LAKE MARY, Fla. (AP) _ Faro Technologies Inc. (FARO) on Tuesday reported a loss of $8.9 million in its second quarter.
On a per-share basis, the Lake Mary, Florida-based company said it had a loss of 50 cents. Losses, adjusted for non-recurring costs, were 36 cents per share.
The computer-aided measurement and imaging devices and software company posted revenue of $60.6 million in the period.
Faro Technologies shares have increased 22% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $61.28, an increase of 25% 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
The Associated Press