FARO Q1 Revenue Down 24% to $77M with $10M Loss

FARO has announced its financial results for the first quarter ended March 31, 2022. Revenue for the first quarter of 2022 was $76.6M, compared to $100.2M for the fourth quarter of 2021. Net loss was $9.6M.

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

For 40 years, FARO has provided industry-leading technology solutions that enable customers to quickly and easily measure their world, and then use that data to make smarter decisions faster. FARO continues to be a pioneer in bridging the digital and physical worlds through data-driven reliable accuracy, precision and immediacy.

More information is available at www.faro.com.