Industry News

FARO Q2 Revenue Up 15% to $88M with $28M Loss

FARO has announced its financial results for the second quarter ended June 30, 2023. Revenue for the second quarter of 2022 was $88.2M, compared to $76.6M for the first quarter of 2022. Net loss was $28.2M.

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.