FARO Reports Third Quarter 2019 Financial Results

 

 

FARO TECHNOLOGIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(UNAUDITED)



Three Months Ended


Nine Months Ended

(in thousands)

September 30,
2019


September 30,
2018


September 30,
2019


September 30,
2018

Net loss

$

(6,199)


$

(2,488)


$

(12,452)


$

(828)

Currency translation adjustments

(5,646)


(4,911)


(5,947)


(9,074)

Comprehensive loss

$

(11,845)


$

(7,399)


$

(18,399)


$

(9,902)

 

 

FARO TECHNOLOGIES, INC. AND SUBSIDIARIES

UNAUDITED SUPPLEMENTAL SALES DATA




Three Months Ended


Nine Months Ended

(sales in thousands)


September 30,
2019


September 30,
2018


% Change


September 30,
2019


September 30,
2018


% Change

Reporting Segments













3D Manufacturing (1)


$

56,017


$

64,182


(12.7)

%


$

171,586


$

190,584


(10.0)

%

Construction BIM (2)


23,884


23,710


0.7

%


73,485


69,994


5.0

%

Emerging Verticals (3)


10,615


11,813


(10.1)

%


32,553


30,205


7.8

%

Total


$

90,516


$

99,705


(9.2)

%


$

277,624


$

290,783


(4.5)

%




















(1)

The 3D Manufacturing reporting segment contains our 3D Manufacturing vertical

(2)

The Construction BIM reporting segment contains our Construction BIM vertical

(3)

The Emerging Verticals reporting segment includes our 3D Design, Public Safety Forensics, and Photonics verticals


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Reviews:
Review Article
  • Study July 15, 2020
    Reviewed by 'James Shaws'
    The financial results of the FARO are showing that everything is going very great. I am glad to see the huge profit growth of this company. One needs to visit edubirdie.net/blog/is-edubirdie-legal-or-cheating source to know is edubirdie legit to use. It is impressive that this company has survived the coronavirus pandemic.

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