FARO Technologies (NASDAQ:FARO) Releases Q1 2025 Earnings Guidance

FARO Technologies (NASDAQ:FARO) updated its first quarter 2025 earnings guidance on Monday. The company provided earnings per share guidance of 0.100-0.300 for the period, compared to the consensus earnings per share estimate of 0.090. The company issued revenue guidance of $77.0 million-$85.0 million, compared to the consensus revenue estimate of $80.8 million.

FARO Technologies Trading Up 17.3 %

Shares of FARO opened at $31.76 on Wednesday. The stock has a market capitalization of $600.80 million, a P/E ratio of -90.74 and a beta of 1.40. FARO Technologies has a twelve month low of $13.52 and a twelve month high of $32.90. The company has a quick ratio of 1.83, a current ratio of 2.17 and a debt-to-equity ratio of 0.27. The firm has a fifty day simple moving average of $28.46 and a two-hundred day simple moving average of $23.28.

FARO Technologies (NASDAQ:FARO) last posted its earnings results on Monday, February 24th. The scientific and technical instruments company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.10. The company had revenue of $93.54 million during the quarter, compared to analyst estimates of $91.40 million. FARO Technologies had a negative net margin of 1.87% and a negative return on equity of 2.49%. During the same period in the prior year, the business posted $0.36 earnings per share.

Analyst Ratings Changes

FARO has been the topic of several research analyst reports. Craig Hallum boosted their target price on FARO Technologies from $30.00 to $33.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Needham & Company LLC boosted their price objective on shares of FARO Technologies from $34.00 to $37.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, StockNews.com raised shares of FARO Technologies from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 12th.

Insiders Place Their Bets

In related news, Director Yuval Wasserman sold 5,658 shares of FARO Technologies stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $31.35, for a total transaction of $177,378.30. Following the sale, the director now directly owns 153,512 shares in the company, valued at $4,812,601.20. The trade was a 3.55 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.10% of the company’s stock.

About FARO Technologies

FARO Technologies, Inc designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions worldwide. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to position components; FARO Laser Scanning Portfolio to measure and collect a cloud of data points for 3D rendering of an object or area; and FARO Mobile Laser Portfolio provides 3D scanning while attached to other mobile devices, such as drones for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications.