FARO Technologies Expects Q1 Revenue Of $77M-$85M, Est $81.37M; Adj Loss Per Share Of ($0.20)-$0.00, Est $(0.10)
Portfolio Pulse from Benzinga Newsdesk
FARO Technologies projects Q1 revenue to be between $77M-$85M, with an estimated average of $81.37M. The company also anticipates an adjusted loss per share ranging from ($0.20) to $0.00, compared to the estimated $(0.10).

February 27, 2024 | 11:39 pm
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FARO Technologies expects Q1 revenue of $77M-$85M, with an estimated average of $81.37M, and an adjusted loss per share of ($0.20) to $0.00, against an estimated $(0.10).
FARO's projected revenue range aligns closely with analyst estimates, suggesting a neutral to slightly positive outlook. However, the wider range for adjusted loss per share, including a potential worse-than-expected loss, introduces uncertainty. This mixed outlook leads to a neutral score, with high relevance due to the direct impact on FARO's financial performance. The importance is high as earnings projections significantly influence investor sentiment and stock price. Confidence is high due to the clear financial projections provided by the company.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100