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Faro Technologies Inc   (FARO)
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Faro Technologies Inc's ROI from its fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Investment, Quarterly Results, Trends, Rankings, Statistics

What is Faro Technologies Inc's ROI in the fourth quarter of 2023?
Faro Technologies Inc recorded a cumulative net loss of $-57 million during 12 months ending in the fourth quarter of 2023, resulting in a negative return on investment (ROI) of -16.06%.

Within the Technology sector 234 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Dec 31 2023 quarter, so far to 1738, from total ROI ranking in the third quarter of 2023 at 2945.

Definition and Formula of Return on Investment


Return On Investment (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Investment Change -5.47 % -4.22 % 0.07 % 2.04 % -
Y / Y Net Income Change - - - - -
Investment (TTM) in Millions 347 336 349 377 367
Return On Investment (TTM) -16.06 % -16.9 % -16.04 % -10.59 % -7.45 %
FARO's Overall Ranking # 1738 # 2945 # 3425 # 1661 # 3354
Seq. Investment Change 3.36 % -3.83 % -7.5 % 2.81 % 4.73 %
Seq. Net Income Change - - - - -
Net Income (TTM) in Millions -57 -60 -58 -38 -27




Return On Investment FARO's Ranking
Within: No.
Industry # 10
Sector # 235
Overall # 1738

Return On Investment Statistics
High Average Low
9.64 %
-2.66 %
-21.06 %
(Dec. 30, 2014)   (Jun 30 2020)



  News about Faro Technologies Inc

FARO Technologies Appoints Matthew Horwath as CFO Amidst a Cumulative Net Loss of $-60 Million, Triggering Urgent Financial Restructuring

FARO Technologies Faces CFO Transition Amidst Financial Challenges
LAKE MARY, Fla., Jan. 16, 2024 - FARO Technologies (Nasdaq: FARO), a leading provider of 4D digital reality solutions, recently announced the appointment of Matthew Horwath as the Senior Vice President and Chief Financial Officer. This significant transition comes at a crucial time for the company, as FARO has been grappling with financial difficulties. According to recent reports, FARO Technologies Inc recorded a cumulative net loss of $-60 million over the past 12 months, ending in the third quarter of 2023, resulting in a negative return on investment (ROI) of -16.9%.
Matthew Horwath's promotion to CFO marks an important strategic move for FARO Technologies. With his extensive background in finance, including his previous position as the Vice President of Finance at FARO, Horwath is expected to bring a fresh perspective to the company's financial management and help address the challenges it is currently facing.






Financial Statements
Faro Technologies Inc's IV. Quarter Investments $ 347 Millions FARO's Balance sheet
Faro Technologies Inc's IV. Quarter Income $ 2 Millions Quarterly FARO's Income Statement
FARO's Income by Division See FARO's Income by Division


FARO Annual Return On Investment (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Investments in Millions 347 367 381 418 381
Y / Y Investment Growth -5.47 % -3.61 % -8.81 % 9.65 % -6.81 %
Net Income in Millions -57 -27 -40 1 -62
Y / Y Net Income Growth - - - - -
Annual Return On Investment -16.3 % -7.29 % -10.49 % 0.15 % -16.32 %


Annual Roi Comment


Definition and Formula of Return on Investment

Other ROI Ratios
Scientific & Technical Instruments Industry Roi Trends and Statistics
Technology Sector Return On Investment Statistics
Roi Trends for overall market
FARO's Roi Ratio versus Scientific & Technical Instruments Industry, Technology Sector and total Market
Highest Ranking Return On Investment
Lowest Ranking Return On Investment
Return On Investment for FARO's Competitors
Roi for Faro Technologies Inc's Suppliers
Return On Investment for FARO's Customers

Other Ratios
FARO's Roa FARO's Inventory Turnover Ratio FARO's Growth Rates FARO's Dividend Statistics
FARO's Profitability Ratios FARO's Asset Turnover Ratio FARO's Dividend Growth
FARO's Roe FARO's Valuation Ratios FARO's Financial Strength Ratios FARO's Dividend Payout Ratio



Companies with similar Return On Investment at Dec 31 2023, within Technology Sector ROI


Date modified: 2024-02-28T21:29:12+00:00



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