Faro Technologies: Q4 Earnings Snapshot
By AP News
Published - Feb 15, 2023, 05:09 PM ET
Last Updated - Jun 22, 2023, 09:27 PM EDT
LAKE MARY, Fla. (AP) — LAKE MARY, Fla. (AP) — Faro Technologies Inc. (FARO) on Wednesday reported a loss of $2.2 million in its fourth quarter.
On a per-share basis, the Lake Mary, Florida-based company said it had a loss of 12 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 38 cents per share.
The computer-aided measurement and imaging devices and software company posted revenue of $103.9 million in the period.
For the year, the company reported that its loss narrowed to $26.8 million, or $1.46 per share. Revenue was reported as $345.8 million.
