Faro Technologies Inc. Stock
Faro Technologies Inc. Stock
Pros and Cons of Faro Technologies Inc. in the next few years
Pros
Cons
Performance of Faro Technologies Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Faro Technologies Inc. | -0.570% | 1.163% | -8.901% | -17.143% | -13.861% | -72.381% | -64.435% |
| CBAK Energy Technology Inc | 7.140% | 10.526% | 9.375% | 56.483% | 11.583% | -72.222% | 39.128% |
| Ultralife Corp. | 0.740% | 3.795% | 25.172% | 203.889% | 75.040% | 67.023% | 33.122% |
| AZZ Inc. | 2.960% | 3.731% | - | - | - | - | - |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.In general, the financials of FARO Tech convey a company experiencing some fluctuations in its financial performance and dealing with certain challenges. This is most notable in the net income figures, which show some instability and potential concerns for investors. However, FARO Tech also showcases growth in its total revenue and positives regarding its assets.
Growth in Total Revenue: Over the years, FARO has experienced an increase in its total revenue. Comparing the years 2020, 2021, and 2022, the total revenue increased from $303,768,000 to $345,765,000, demonstrating growth in the top-line figures.
Increase in Net Receivables: FARO Tech has managed to increase its net receivables over the years, indicating improved collection of receivables or successful efforts to extend more credit to customers.
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