How did FARO's revenue and expenses trend in Q4 2024?
4/14/2025 03:33pm
FARO's revenue and expenses in Q4 2024 are not currently available. However, based on the available data, FARO's revenue for Q3 2024 was $82.6 million, which is at the upper end of its guidance range. The company reported a gross margin of 55.7%, surpassing its guidance range.
1. **Revenue Trend**: FARO's revenue for Q3 2024 decreased by 4.8% year-over-year. The company expects the revenue for Q4 2024 to be in the range of $88 to $96 million, which suggests a potential increase from the Q3 revenue.
2. **Expense Trend**: FARO's operating expenses for Q3 2024 were reduced to $43.8 million from $48.6 million in the prior year period. The company reported a non-GAAP operating expenses decrease. This indicates a trend of cost management and efficiency improvements within the company.
In conclusion, FARO's revenue for Q4 2024 is expected to be higher than that of Q3 2024, and the company has shown a positive trend in managing its expenses.