Faro Technologies FARO reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Faro Technologies beat estimated earnings by 62.5%, reporting an EPS of $-0.03 versus an estimate of $-0.08.
Revenue was down $2.19 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.17 which was followed by a 20.94% drop in the share price the next day.
Here's a look at Faro Technologies's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.03 | 0.49 | 0.06 | 0.10 |
EPS Actual | -0.14 | 0.48 | -0.01 | 0.12 |
Revenue Estimate | 84.22M | 103.02M | 82.94M | 82.18M |
Revenue Actual | 76.66M | 100.20M | 79.17M | 82.11M |
To track all earnings releases for Faro Technologies visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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