FARO is expected to report a 7.5% decline in revenue in Q4 earnings

From StockStory: 2025-02-23 08:03:14

3D measurement and imaging company FARO (NASDAQ:FARO) is set to report earnings tomorrow after market close. Last quarter, FARO beat revenue expectations by 4.5%, with revenues at $82.56 million, down 4.9% year on year. Analysts expect this quarter’s revenue to decline 7.5% to $91.4 million, with adjusted earnings forecasted at $0.40 per share. Peers in the inspection instruments segment like Teledyne and Mirion have reported revenue growth, possibly indicating what to expect. FARO’s stock has been down 12.9% in the past month, with an average analyst price target of $35.

Source: https://stockstory.org/stocks/nasdaq/faro

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Source: https://stockstory.org/stock-pick-l/5f0e5f41-34d7-49a6-93bd-f30e457ef8ed



Read more at StockStory: FARO (FARO) Q4 Earnings Report Preview: What To Look For