Craft
FARO Technologies

FARO Technologies

Stock Price

$26.4

2023-02-24

Market Capitalization

$495.6 M

2023-02-24

Revenue

$345.8 M

FY, 2022

FARO Technologies Summary

Company summary

Overview
FARO Technologies is a company that designs, develops, manufactures, markets, and supports software driven, 3D measurement, imaging, and realization solutions. Its products are used for inspecting components and assemblies, production planning, documenting large volume spaces or structures in 3D, surveying, and construction as well as for investigation and reconstruction of accident sites or crime scenes. The company serves aerospace, defense, law enforcement, shipbuilding, automotive, and other industries.
Type
Public
Status
Active
Founded
1981
HQ
Lake Mary, FL, US | view all locations
Website
https://www.faro.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key people

  • Michael D. Burger

    Michael D. Burger, President, Chief Executive Officer, Director

  • Allen Muhich

    Allen Muhich, Chief Financial Officer

  • Brooke Blake

    Brooke Blake, VP, Internal Audit & Compliance, Chief Sustainability Officer

  • Ann Hewitt

    Ann Hewitt, Senior Vice President & Chief Information Officer

Operating MetricsView all

Purchase Commitments to be Delivered Within One Year

$42M
5.0%

FY, 2022

Purchase Commitments to be Delivered After One Year

$23.9M
262.1%

FY, 2022

Twelve-Month Backlog

$11.6M
9.4%

FY, 2022

LocationsView all

29 locations detected

  • Lake Mary, FL HQ

    United States

    250 Technology Park

  • Exton, PA

    United States

    290 National Rd

  • South Brisbane, QLD

    Australia

    1/12 Cordelia St

  • Cotia, SP

    Brazil

    R. San José, 360 - Parque Industrial San José

  • Westmount, QC

    Canada

    4999 Sainte-Catherine St. West, Suite 308

  • Beijing, Beijing Shi

    China

    Unit 1001-1003, East Ocean Center, 24A Jianguomen Wai Street

and 23 others

FARO Technologies Financials

Summary financials

Revenue (FY, 2022)
$345.8M
Gross profit (FY, 2022)
$175.8M
Net income (FY, 2022)
($26.8M)
Cash (FY, 2022)
$37.8M
EBIT (FY, 2022)
($24.9M)
Enterprise value
$478.1M

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