Faro Technologies Q2 EPS $(0.14) Beats $(0.40) Estimate, Sales $88.21M Beat $81.56M Estimate
Portfolio Pulse from vinayak@benzinga.com
Faro Technologies reported Q2 losses of $(0.14) per share, beating the analyst consensus estimate of $(0.40) by 65%. The company also reported quarterly sales of $88.21 million, beating the analyst consensus estimate of $81.56 million by 8.15%. This represents a 10.38% increase over sales from the same period last year.
August 04, 2023 | 12:08 pm
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POSITIVE IMPACT
Faro Technologies reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Faro Technologies reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100