Last 7 days
2.6%
Last 30 days
-4.8%
Last 90 days
-0.4%
Trailing 12 Months
-48.2%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-21 | Brubaker Lynn | gifted | - | - | -5,412 | - |
2023-08-21 | Brubaker Lynn | gifted | - | - | 5,412 | - |
2023-08-02 | LAU PETER JAMES | acquired | - | - | 108,709 | president and ceo |
2023-07-25 | WASSERMAN YUVAL | acquired | - | - | 30,998 | executive chairman |
2023-05-26 | Brubaker Lynn | acquired | - | - | 11,544 | - |
2023-05-26 | Ahsan Jawad A | acquired | - | - | 11,544 | - |
2023-05-26 | DAVERN ALEXANDER M | acquired | - | - | 11,544 | - |
2023-05-26 | Ramanathan Rajani | acquired | - | - | 11,544 | - |
2023-05-26 | VAN ROTTERDAM JEROEN | acquired | - | - | 11,544 | - |
2023-05-26 | Chin Moonhie | acquired | - | - | 11,544 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-08-24 | Alberta Investment Management Corp | unchanged | - | -977,587 | 1,883,100 | 0.02% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -86.36 | -106,000 | 11,000 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 7.25 | -3,494 | 8,392 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -0.86 | -200,840 | 377,298 | -% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -43.31 | -3,388,000 | 2,017,000 | -% |
2023-08-15 | State of Tennessee, Treasury Department | unchanged | - | -53,663 | 103,373 | -% |
2023-08-15 | GOLDMAN SACHS GROUP INC | reduced | -84.38 | -12,595,700 | 1,443,660 | -% |
2023-08-15 | NATIXIS ADVISORS, L.P. | added | 3.83 | -176,000 | 380,000 | -% |
2023-08-15 | LAZARD ASSET MANAGEMENT LLC | unchanged | - | - | - | -% |
2023-08-15 | ALLIANCEBERNSTEIN L.P. | added | 10.38 | -153,802 | 408,758 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Jul 07, 2023 | blackrock inc. | 8.6% | 1,625,454 | SC 13G/A | |
Jun 15, 2023 | divisar capital management llc | 5.3% | 1,001,446 | SC 13G | |
Feb 09, 2023 | vanguard group inc | 11.87% | 2,230,070 | SC 13G/A | |
Jan 27, 2023 | royce & associates lp | 4.67% | 876,422 | SC 13G/A | |
Jan 26, 2023 | blackrock inc. | 17.5% | 3,291,903 | SC 13G/A | |
Jan 20, 2023 | blackrock inc. | 17.5% | 3,291,903 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 10.91% | 1,985,479 | SC 13G/A | |
Jan 27, 2022 | blackrock inc. | 17.3% | 3,140,666 | SC 13G/A | |
Jan 26, 2022 | blackrock inc. | 17.3% | 3,140,666 | SC 13G | |
Jan 14, 2022 | royce & associates lp | 5.92% | 1,076,984 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 18, 2023 | 4 | Insider Trading | |
Aug 02, 2023 | S-8 | Employee Benefits Plan | |
Aug 02, 2023 | 8-K | Current Report | |
Aug 02, 2023 | 4 | Insider Trading | |
Aug 02, 2023 | 10-Q | Quarterly Report | |
Jul 26, 2023 | 8-K | Current Report | |
Jul 26, 2023 | 4 | Insider Trading | |
Jul 24, 2023 | 3 | Insider Trading | |
Jul 07, 2023 | SC 13G/A | Major Ownership Report | |
