Education
About Us
Working with TipRanks
Follow Us
Faro Technologies (FARO)
NASDAQ:FARO
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.24Last Year’s EPS
0.18Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: 61.36%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Positive
FARO Technologies showed strong performance in Q1 2025, exceeding targets and achieving significant growth in EBITDA and non-GAAP EPS. The company launched several successful new products and formed strategic partnerships, signaling positive future growth. However, challenges with tariff uncertainties and a decline in revenue in the Americas were noted. Overall, the company is well-positioned to manage these challenges with strategic initiatives in place.Company Guidance
In the first quarter of 2025, FARO Technologies reported revenue of $82.9 million, which was at the upper end of their guidance range. The company achieved non-GAAP gross margins of 57.7%, surpassing the high end of their guidance range, while non-GAAP operating expenses were $38.5 million, at the low end of their guidance. The company generated $0.33 of non-GAAP EPS, marking the highest Q1 in its history and the eighth consecutive quarter of exceeding expectations. FARO also reported $12.5 million in EBITDA, representing a 124% increase year-over-year, and maintained positive operating cash flow for the sixth consecutive quarter. Despite a challenging macroeconomic environment, including tariff uncertainties, FARO's strategic initiatives, such as product launches and partnerships, contributed to a 6% year-over-year increase in net orders during the quarter. The company remains focused on its long-term strategy and is confident in its ability to drive shareholder value through continued operational excellence and strategic growth initiatives.Exceeding Targets
FARO Technologies exceeded all targets in Q1 2025, with revenue of $82.9 million, non-GAAP gross margins of 57.7%, and non-GAAP operating expenses of $38.5 million. Non-GAAP EPS reached $0.33, the highest Q1 in company history.
Significant EBITDA Growth
EBITDA for Q1 2025 was $12.5 million, representing 124% year-over-year growth and an 840 basis point expansion.
Product Refresh and New Launches
FARO launched several new products, including Leap ST and Blink, which have seen strong early market reception, contributing to revenue growth in Q1.
Strategic Partnerships
Two major global partnership agreements were signed, each expected to contribute low eight figures in revenue annually.
FARO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FARO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 24, 2025 | $26.40 | $31.23 | +18.30% |
Feb 24, 2025 | $27.07 | $31.76 | +17.33% |
Nov 06, 2024 | $18.83 | $25.70 | +36.48% |
Aug 08, 2024 | $14.41 | $15.17 | +5.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Faro Technologies (FARO) report earnings?
Faro Technologies (FARO) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Faro Technologies (FARO) earnings time?
Faro Technologies (FARO) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FARO EPS forecast?
FARO EPS forecast for the fiscal quarter 2025 (Q2) is 0.24.