Faro Technologies (FARO) Misses Q4 EPS by 11c, Revenues Miss
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FARO Reports Fourth Quarter and Fiscal Year 2018 Financial Results
February 19, 2019 4:05 PM ESTLAKE MARY, Fla., Feb. 19, 2019 /PRNewswire/ -- FARO® (NASDAQ: FARO), the world's most trusted source for 3D measurement and imaging solutions for 3D manufacturing, construction BIM, 3D design, public safety forensics, and photonics applications, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2018.
"In 2018, we achieved $425 million in new order bookings, up 12.8 percent year-over-year, and crossed the $400 million milestone in annual sales for the first time in the Company's history," stated Dr. Simon Raab, President and Chief Executive Officer. "We executed on our strategic sales... More
