Faro Technologies: Q2 Earnings Snapshot
By AP News
Published - Aug 08, 2024, 05:04 PM ET
Last Updated - Aug 08, 2024, 05:04 PM EDT
LAKE MARY, Fla. (AP) — LAKE MARY, Fla. (AP) — Faro Technologies Inc. (FARO) on Thursday reported a loss of $524,000 in its second quarter.
The Lake Mary, Florida-based company said it had a loss of 3 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 18 cents per share.
The computer-aided measurement and imaging devices and software company posted revenue of $82.1 million in the period.
For the current quarter ending in September, Faro Technologies expects its results to range from a loss of 1 cent per share to earnings of 19 cents per share.
