FARO TECHNOLOGIES, INC. AND SUBSIDIARIES
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| Fiscal quarter ending March 31, 2024 | ||
|
| Low |
| High |
GAAP gross margin | 49.0 % |
| 50.5 % |
Stock-based compensation | 0.5 % |
| 0.5 % |
Non-GAAP gross margin | 49.5 % |
| 51.0 % |
|
| Fiscal quarter ending March 31, 2024 | ||
(in thousands) | Low |
| High |
GAAP operating expenses | $47,500 |
| $49,500 |
Stock-based compensation | (3,300) |
| (3,300) |
Purchase accounting intangible amortization | (1,200) |
| (1,200) |
Restructuring and other costs | (2,000) |
| (2,000) |
Non-GAAP operating expenses | $41,000 |
| $43,000 |
|
| Fiscal quarter ending March 31, 2024 | ||
|
| Low |
| High |
GAAP diluted loss per share range | $(0.66) |
| $(0.46) |
Stock-based compensation | 0.19 |
| 0.19 |
Purchase accounting intangible amortization | 0.06 |
| 0.06 |
Restructuring and other costs | 0.11 |
| 0.11 |
Non-GAAP tax adjustments | 0.10 |
| 0.10 |
Non-GAAP diluted loss per share | $(0.20) |
| $0.00 |
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SOURCE FARO
| Contact: |
| Company Name: FARO
FARO Technologies, Inc., Matthew Horwath, Chief Financial Officer Phone: +1 407-562-5005 Email Contact Sapphire Investor Relations, LLC, Michael Funari or Erica Mannion Phone: +1 617-542-6180 Email Contact Financial data for FARO |