Jun 29, 2023 | 8-K | Current Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
APH | 50.5B | 12.6B | -0.77% | 18.19% | 26.51 | 4.02 | 5.26% | 6.38% |
KEYS | 23.6B | 5.6B | 2.28% | -19.41% | 20.88 | 4.22 | 6.17% | 2.08% |
TRMB | 13.0B | 3.7B | -1.15% | -10.59% | 37.64 | 3.56 | -2.97% | -33.38% |
ZBRA | - | 5.5B | -11.85% | -17.44% | - | - | -5.22% | 30.78% |
MID-CAP | ||||||||
DLB | 7.8B | 1.3B | -4.46% | 13.68% | 35.71 | 6.08 | 2.12% | 9.33% |
CGNX | 7.4B | 892.7M | -7.02% | -2.57% | 43.19 | 8.34 | -17.80% | -33.36% |
IIVI | 5.1B | 5.2B | - | - | -134.56 | 1.04 | 55.58% | -210.52% |
BMI | 4.6B | 630.3M | -1.55% | 68.02% | 59.68 | 7.33 | 17.87% | 20.61% |
COHR | - | - | -15.52% | -26.08% | - | - | - | - |
ITRI | 2.8B | 1.9B | -8.91% | 30.25% | 72.05 | 1.44 | 2.35% | 139.76% |
SMALL-CAP | ||||||||
MICT | 163.7M | - | -15.81% | 40.30% | 1.18 | 1.12 | 162.29% | 778.07% |
CODA | 67.7M | 20.9M | -19.76% | 15.34% | 16.32 | 3.24 | -5.63% | 12.53% |
FARO | 299.4M | 362.4M | -4.82% | -48.20% | -5.17 | 0.83 | 7.87% | -7.57% |
MEI | - | 1.2B | -28.15% | -41.29% | - | - | 2.48% | -40.27% |
TTMI | 1.3B | 2.4B | -12.67% | -10.91% | 26.34 | 0.56 | 0.74% | -32.03% |
-9.4%
-10.9%
-24.8%
-35.0%
97.3%
80%
65.8%
Y-axis is the maximum loss one would have experienced if FARO Tech was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 2.3% | 362,369,000 | 354,075,000 | 345,765,000 | 342,109,000 | 335,946,000 | 338,139,000 | 337,814,000 | 330,563,000 | 322,130,000 | 300,584,000 | 303,768,000 | 314,956,000 | 334,736,000 | 367,663,000 | 381,765,000 | 390,468,000 | 399,657,000 | 404,410,000 | 403,627,000 | 397,206,000 | 387,751,000 |
Gross Profit | -4.1% | 167,339,000 | 174,453,000 | 175,763,000 | 180,435,000 | 179,501,000 | 184,546,000 | 183,927,000 | 179,000,000 | 172,967,000 | 156,381,000 | 159,847,000 | 152,668,000 | 167,142,000 | 188,987,000 | 198,132,000 | 217,372,000 | 217,212,000 | 222,465,000 | 221,553,000 | 220,806,000 | 222,228,000 |
Operating Expenses | 4.4% | 220,081,000 | 210,801,000 | 200,686,000 | 199,848,000 | 196,996,000 | 193,736,000 | 192,363,000 | 188,606,000 | 182,222,000 | 176,947,000 | 190,529,000 | 234,250,000 | 249,757,000 | 264,532,000 | 256,766,000 | 221,952,000 | 218,613,000 | 218,744,000 | 215,799,000 | 209,169,000 | 205,529,000 |
S&GA Expenses | 1.7% | 155,086,000 | 152,543,000 | 146,657,000 | 144,593,000 | 140,800,000 | 138,376,000 | 136,234,000 | 135,679,000 | 132,409,000 | 128,851,000 | 131,827,000 | 141,992,000 | 157,709,000 | 172,680,000 | 177,378,000 | 213,747,000 | 196,349,000 | 181,426,000 | 169,717,000 | 164,252,000 | 161,760,000 |
R&D Expenses | -0.8% | 49,625,000 | 50,005,000 | 49,415,000 | 49,053,000 | 49,198,000 | 48,916,000 | 48,761,000 | 48,005,000 | 46,028,000 | 44,454,000 | 42,896,000 | 42,482,000 | 42,511,000 | 42,951,000 | 44,175,000 | 44,994,000 | 45,951,000 | 45,308,000 | 46,082,000 | 45,660,000 | 42,939,000 |
