Faro Technologies Q3 2023 Adj EPS $0.02 Beats $(0.24) Estimate, Sales $86.81M Beat $80.26M Estimate
Portfolio Pulse from vinayak@benzinga.com
Faro Technologies reported Q3 2023 earnings of $0.02 per share, beating the analyst consensus estimate of $(0.24) by 108.33%. This is a 33.33% decrease from the same period last year. The company also reported quarterly sales of $86.81 million, beating the analyst consensus estimate of $80.26 million by 8.16%. This is a 1.74% increase from the same period last year.
November 01, 2023 | 9:50 pm
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Faro Technologies reported better than expected Q3 2023 earnings and sales, which could positively impact the stock price in the short term.
Faro Technologies reported Q3 2023 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100