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FARO Technologies Inc (FARO.OQ)

FARO.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Faro Appoints Allen Muhich As Chief Financial Officer
Tuesday, 16 Jul 2019 04:46pm EDT 

July 16 (Reuters) - FARO Technologies Inc ::FARO® APPOINTS ALLEN MUHICH AS CHIEF FINANCIAL OFFICER.FARO TECHNOLOGIES INC - MUHICH WILL SUCCEED ROBERT SEIDEL.FARO TECHNOLOGIES - SEIDEL WILL CONTINUE TO SERVE AS CFO OF COMPANY UNTIL JULY 25.  Full Article

Faro Technologies - On July 15,Submitted Report To GSA & Office Of Inspector General Findings Of Review Conducted By Co's Outside Legal Counsel
Monday, 15 Jul 2019 04:41pm EDT 

July 15 (Reuters) - FARO Technologies Inc ::FARO TECHNOLOGIES - ON JULY 15,SUBMITTED REPORT TO GSA & OFFICE OF INSPECTOR GENERAL FINDINGS OF REVIEW CONDUCTED BY CO'S OUTSIDE LEGAL COUNSEL.FARO TECHNOLOGIES - BASED ON RESULTS OF REVIEW, CO HAS REDUCED TOTAL SALES FOR Q2 2019 BY INCREMENTAL $5.8 MILLION SALES ADJUSTMENT.FARO TECHNOLOGIES - Q2 2019 SALES ADJUSTMENT, REFLECTS ESTIMATED OVERCHARGE OF $10.6 MILLION UNDER CONTRACTS FOR PERIOD FROM JULY 2011 TO MARCH 2019.FARO TECHNOLOGIES - RECORDED INCREMENTAL $0.4 MILLION OF IMPUTED INTEREST RELATED TO ESTIMATED CUMULATIVE SALES ADJUSTMENT IN Q2 2019.FARO TECHNOLOGIES - Q2 2019 IMPUTED INTEREST OF $0.4 MILLION INCREASED OTHER EXPENSE, RESULTED IN $6.2 MILLION INCREASE IN ESTIMATED TOTAL LIABILITY FOR GSA MATTER.  Full Article

Faro Technologies Says Simon Raab Retired As CEO On June 17
Wednesday, 19 Jun 2019 04:37pm EDT 

June 19 (Reuters) - FARO Technologies Inc ::FARO TECHNOLOGIES - ON JUNE 16 SIMON RAAB RETIRED FROM POSITION AS PRESIDENT AND CEO OF CO AND AS MEMBER OF BOARD - SEC FILING.FARO TECHNOLOGIES - ON JUNE 17, BOARD APPOINTED MICHAEL BURGER TO CO'S BOARD OF DIRECTORS, EFFECTIVE IMMEDIATELY.  Full Article

FARO Reports Q1 Earnings Per Share $0.01
Wednesday, 1 May 2019 04:15pm EDT 

May 1 (Reuters) - FARO Technologies Inc ::FARO REPORTS FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $0.01.Q1 SALES $93.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF $101.8 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.08 -- REFINITIV IBES DATA.MICHAEL BURGER WILL ASSUME DUTIES AS PRESIDENT AND CEO STARTING JUNE 17TH.RESTRUCTURING OF SALES FORCE WAS NEEDED TO HELP ENSURE ALL PRODUCTS WERE ADEQUATELY REPRESENTED.CONTINUES TO MAINTAIN STRONG CAPITAL STRUCTURE WITH HIGH LIQUIDITY AND NO DEBT.AS OF MARCH 31, 2019, CASH AND SHORT-TERM INVESTMENTS TOTALED $135.5 MILLION.  Full Article

Faro Technologies Q1 Earnings Per Share $0.03
Wednesday, 25 Apr 2018 04:05pm EDT 

April 25 (Reuters) - FARO Technologies Inc ::FARO REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $0.03.Q1 SALES $92.8 MILLION VERSUS I/B/E/S VIEW $92.9 MILLION.Q1 EARNINGS PER SHARE VIEW $0.08 -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE VIEW $0.08, REVENUE VIEW $92.9 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

FARO Reports Q4 Loss Per Share $0.66
Wednesday, 21 Feb 2018 04:10pm EST 

Feb 21 (Reuters) - Faro Technologies Inc ::FARO REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 FINANCIAL RESULTS.Q4 SALES ROSE 16.1 PERCENT TO $106.4 MILLION.Q4 LOSS PER SHARE $0.66.Q4 EARNINGS PER SHARE $0.50 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE VIEW $0.35, REVENUE VIEW $104.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Faro announces acquisition of Dustin Forensics
Wednesday, 15 Nov 2017 05:01pm EST 

Nov 15 (Reuters) - Faro Technologies Inc :Faro® announces acquisition of Dustin Forensics.Faro Technologies Inc says ‍announces acquisition of Dustin Forensics, a digital forensic animation firm based in Adairsville, Georgia.  Full Article

Faro reports Q3 earnings $0.10/shr
Thursday, 26 Oct 2017 04:01pm EDT 

Oct 26 (Reuters) - Faro Technologies Inc :Faro reports third quarter 2017 financial results.Q3 earnings per share $0.10.Q3 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.Q3 sales $90.3 million versus I/B/E/S view $89.3 million.Faro Technologies Inc- ‍new order bookings for Q3 2017 were $90.5 million, an increase of 13.4% from Q3 2016​.  Full Article

Faro Technologies Q2 loss per share $0.22
Tuesday, 1 Aug 2017 04:01pm EDT 

Aug 1 (Reuters) - Faro Technologies Inc :Faro reports q2 2017 financial results and announces the completion of the global reorganization.Q2 loss per share $0.22.Q2 earnings per share view $0.08 -- Thomson Reuters I/B/E/S.Q2 sales $82.7 million versus I/B/E/S view $87.7 million.Faro Technologies Inc - new order bookings for Q2 2017 were $89.0 million, an increase of 9.1%.  Full Article