FARO Announces Fourth Quarter and Full Year Financial Results

 

FARO TECHNOLOGIES, INC. AND SUBSIDIARIES

KEY SALES MEASURES

(UNAUDITED)



Three Months Ended December 31,


Twelve Months Ended December 31,

(in thousands)

2021


2020


2021


2020

Total sales to external customers








Americas (1)

$           40,438


$           36,592


$         140,633


$         128,826

EMEA (1)

29,035


30,332


104,350


91,390

APAC (1)

30,731


26,029


92,831


83,552


$         100,204


$           92,953


$         337,814


$         303,768


(1)     Regions represent North America and South America (Americas); Europe, the Middle East, and Africa (EMEA); and the Asia-Pacific (APAC).

 


Three Months Ended December 31,


Twelve Months Ended December 31,

(in thousands)

2021


2020


2021


2020









Product

$       64,661


$       59,677


$     206,024


$     180,246

Software

13,694


12,044


45,079


38,341

Service

21,849


21,232


86,711


85,181

Total Sales

$     100,204


$       92,953


$     337,814


$     303,768









Product as a percentage of total sales

64.5 %


64.2 %


61.0 %


59.3 %

Software as a percentage of total sales

13.7 %


13.0 %


13.3 %


12.6 %

Service as a percentage of total sales

21.8 %


22.8 %


25.7 %


28.0 %









Total Recurring Revenue (2)

$       16,468


$       14,964


$       64,067


$       61,187

Recurring revenue as a percentage of total sales

16.4 %


16.1 %


19.0 %


20.1 %


(2)   Recurring revenue is comprised of hardware service contracts, software maintenance contracts, and subscription based software applications.


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »
Featured Video
Jobs
Mechanical Engineer for PTEC Solutions at Fremont, California
Upcoming Events
Esri User Conference 2024 at san diego CA - Jul 15 - 19, 2024
URISA GIS Leadership Academy at Chicago IL - Aug 12 - 16, 2024
Commercial UAV Expo 2024 at Caesars Forum Las Vegas NV - Sep 3 - 5, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise