Faro Technologies (FARO) Misses Q3 EPS by 6c

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FARO Reports Third Quarter 2018 Financial Results

October 31, 2018 4:05 PM EDT

LAKE MARY, Fla., Oct. 31, 2018 /PRNewswire/ -- FARO® (NASDAQ: FARO), the world's most trusted source for 3D measurement and imaging solutions for 3D factory, construction BIM, 3D design, public safety forensics, and photonics applications, today announced its financial results for the third quarter and nine months ended September 30, 2018. Highlights from the first nine months of 2018 results included:

Continued our double-digit year-over-year sales growth at 14.3% year-to-date Decreased operating expenses as a percentage of sales by 1.1 pts. Continued our new product drumbeat with 14 new product releases Increased... More