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FARO Technologies Inc. Message Board

  • dontdropyourlunch dontdropyourlunch Nov 3, 2011 1:34 PM Flag

    Conference call inputs?

    I have not yet listened to the conf. call this morning. Would anyone here give a quick update? So far it looks like the results last night have moved the stock up, and the conf. call has had no price impact. Thanks for any help.

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    • No hype, just the facts and reasonable achievable goals for growth at 25% YOY.

      More plans for disruptive products....Like!

      Job postings are regular and now list the consumer domain as a target market. Can they execute for this market? I don't know, but they are aiming high and appear not to have taken their eye off the ball.

      Billion dollar markets:

      1)Laser scanners survey


      3)Fast cheap interferometric line imagers

      4)Laser scanners (handheld) cheap self referencing

      5)Handtool replacement products low cost

      6)Light field technology products ? (just a guess...know nothing about)

      There you go...5 billion in revs assuming an ultra paranoid development team.

      Thanks to the FARO folks for a great quarter!


    • I listened to the call. Just a generally great report card on the financials. News was the Focus 3D laser scanner is now the number 2 product selling at FARO. They have a ton of distributors, which means to me these disty guys are hot to sell the products. I can't recall from memory the top 5 customers, but I remember AirBus, Boeing, LMT (am I wrong?) as three of the five. It is still amazing to me that FARO's top 10 customers are only about 6% of FARO's sales. I don't think even a bread maker has that much of a homogeneous distribution of product sales to customers. I did not hear any issues with manufacturing enough of the Focus 3D laser scanners anymore. I don't recall an analyst asking about it either, so that capacity and/or engineering problems have been solved now. (That did not take long.) The CEO said in answer to a question FARO has not seen much of a response from the competitors on the new Focus 3D laser scanner -- that is so disruptive in the market.

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