FARO Reports Fourth Quarter and Fiscal Year 2018 Financial Results
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Craig-Hallum Downgrades Faro Technologies (FARO) to Hold
February 21, 2019 8:44 AM ESTCraig-Hallum analyst Greg Palm downgraded Faro Technologies (NASDAQ: FARO) from Buy to Hold with a price target of $44.00.
Palm said near term growth and margin targets are becoming increasing uncertain given macro, competition and increased costs.
For an analyst ratings summary... More
Faro Technologies (FARO) PT Raised to $48 at Baird
February 21, 2019 8:40 AM ESTBaird analyst Richard Eastman raised the price target on Faro Technologies (NASDAQ: FARO) to $48.00 (from $45.00) while maintaining a Neutral rating following the company's 4Q. FARO reported EPS was $0.33 versus consensus' $0.42 estimate. Sales of $113M were also below consensus' $118M.
Baird adjust CY19/20 estimates to $1.25/$1.90... More
Gabelli Upgrades Faro Technologies (FARO) to Buy
February 20, 2019 5:02 PM ESTGabelli analyst Hendi Susanto upgraded Faro Technologies (NASDAQ: FARO) from Hold to Buy.
The analyst the valuation as attractive and have a positive view on its growth execution and initiatives toward operating margin improvement in 2019.
For an analyst ratings summary and... More
Faro Technologies (FARO) Misses Q4 EPS by 11c, Revenues Miss
February 19, 2019 4:28 PM ESTFaro Technologies (NASDAQ: FARO) reported Q4 EPS of $0.33, $0.11 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $112.84 million versus the consensus estimate of $118.59 million.
"In 2018, we achieved $425 million in new order bookings, up 12.8 percent year-over-year, and crossed the $400... More
