Faro Technologies: 3Q Earnings Snapshot
LAKE MARY, Fla. (AP) _ Faro Technologies Inc. (FARO) on Wednesday reported a loss of $6.2 million in its third quarter.
On a per-share basis, the Lake Mary, Florida-based company said it had a loss of 36 cents. Losses, adjusted for non-recurring costs, were 1 cent per share.
The computer-aided measurement and imaging devices and software company posted revenue of $90.5 million in the period.
Faro Technologies shares have climbed 15% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $46.76, a decline of 7% in the last 12 months.