Faro Technologies (FARO) Misses Q4 EPS by $1.01
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FARO Reports Fourth Quarter and Fiscal Year 2017 Financial Results
February 21, 2018 4:10 PM ESTLAKE MARY, Fla., Feb. 21, 2018 /PRNewswire/ -- FARO® (NASDAQ: FARO), the world's most trusted source for 3D measurement and imaging solutions for factory metrology, 3D machine vision, construction BIM-CIM, product design, and public safety forensics, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2017.
Quarterly sales of $106.4 million, up 16.1% year-over-year Construction BIM-CIM segment quarterly sales of $25.8 million, up 47.2% year-over-year Strengthened gross margin to 58.3% for the quarter Increased operating margin to 8.6% for the quarter... More