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Faro Technologies (Faro Technologies) Retained Earnings : $-17.1 Mil (As of Mar. 2024)


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What is Faro Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Faro Technologies's retained earnings for the quarter that ended in Mar. 2024 was $-17.1 Mil.

Faro Technologies's quarterly retained earnings increased from Sep. 2023 ($-11.4 Mil) to Dec. 2023 ($-9.8 Mil) but then declined from Dec. 2023 ($-9.8 Mil) to Mar. 2024 ($-17.1 Mil).

Faro Technologies's annual retained earnings declined from Dec. 2021 ($73.5 Mil) to Dec. 2022 ($46.8 Mil) and declined from Dec. 2022 ($46.8 Mil) to Dec. 2023 ($-9.8 Mil).


Faro Technologies Retained Earnings Historical Data

The historical data trend for Faro Technologies's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Faro Technologies Retained Earnings Chart

Faro Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.88 113.51 73.54 46.79 -9.79

Faro Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.62 -2.62 -11.38 -9.79 -17.06

Faro Technologies Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Faro Technologies  (NAS:FARO) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Faro Technologies (Faro Technologies) Business Description

Traded in Other Exchanges
Address
250 Technology Park, Lake Mary, FL, USA, 32746
Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.
Executives
Alexander M Davern director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Peter James Lau director, officer: President and CEO C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Rotterdam Jeroen Van director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Yuval Wasserman director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Stephen Cole director 125 TECHNOLOGY PARK, LAKE MARY FL 32746
John Donofrio director ONE VILLAGE CENTER ROAD, VAN BUREN TOWNSHIP MI 48111
Jawad A Ahsan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Jeffrey D Sexton officer: Vice President of Global Sales 1519 MONTEVAL PLACE, SAN JOSE CA 95120
Rajani Ramanathan director C/O GUIDEWIRE SOFTWARE, INC., 2850 S DELAWARE STREET, S-400, SAN MATEO CA 94403
Moonhie Chin director AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Kevin Beadle officer: Senior Vice President, Sales 1601 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Katrona Tyrrell officer: Chief People Officer C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Yazid Tohme officer: Chief R&D Officer C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Allen L. Muhich officer: Chief Financial Officer 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Michael D Burger director, officer: President and CEO 250 TECHNOLOGY PARK, LAKE MARY FL 32746