Faro Technologies: Q3 Earnings Insights

Faro Technologies (NASDAQ:FARO) reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Faro Technologies missed their estimated earnings by 116.67%, reporting an EPS of $-0.01 versus an estimate of $0.06, which surprised analysts.

Revenue was up $8,433,000 from the same period last year.

Last quarter the company beat on EPS by $0.02, which was followed by a 0.82% drop in the share price the next day.

Here's a look at Faro Technologies's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.10	0.05	0.13	-0.23
EPS Actual	0.12	-0.03	0.35	-0.08
Revenue Estimate	82.18M	76.11M	79.28M	65.22M
Revenue Actual	82.11M	76.33M	92.95M	70.74M

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