FARO Reports Second Quarter 2019 Financial Results

 

 

FARO TECHNOLOGIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(UNAUDITED)



Three Months Ended


Six Months Ended

(in thousands)

June 30, 2019


June 30, 2018


June 30, 2019


June 30, 2018

Net (loss) income

$

(6,405)



$

1,205



$

(6,253)



$

1,660


Currency translation adjustments

1,263



(9,377)



(301)



(4,163)


Comprehensive loss

$

(5,142)



$

(8,172)



$

(6,554)



$

(2,503)


 

FARO TECHNOLOGIES, INC. AND SUBSIDIARIES

UNAUDITED SUPPLEMENTAL DATA




Three Months Ended


Six Months Ended

(sales in thousands)


Q2 2019
Sales


Q2 2018
Sales


% Change


Q2 2019
Sales


Q2 2018
Sales


% Change

Reporting Segments













3D Manufacturing(1)


$

59,002



$

63,989



(7.8)

%


$

115,569



$

124,646



(7.3)

%

Construction BIM(2)


24,161



23,567



2.5

%


49,600



46,249



7.2

%

Emerging Verticals(3)


10,328



10,688



(3.4)

%


21,939



20,183



8.7

%

Total


$

93,491



$

98,244



(4.8)

%


$

187,108



$

191,078



(2.1)

%


(1)   The 3D Manufacturing reporting segment contains solely our 3D Manufacturing vertical.

(2)  The Construction BIM reporting segment contains solely our Construction BIM vertical.

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


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »
Featured Video
Jobs
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Mechanical Engineer 3 for Lam Research at Fremont, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Upcoming Events
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
BI2025 - 13th Annual Building Innovation Conference at Ritz-Carlton Tysons Corner McLean VA - May 19 - 21, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise