U.S. Markets open in 8 hrs 21 mins

Faro Technologies: 1Q Earnings Snapshot

LAKE MARY, Fla. (AP) _ Faro Technologies Inc. (FARO) on Wednesday reported first-quarter profit of $152,000.

On a per-share basis, the Lake Mary, Florida-based company said it had profit of 1 cent.

The computer-aided measurement and imaging devices and software company posted revenue of $93.6 million in the period.

Faro Technologies shares have increased 37% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $55.53, an increase of nearly 9% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FARO at https://www.zacks.com/ap/FARO