EBITDA | 100.0% | - | -18,312,000 | -7,668,000 | -2,915,000 | -2,888,000 | 2,358,000 | 4,890,000 | - | - | -4,875,000 | -16,534,000 | -66,508,000 | -66,667,000 | -60,075,000 | -41,717,000 | -6,361,000 | -2,956,000 | - | - | - | - |
EBITDA Margin | 100.0% | - | -0.05 | -0.02 | -0.01 | -0.01 | 0.01 | 0.01 | - | - | -0.02 | -0.05 | -0.21 | -0.20 | -0.16 | -0.11 | -0.02 | -0.01 | - | - | - | - |
Interest Expenses | - | - | - | - | - | - | - | 55,000 | - | - | - | - | - | - | - | 781,000 | - | - | - | 486,000 | - | - |
Earnings Before Taxes | -57.9% | -53,217,000 | -33,696,000 | -21,651,000 | -16,812,000 | -16,650,000 | -10,915,000 | -8,561,000 | -8,577,000 | -7,827,000 | -18,545,000 | -30,773,000 | -82,233,000 | -83,851,000 | -78,382,000 | -61,014,000 | -7,583,000 | -4,044,000 | 4,283,000 | 4,558,000 | 8,972,000 | 14,389,000 |
EBT Margin | 100.0% | - | -0.10 | -0.06 | -0.05 | -0.05 | -0.03 | -0.03 | -0.03 | -0.02 | -0.06 | -0.10 | -0.26 | -0.25 | -0.21 | -0.16 | - | - | - | - | - | - |
Net Income | -51.4% | -57,905,000 | -38,234,000 | -26,756,000 | -56,234,000 | -53,828,000 | -46,430,000 | -39,964,000 | 19,156,000 | 19,987,000 | 12,231,000 | 629,000 | -76,474,000 | -79,649,000 | -77,122,000 | -62,147,000 | -6,694,000 | -2,983,000 | 4,627,000 | 4,930,000 | -11,886,000 | -7,770,000 |
Net Income Margin | 100.0% | - | -0.11 | -0.08 | -0.16 | -0.16 | -0.14 | -0.12 | 0.06 | 0.06 | 0.04 | 0.00 | -0.24 | -0.24 | -0.21 | -0.16 | - | - | - | - | - | - |
Free Cashflow | 100.0% | - | -41,780,000 | -31,227,000 | -23,229,000 | -12,871,000 | -18,157,000 | -20,511,000 | -11,779,000 | -12,292,000 | -10,771,000 | 16,620,000 | 16,232,000 | 26,273,000 | 37,084,000 | 25,793,000 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | -5.0% | 502 | 529 | 473 | 445 | 443 | 468 | 480 | 501 | 504 | 500 | 526 | 452 | 453 | 470 | 487 | 508 | 523 | 518 | 506 | 483 | 464 |
Current Assets | -6.8% | 257 | 276 | 219 | 209 | 242 | 261 | 273 | 269 | 272 | 304 | 324 | 285 | 296 | 308 | 322 | 307 | 318 | 311 | 317 | 295 | 298 |
Cash Equivalents | -0.5% | 68.00 | 69.00 | 38.00 | 49.00 | 102 | 107 | 122 | 126 | 133 | 170 | 186 | 164 | 174 | 157 | 134 | 119 | 121 | 111 | 109 | 115 | 134 |
Inventory | -18.3% | 42.00 | 51.00 | 50.00 | 51.00 | 44.00 | 54.00 | 53.00 | 56.00 | 51.00 | 47.00 | 47.00 | 50.00 | 53.00 | 55.00 | 59.00 | 70.00 | 72.00 | 75.00 | 65.00 | 62.00 | 60.00 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | 23.00 | 23.00 | 25.00 | 27.00 | 28.00 | 30.00 | 31.00 | 30.00 | 31.00 | 31.00 |
Goodwill | 0.8% | 109 | 108 | 107 | 101 | 80.00 | 82.00 | 82.00 | 81.00 | 82.00 | 56.00 | 58.00 | 56.00 | 49.00 | 49.00 | 50.00 | 70.00 | 71.00 | 71.00 | 67.00 | 66.00 | - |
