG, demonstrating commitment to customer security. The audit, conducted by A-LIGN, affirms the company's dedication to security and compliance. The SOC 2 Type II examination is designed to protect customer assets and is a globally recognized standard.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
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News
FARO Announces Third Quarter Financial Results
Rhea-AI Summary
FARO Technologies, Inc. announced its financial results for Q3 2023, with revenue of $86.8 million and non-GAAP EPS of $0.02. The company exceeded its high-end revenue expectations and achieved its first full quarter of cost reductions, resulting in profitability that exceeded expectations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.86%
Tags
earnings
News
FARO to Announce Financial Results for the Third Quarter 2023 on November 2, 2023
Rhea-AI Summary
FARO Technologies will release its financial results for the third quarter ended September 30, 2023 on November 1, 2023. A conference call will be hosted by the President and CEO, Peter Lau, and CFO, Allen Muhich, on November 2, 2023 at 8:00 am ET. Interested parties can access the call via dial-in or a live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.09%
Tags
earnings
-
News
FARO Releases Next Generation Cloud Platform, Sphere XG
Rhea-AI Summary
FARO Technologies introduces FARO Sphere XG, a next-generation digital reality platform that offers unified data integration through cloud-based services, desktop applications, and mobile apps. The platform enables professionals to view, measure, analyze, and share all reality capture data within a single environment, fostering improved collaboration and decision-making processes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
none
-
News
Revolutionizing 3D Scanning Data Capture, FARO® Unveils Orbis™ Mobile Scanner
Rhea-AI Summary
FARO Technologies announces the release of the FARO Orbis Mobile Scanner, a hybrid scanner that offers both mobile and stationary scanning in one device.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.79%
Tags
none
News
FARO Presents Inaugural Conference, Signals: Illuminating the Future of Reality Capture Technology
Rhea-AI Summary
FARO announces inaugural Signals Conference to explore reality capture technology in construction and facility management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
none
Stock FARO logo
Faro Technologies Inc.

Nasdaq:FARO

FARO Rankings

#3248 Ranked by Market Cap
#4836 Ranked by Stock Gains
N/A Ranked by Dividends

FARO Stock Data

372.56M
17.00M
4.07%
102.18%
9.09%
Electromedical and Electrotherapeutic Apparatus Manufacturing
Manufacturing
Link
US
Lake Mary

About FARO

faro is the world’s most trusted source for 3d measurement technology. the company develops and markets computer-aided measurement and imaging devices and software. technology from faro permits high-precision 3d measurement, imaging and comparison of parts and compound structures within production and quality assurance processes. the devices are used for inspecting components and assemblies, production planning, documenting large volume spaces or structures in 3d, surveying and construction, as well as for investigation and reconstruction of accident sites or crime scenes. worldwide, approximately 15,000 customers are operating more than 30,000 installations of faro's systems. the company's global headquarters is located in lake mary, fla., its european head office in stuttgart, germany and its asia/pacific head office in singapore. faro has branches in brazil, mexico, germany, united kingdom, france, spain, italy, poland, netherlands, india, china, singapore, malaysia, vietnam, thaila