FARO Reports Fourth Quarter and Fiscal Year 2018 Financial Results
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February 21, 2019 8:44 AM EST
Craig-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
February 21, 2019 8:40 AM EST
Baird 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
February 20, 2019 5:02 PM EST
Gabelli 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
February 19, 2019 4:28 PM EST
Faro 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
