Faro reports q4 loss per share $2.85

Faro announces fourth quarter financial results and strategic initiatives.q4 non-gaap earnings per share $0.18.q4 loss per share $2.85.q4 sales $104.1 million versus refinitiv ibes estimate of $98.8 million.q4 earnings per share estimate $0.00 -- refinitiv ibes data.faro technologies - strategic initiatives enable estimated $40 million in annualized pre-tax cost savings in q4 2020 when compared to 2019 expense levels.recorded non-cash charges of approximately $49 million in q4 of 2019 in connection with implementation of its new strategic plan.expects to incur an additional $26 million to $36 million of restructuring charges in first half of 2020 related to restructuring plan.
FARO Ratings Summary
FARO Quant Ranking