FARO Q2 Revenue Down 24% to $61M with $9M Loss

FARO has announced its financial results for the second quarter ended June 30, 2020. Revenue for the second quarter of 2020 was $60.5M, compared to $79.5M for the first quarter of 2020. Net loss was $8.9M.

Comparative analysis based on FARO’s financial results in the last 12 quarters (Result source FARO website)

Comparative analysis based on FARO’s financial results in the last 12 quarters (Result source FARO website)

A complete chart of the financial results is available here.

About FARO

FARO is a leading global source for 3D measurement and imaging solutions for 3D metrology, architecture, engineering, and construction, and public safety analytics applications. The company develops and markets computer-aided measurement and imaging devices and software enabling customers to easily and accurately connect the physical world to the virtual world.

More information is available at www.faro.com.

Leave a Reply

Your email address will not be published.