Liabilities | -0.6% | 231 | 232 | 162 | 146 | 145 | 151 | 153 | 144 | 146 | 149 | 165 | 138 | 145 | 153 | 155 | 141 | 149 | 142 | 130 | 112 | 102 |
Current Liabilities | 2.6% | 108 | 105 | 106 | 95.00 | 94.00 | 98.00 | 99.00 | 92.00 | 93.00 | 93.00 | 108 | 93.00 | 101 | 106 | 106 | 92.00 | 101 | 93.00 | 98.00 | 80.00 | 72.00 |
Shareholder's Equity | -8.4% | 271 | 296 | 311 | 299 | 298 | 317 | 326 | 357 | 357 | 351 | 360 | 313 | 309 | 317 | 332 | 368 | 374 | 377 | 377 | 371 | 363 |
Retained Earnings | -110.2% | -2.62 | 26.00 | 47.00 | 49.00 | 55.00 | 64.00 | 74.00 | 105 | 109 | 110 | 114 | 86.00 | 89.00 | 98.00 | 113 | 163 | 169 | 175 | 175 | 170 | 173 |
Additional Paid-In Capital | 1.4% | 337 | 332 | 328 | 325 | 306 | 303 | 301 | 298 | 294 | 292 | 288 | 277 | 273 | 271 | 268 | 261 | 256 | 253 | 251 | 249 | 234 |
Accumulated Depreciation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 81.00 | 80.00 | 76.00 | 73.00 | 70.00 | 66.00 |
Shares Outstanding | 0.2% | 19.00 | 19.00 | 19.00 | 19.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 |
Cashflow (Last 12 Months) | (In Thousands) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 3.8% | -34,803 | -36,163 | -24,856 | -16,061 | -4,427 | -10,227 | -13,476 | -4,993 | -6,979 | -5,207 | 21,394 | 19,818 | 30,788 | 42,973 | 32,468 | 24,924 | 24,060 | 16,182 | 6,323 | 15,988 | 14,730 |
Share Based Compensation | 10.4% | 15,543 | 14,084 | 13,317 | 12,823 | 12,437 | 12,229 | 11,456 | 10,543 | 9,346 | 8,230 | 8,314 | 8,796 | 10,100 | 10,685 | 11,071 | 10,606 | 9,536 | 8,631 | 7,620 | 7,344 | 6,655 |
Cashflow From Investing | -0.7% | -68,820 | -68,375 | -49,897 | -48,254 | -17,009 | -48,357 | -45,740 | -42,865 | -47,290 | 3,662 | 13,907 | 15,250 | 19,021 | 538 | -9,342 | -17,245 | -48,599 | -50,987 | -55,774 | -51,056 | -8,234 |
Cashflow From Financing | -0.1% | 72,212 | 72,257 | -997 | -1,643 | -918 | -1,088 | 1,582 | 10,681 | 10,992 | 11,615 | 11,058 | 6,524 | 4,670 | 4,568 | 2,243 | -2,804 | 11,581 | 11,885 | 19,810 | 23,284 | 9,772 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Sales | $ 88,211 | $ 79,917 | $ 173,178 | $ 156,573 |
Cost of sales | 54,888 | 39,480 | 100,139 | 75,111 |
Gross profit | 33,323 | 40,437 | 73,039 | 81,462 |
Operating expenses | ||||
Selling, general and administrative | 38,561 | 36,018 | 79,937 | 71,508 |
Research and development | 11,662 | 12,042 | 24,380 | 24,170 |
Restructuring costs | 8,450 | 1,333 | 12,688 | 1,932 |
Total operating expenses | 58,673 | 49,393 | 117,005 | 97,610 |
Loss from operations | (25,350) | (8,956) | (43,966) | (16,148) |
Other (income) expense | ||||
Interest expense (income) | 1,003 | (12) | 1,838 | (4) |
Other expense (income), net | 476 | (1,636) | 256 | (1,649) |
Loss before income tax | (26,829) | (7,308) | (46,060) | (14,495) |
