FARO Reports Fourth Quarter and Fiscal Year 2017 Financial Results

 

 

FARO TECHNOLOGIES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(UNAUDITED)




Years ended December 31,

(in thousands)


2017


2016


2015

Net (loss) income


$

(14,516)



$

11,107



$

12,813


Currency translation adjustments, net of income tax


16,739



(4,700)



(13,166)


Comprehensive income (loss)


$

2,223



$

6,407



$

(353)


 

 

FARO TECHNOLOGIES, INC. AND SUBSIDIARIES

UNAUDITED SUPPLEMENTAL DATA


(revenue in thousands)


Q4 2017
Revenue


Q4 2016
Revenue


% Change


2017
Revenue


2016
Revenue


% Change

Reporting Segments













Factory Metrology


$

71,583



$

67,895



5.4

%


$

245,114



$

236,313



3.7

%

Construction BIM-CIM


25,799



17,527



47.2

%


86,349



65,056



32.7

%

Other


9,041



6,276



44.1

%


29,454



24,215



21.6

%

Total


$

106,423



$

91,698



16.1

%


$

360,917



$

325,584



10.9

%


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