Outlook for the Third Quarter 2024
For the third quarter ending September 30, 2024, FARO currently expects:
- Revenue in the range of $76 to $84 million
- Gross margin in the range of 53.0% to 54.5%. Non-GAAP gross margin in the range of 53.5% to 55.0%
- Operating expenses in the range of $45 to $47 million. Non-GAAP operating expenses in the range of $40 to $42 million
- Net loss per share in the range of ($0.32) to ($0.12). Non-GAAP net loss to net income per share in the range of $(0.01) to $0.19.