Faro Technologies (NASDAQ: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:

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.