FARO Announces Third Quarter Financial Results

 

FARO TECHNOLOGIES, INC. AND SUBSIDIARIES

RECONCILIATION OF OUTLOOK - GAAP TO NON-GAAP



Fiscal quarter ending December 31, 2024


Low


High

GAAP gross margin

55.6 %


57.1 %

Stock-based compensation

0.4 %


0.4 %

Non-GAAP gross margin

56.0 %


57.5 %




Fiscal quarter ending December 31, 2024

(in thousands)

Low


High

GAAP operating expenses

$47,400


$49,400

Stock-based compensation

(3,600)


(3,600)

Purchase accounting intangible amortization

(1,100)


(1,100)

Restructuring and other costs

(2,200)


(2,200)

Non-GAAP operating expenses

$40,500


$42,500




Fiscal quarter ending December 31, 2024


Low


High

GAAP diluted earnings per share range

$(0.15)


$0.05

Stock-based compensation

0.21


0.21

Purchase accounting intangible amortization

0.06


0.06

Restructuring and other costs

0.11


0.11

Non-GAAP tax adjustments

0.09


0.09

Non-GAAP diluted earnings per share

$0.32


$0.52

 

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/faro-announces-third-quarter-financial-results-302297948.html

SOURCE FARO

Contact:
Company Name: FARO
Investor Contacts: FARO Technologies, Inc., Matthew Horwath, Chief Financial Officer
Phone: +1 407-562-5005
Email Contact Sapphire Investor Relations, LLC, Michael Funari or Erica Mannion
Phone: +1 617-542-6180
Email Contact
Financial data for FARO



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8             
Featured Video
Jobs
CAD Engineer for Nvidia at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise