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Stock impact report

Faro Technologies Inc (FARO) Reports Mixed 2023 Financial Results with Strong Cash Flow Performance [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
Q4 GAAP EPS : $0.08, with a non-GAAP EPS of $0.36, both exceeding guidance. Full Year Net Loss : $56.6 million, compared to a net loss of $26.8 million in the prior year. Adjusted EBITDA : $13.2 million in Q4, a 12% increase year over year. Cash Flow : Positive Q4 and FY2023 cash flow from operations, with $18.7 million generated in Q4. Outlook for Q1 2024 : Revenue expected to be between $77 to $85 million with a potential net loss per share. Warning! GuruFocus has detected 4 Warning Signs with FARO. On February 27, 2024, Faro Technologies Inc ( NASDAQ:FARO ), a global leader in 4D digital reality solutions, released its 8-K filing , detailing the financial results for the fourth quarter and full year ended December 31, 2023. FARO's suite of 3D products and software solutions are utilized across various industries for inspection, prototyping, reverse engineering, and more. Financial Performance and Challenges FARO's fourth quarter saw a slight decrease in revenue yea Show less Read more
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