LAKE MARY, Fla. , Aug. 22, 2023 /PRNewswire/ -- FARO (Nasdaq: FARO), a leading provider of 3D measurement, imaging, and realization solutions, is thrilled to announce its inaugural Signals Conference . The event will take place at the Marriott Lincolnshire Resort, Chicago on October 12 and 13, 2023. The conference will provide attendees with the opportunity to learn how reality capture technology and its data can enable... Read More

LAKE MARY, Fla. , Aug. 2, 2023 /PRNewswire/ -- FARO Technologies, Inc ® (Nasdaq: FARO), a global leader in 3D measurement, imaging, and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced, as required by Nasdaq Stock Market Rules, an equity inducement award to Peter J. Lau , the Company's new President and Chief Executive Officer. In... Read More

Revenue of $88.2 million , up 10% year over year, exceeded expectations Implemented cost reduction activities to realize targeted expense levels in third quarter Significant improvement in cash flow results in positive second quarter Free Cash Flow LAKE MARY, Fla. , Aug. 2, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for... Read More

LAKE MARY, Fla. , July 20, 2023 /PRNewswire/ -- FARO ® Technologies, Inc. (NASDAQ: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, August 2, 2023 , it will release its financial results for the second quarter ended June 30, 2023 . In conjunction with the release, management will host a conference call on Wednesday, August 2, 2023, 2023 at 5:00 p.m. ET. Interested... Read More

Peter Lau to join effective July 24 th , 2023 Yuval Wasserman to continue as Executive Chairman LAKE MARY, Fla. , June 29, 2023 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader of 3D measurement, imaging and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced the appointment of Peter Lau as President and Chief Executive Officer... Read More

LAKE MARY, Fla. , June 6, 2023 /PRNewswire/ -- FARO ® Technologies, Inc . (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced their strategic partnership with HOLOGATE's enterprise division HGXR, developers of high-end extended reality (XR) solutions for training and simulation. For the first time, HGXR systems will integrate state-of-the-art FARO digital scanning technology. The integration will... Read More

NEW YORK , June 2, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Tuesday, June 20 , to coincide with the quarterly rebalance. The U.S. equity markets will be closed on Monday, June 19 in observance of the Juneteenth holiday. The changes ensure each index is more representative of its... Read More

Michael Burger to retire as President and CEO effective July 1 st , 2023 Yuval Wasserman will become Executive Chairman immediately and will assume the position of Chairman and Interim CEO on July 1 st , 2023 LAKE MARY, Fla. , May 3, 2023 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader of 3D measurement, imaging and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public... Read More

LAKE MARY, Fla. , May 3, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the first quarter ended March 31, 2023 . "First quarter revenue remained strong at $85.0 million , growing 11% year-on-year, driven primarily by shipments of our new Focus Premium Laser Scanner," said Michael Burger , President and Chief Executive... Read More

LAKE MARY, Fla. , April 26, 2023 /PRNewswire/ -- FARO ® Technologies, Inc. (NASDAQ: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, May 3, 2023, it will release its financial results for the first quarter ended March 31, 2023. In conjunction with the release, Michael D. Burger, President and Chief Executive Officer, and Allen Muhich, Chief Financial Officer, will... Read More

First Solution in AECO Markets of its Kind LAKE MARY, Fla. , April 4, 2023 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the release of Hybrid Reality Capture™, powered by Flash Technology , a first-of-its-kind solution that delivers faster scanning for... Read More

LAKE MARY, Fla. , Feb. 15, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2022 . "Improving fourth quarter customer demand, with strength in Laser Scanners and the European market, as well as the addition of GeoSLAM resulted in year-on-year revenue growth of 10% to... Read More

LAKE MARY, Fla. , Feb. 7, 2023 /PRNewswire/ -- FARO ® Technologies, Inc. (NASDAQ: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, February 15, 2023, it will release its financial results for the fourth quarter and full year ended December 31, 2022. In conjunction with the release, Michael D. Burger, President and Chief Executive Officer, and Allen Muhich, Chief... Read More

LAKE MARY, Fla. , Jan. 20, 2023 /PRNewswire/ -- FARO® Technologies, Inc. (NASDAQ: FARO) ("FARO") announced today the pricing of $60 million aggregate principal amount of its 5.50% convertible senior notes due 2028 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). FARO expects the offering of the Notes to close on... Read More

LAKE MARY, Fla. , Jan. 19, 2023 /PRNewswire/ -- FARO ® Technologies, Inc. (Nasdaq: FARO) ("FARO") announced that it intends to offer, subject to market conditions and other considerations, $60 million aggregate principal amount of convertible senior notes due 2028 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").... Read More

LAKE MARY, Fla. , Jan. 19, 2023 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader of 3D measurement, imaging and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced the appointment of Jawad Ahsan to its Board of Directors effective February 1, 2023 , the planned retirement of long-time Board member, Stephen Cole , and the... Read More

LAKE MARY, Fla. , Dec. 1, 2022 /PRNewswire/ -- FARO Technologies, Inc . (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the acquisition of SiteScape , an innovator in LiDAR 3D scanning software solutions for the AEC and O&M markets. SiteScape enables LiDAR equipped mobile devices to easily... Read More

LAKE MARY, Fla. , Nov. 8, 2022 /PRNewswire/ -- FARO ® Technologies, Inc . (NASDAQ: FARO), a global leader in 4D digital reality solutions, today announced the release of a new edition of FARO Zone 3D Software to the public safety market, equipping crime, crash, fire, and security professionals with critical new capabilities... Read More

FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the third quarter ended September 30, 2022 . "Customer demand across our served markets remained healthy, with revenue on a constant currency basis of $91.5 million , increasing 14% year on year and up 9% sequentially. Due to continued strengthening of the US dollar, sales on an actual currency... Read More

FARO ® Technologies, Inc. (NASDAQ: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, November 2, 2022, it will release its financial results for the third quarter ended September 30, 2022. In conjunction with the release, Michael D. Burger, President and Chief Executive Officer, and Allen Muhich, Chief Financial Officer, will host a conference call on Wednesday,... Read More

New Scanner Opens the Door for More Applications FARO ® Technologies, Inc . (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the release of the FARO ® Focus Core Laser Scanner. The new Focus Core broadens the Focus family's potential range of applications by providing the ideal combination of... Read More