Faro Technologies (FARO) Misses Q1 EPS by 29c; Guides Lower

Faro Technologies (NASDAQ: FARO) reported Q1 EPS of ($0.38), $0.29 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $85 million versus the consensus estimate of $83.96 million.

GUIDANCE:

Faro Technologies sees Q2 2023 EPS of ($0.47)-($0.22), versus the consensus of ($0.04). Faro Technologies sees Q2 2023 revenue of $79-87 million, versus the consensus of $88.65 million.

For earnings history and earnings-related data on Faro Technologies (FARO) click here.

You May Also Be Interested In

• ​Trump said he was unaware of his earnings from crypto
• AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
• Berenberg Starts Brooks Macdonald Group PLC (BRK:LN) at Buy