Faro Technologies (NASDAQ:FARO) reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Faro Technologies missed estimated earnings by 2.04%, reporting an EPS of $0.48 versus an estimate of $0.49.
Revenue was up $7.25 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.07, which was followed by a 0.34% increase in the share price the next day.
Here’s a look at Faro Technologies’s past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.10 | 0.05 | 0.13 |
| EPS Actual | -0.01 | 0.12 | -0.03 | 0.35 |
| Revenue Estimate | 82.94M | 82.18M | 76.11M | 79.28M |
| Revenue Actual | 79.17M | 82.11M | 76.33M | 92.95M |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
