FARO TECHNOLOGIES, INC. AND SUBSIDIARIES | |||
RECONCILIATION OF OUTLOOK - GAAP TO NON-GAAP | |||
| |||
| Fiscal quarter ending September 30, 2024 | ||
| Low |
| High |
GAAP gross margin | 53.0 % |
| 54.5 % |
Stock-based compensation | 0.5 % |
| 0.5 % |
Non-GAAP gross margin | 53.5 % |
| 55.0 % |
|
| ||
| Fiscal quarter ending September 30, 2024 | ||
(in thousands) | Low |
| High |
GAAP operating expenses | $45,000 |
| $47,000 |
Stock-based compensation | (4,000) |
| (4,000) |
Purchase accounting intangible amortization | (1,000) |
| (1,000) |
Non-GAAP operating expenses | $40,000 |
| $42,000 |
|
| ||
| Fiscal quarter ending September 30, 2024 | ||
| Low |
| High |
GAAP diluted loss per share range | $(0.32) |
| $(0.12) |
Stock-based compensation | 0.19 |
| 0.19 |
Purchase accounting intangible amortization | 0.05 |
| 0.05 |
Non-GAAP tax adjustments | 0.07 |
| 0.07 |
Non-GAAP diluted loss per share | $(0.01) |
| $0.19 |
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SOURCE FARO Technologies
Contact: |
Company Name: FARO Technologies
Investor Contacts, FARO Technologies, Inc., Matthew Horwath, Chief Financial Officer Phone: +1 407-562-5005 Email Contact Sapphire Investor Relations, LLC, Michael Funari or Erica Mannion Phone: +1 617-542-6180 Email Contact Financial data for FARO Technologies |