Income tax expense | 1,416 | 1,266 | 3,349 | 3,766 |
Net loss | $ (28,245) | $ (8,574) | $ (49,409) | $ (18,261) |
Net loss per share - Basic (in dollars per share) | $ (1.49) | $ (0.47) | $ (2.62) | $ (1.00) |
Net loss per share - Diluted (in dollars per share) | $ (1.49) | $ (0.47) | $ (2.62) | $ (1.00) |
Weighted average shares - Basic (in shares) | 18,920,675 | 18,266,747 | 18,871,007 | 18,267,783 |
Weighted average shares - Diluted (in shares) | 18,920,675 | 18,266,747 | 18,871,007 | 18,267,783 |
Product | ||||
Sales | $ 67,603 | $ 59,702 | $ 132,843 | $ 116,432 |
Cost of sales | 44,094 | 28,169 | 78,051 | 52,504 |
Service | ||||
Sales | 20,608 | 20,215 | 40,335 | 40,141 |
Cost of sales | $ 10,794 | $ 11,311 | $ 22,088 | $ 22,607 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 68,228 | $ 37,812 |
Short-term investments | 20,240 | 0 |
Accounts receivable, net | 88,293 | 90,326 |
Inventories, net | 41,560 | 50,026 |
Prepaid expenses and other current assets | 38,551 | 41,201 |
Total current assets | 256,872 | 219,365 |
Non-current assets: | ||
Property, plant and equipment, net | 23,247 | 19,720 |
Operating lease right-of-use assets | 13,315 | 18,989 |
Goodwill | 108,883 | 107,155 |
Intangible assets, net | 48,643 | 48,978 |
Service and sales demonstration inventory, net | 23,063 | 30,904 |
Deferred income tax assets, net | 24,221 | 24,192 |
Other long-term assets | 4,039 | 4,044 |
Total assets | 502,283 | 473,347 |
Current liabilities: | ||
Accounts payable | 21,241 | 27,286 |
Accrued liabilities | 29,979 | 23,345 |
Income taxes payable | 10,056 | 6,767 |
Current portion of unearned service revenues | 35,767 | 36,407 |
Customer deposits | 5,584 | 6,725 |
Lease liabilities | 5,140 | 5,709 |
Total current liabilities | 107,767 | 106,239 |
Loan - 5.50% Convertible Senior Notes | 72,491 | 0 |
Unearned service revenues - less current portion | 21,017 | 20,947 |
Lease liabilities - less current portion | 12,463 | 14,649 |
Deferred income tax liabilities | 11,928 | 11,708 |
Income taxes payable - less current portion | 5,292 | 8,706 |
Other long-term liabilities | 39 | 49 |
Total liabilities | 230,997 | 162,298 |
Commitments and contingencies - See Note 13 | ||
Shareholders’ equity: | ||
Common stock - par value $0.001, 50,000,000 shares authorized; 20,321,490 and 20,156,233 issued, respectively; 18,946,798 and 18,780,013 outstanding, respectively | 20 | 20 |
Additional paid-in capital | 336,534 | 328,227 |
Retained earnings | (2,621) | 46,788 |
Accumulated other comprehensive loss | (31,992) | (33,331) |
Common stock in treasury, at cost - 1,374,692 and 1,376,220 shares held, respectively | (30,655) | (30,655) |
Total shareholders’ equity | 271,286 | 311,049 |
Total liabilities and shareholders’ equity | $ 502,283 | $ 473,347 |