Company FARO Technologies, Inc.

Equities

FARO

US3116421021

Electronic Equipment & Parts

Market Closed - Nasdaq 21:00:00 26/04/2024 BST 5-day change 1st Jan Change
18.92 USD +2.55% Intraday chart for FARO Technologies, Inc. +1.12% -16.02%

Business Summary

FARO Technologies, Inc. is a global technology company. The Company designs, develops, manufactures, markets and supports software driven, three-dimensional (3D) measurement, imaging, and realization solutions for the manufacturing, architecture, engineering and construction (AEC), operations and maintenance (O&M) and public safety analytics markets. The Company enables its customers to capture, measure, manipulate, interact with and share four-dimensional (4D), 3D and two-dimensional (2D) data from the physical world in a virtual environment and then translate this information back into the physical domain. The Company's FARO suite of 3D products and software solutions are used for inspection of components and assemblies, rapid prototyping, reverse engineering and various others. Its products include FaroArm Portfolio, FARO Laser Tracker, FARO Laser Scanning Portfolio and FARO Mobile Laser Portfolio. Its software includes FARO Sphere XG, CAM2, BuildIT Metrology and BuildIT Projector.

Number of employees: 1,243

Sales per Business

USD in Million2022Weight2023Weight Delta
CAD-based Quality Assurance Products
77.6 %
265 76.7 % 279 77.6 % +5.01%
Service
22.4 %
80 23.3 % 80 22.4 % -0.28%

Sales per region

USD in Million2022Weight2023Weight Delta
United States and Canada
41.4 %
137 39.7 % 149 41.4 % +8.35%
EMEA-Other
16.8 %
57 16.4 % 60 16.8 % +6.45%
Germany
13.4 %
41 12.0 % 48 13.4 % +15.59%
China
9.6 %
43 12.5 % 34 9.6 % -20.15%
Asia-Other
7.7 %
28 8.2 % 28 7.7 % -2.32%
Japan
5.9 %
22 6.3 % 21 5.9 % -2.59%
Americas-Other
5.2 %
17 5.0 % 19 5.2 % +8.09%

Managers

Managers TitleAgeSince
Chief Executive Officer 44 23/07/23
Chairman 69 10/12/17
Chief Tech/Sci/R&D Officer - 31/12/13
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - 31/01/20
Sales & Marketing - 31/12/20
Sales & Marketing - 31/12/18
Human Resources Officer - 30/06/21
Corporate Officer/Principal - -
Corporate Officer/Principal - 31/07/22

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 30/01/08
Director/Board Member 66 30/06/09
Director/Board Member 66 30/09/21
Chairman 69 10/12/17
Director/Board Member 57 30/09/21
Director/Board Member 59 16/03/21
Director/Board Member 57 24/07/22
Director/Board Member 44 31/01/23
Chief Executive Officer 44 23/07/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 20,345,518 18,197,814 ( 89.44 %) 1,376,220 ( 6.764 %) 89.44 %

Shareholders

NameEquities%Valuation
Divisar Capital Management LLC
8.693 %
1,649,087 8.693 % 35 M $
Vanguard Fiduciary Trust Co.
8.042 %
1,525,424 8.042 % 33 M $
BlackRock Advisors LLC
7.254 %
1,376,117 7.254 % 30 M $
Morgan Stanley Investment Management, Inc.
4.148 %
786,838 4.148 % 17 M $
Polar Asset Management Partners, Inc.
3.554 %
674,096 3.554 % 14 M $
D.E. Shaw & Co., Inc.
3.421 %
648,875 3.421 % 14 M $
Royce & Associates LP
3.418 %
648,389 3.418 % 14 M $
Pinnacle Associates Ltd.
2.758 %
523,118 2.758 % 11 M $
Millennium Management LLC
2.723 %
516,581 2.723 % 11 M $
Kent Lake Capital LLC
2.453 %
465,303 2.453 % 10 M $

Company contact information

FARO Technologies, Inc.

125 Technology Park

32746, Lake Mary

+407 333 9911

http://www.faro.com
address FARO Technologies, Inc.(FARO)
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