Faro Technologies Inc (NAS:FARO)
$ 19.21 0.45 (2.4%) Market Cap: 368.94 Mil Enterprise Value: 357.33 Mil PE Ratio: 0 PB Ratio: 1.41 GF Score: 69/100

Q1 2023 FARO Technologies Inc Earnings Call Transcript

May 03, 2023 / 09:00PM GMT
Release Date Price: $23.56 (+1.51%)
Operator

Good day, everyone, and welcome to the FARO Technologies First Quarter 2023 Earnings Call. For opening remarks and introduction, I will now turn the call over to Michael Funari at Sapphire Investor Relations. Please go ahead, sir.

Michael Funari
Sapphire Investor Relations, LLC - Partner

Thank you, and good afternoon. With me today from FARO are Michael Burger, Chief Executive Officer; Allen Muhich, Chief Financial Officer; and Yuval Wasserman, Chairman of the Board.

Today after market close, the company released its financial results for the first quarter of 2023. The related press release is available on FARO's website at www.faro.com. Please note certain statements in this conference call, which are not historical facts, may be considered forward-looking statements that involve risks and uncertainties, some of which are beyond our control and include statements regarding future business results, product and technology development, customer demand, inventory levels, our outlook and

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