Faro Technologies: Q2 Earnings Snapshot
LAKE MARY, Fla. (AP) — LAKE MARY, Fla. (AP) — Faro Technologies Inc. (FARO) on Wednesday reported a loss of $28.2 million in its second quarter.
On a per-share basis, the Lake Mary, Florida-based company said it had a loss of $1.49. Losses, adjusted for non-recurring costs and stock option expense, were 14 cents per share.
The computer-aided measurement and imaging devices and software company posted revenue of $88.2 million in the period.
For the current quarter ending in September, Faro Technologies expects its results to range from a loss of 35 cents per share to a loss of 10 cents per share.
The company said it expects revenue in the range of $76 million to $84 million for the fiscal third quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FARO at https://www.zacks.com/ap/FARO
