Faro Technologies, Inc. (FARO) Reports In-Line Q2 EPS

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Go back to Faro Technologies, Inc. (FARO) Reports In-Line Q2 EPS

FARO Reports Second Quarter 2015 Financial Results

July 29, 2015 4:06 PM EDT

LAKE MARY, Fla., July 29, 2015 /PRNewswire/ -- FARO Technologies, Inc. (NASDAQ: FARO) today announced its financial results for the second quarter ended June 27, 2015. 

FARO's second quarter 2015 sales of $83.8 million were up 2.1% from $82.1 million in the second quarter of 2014.  Excluding approximately $8.4 million of unfavorable foreign exchange impacts, sales would have increased approximately 12% over the same period of 2014.  Net income decreased by $2.2 million, or 34.5%, to $4.1 million, or $0.24 per share, in the second quarter of 2015 from $6.3 million, or $0.36 per share,... More

FARO Names Laura A. Murphy Chief Financial Officer

July 29, 2015 4:00 PM EDT

LAKE MARY, Fla., July 29, 2015 /PRNewswire/ -- FARO Technologies, Inc. (NASDAQ: FARO) today announced that Laura A. Murphy has been appointed Senior Vice President and Chief Financial Officer, effective August 10, 2015. 

Ms. Murphy previously served as Vice President Finance Healthcare Compliance Solutions of Stericycle, Inc., a global provider of regulated and compliance solutions to healthcare and commercial businesses, where she also previously served as Vice President, International & Corporate Finance.  Prior to Stericycle, Ms. Murphy was Vice President and CFO of... More