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Stock impact report

FARO Technologies, Inc. (NASDAQ:FARO) Analysts Are Pretty Bullish On The Stock After Recent Results [Yahoo! Finance]

FARO Technologies, Inc. (FARO) 
Last faro technologies, inc. earnings: 4/28 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: faro.com/about-faro/investor-relations
Company Research Source: Yahoo! Finance
Results overall were credible, with revenues arriving 3.9% better than analyst forecasts at US$84m. Higher revenues also resulted in lower statutory losses, which were US$0.38 per share, some 3.9% smaller than the analysts expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. See our latest analysis for FARO Technologies Taking into account the latest results, FARO Technologies' two analysts currently expect revenues in 2024 to be US$364.3m, approximately in line with the last 12 months. Losses are predicted to fall substantially, shrinking 66% to US$0.75. Before this earnings announcement, the analysts had been modelling revenues of US$364.2m and losses of US$0.75 per share in 2024. The consensus p Show less Read more
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