Michael Burger - FARO Technologies President CEO, Director

FARO Stock  USD 18.89  0.14  0.75%   

CEO

Mr. Michael D. Burger is President, Chief Executive Officer, Director of the Company. He most recently served as President and Chief Executive Officer and as a member of the board of directors of Electro Scientific Industries, Inc., a leading supplier of innovative laserbased microfabrication solutions for industries reliant on microtechnologies, from October 2016 to February 2019, when it was acquired by MKS Instruments, Inc. Prior to joining Electro Scientific Industries, Inc., Mr. Burger was President and Chief Executive Officer and a member of the board of directors of Cascade Microtech, Inc., a manufacturer of advanced wafer probing, thermal and reliability solutions for the electrical measurement and testing of high performance semiconductor devices, from July 2010 to June 2016. From April 2007 to February 2010, Mr. Burger served as the President and Chief Executive Officer and as a member of the board of directors of Merix Corporation, a printed circuit board manufacturer. Mr. Burger also served as a member of the board of directors of ViaSystems Group, Inc. from February 2010 after it acquired Merix until May 2015. From November 2004 until joining Merix, Mr. Burger served as President of the Components Business of Flextronics Corporationrationration. From 1999 to November 2004, Mr. Burger was employed by ZiLOG, Inc., a supplier of devices for embedded control and communications applications. From May 2002 until November 2004, Mr. Burger served as ZiLOGs President and a member of its board of directors since 2019.
Age 65
Tenure 5 years
Address 125 Technology Park, Lake Mary, FL, United States, 32746
Phone407 333 9911
Webhttps://www.faro.com
Burger holds a B.S. degree in Electrical Engineering from New Mexico State University and a certificate from the Stanford University International Executive Management Program.

FARO Technologies Management Efficiency

The company has return on total asset (ROA) of (0.0317) % which means that it has lost $0.0317 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1952) %, meaning that it created substantial loss on money invested by shareholders. FARO Technologies' management efficiency ratios could be used to measure how well FARO Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of the 2nd of May 2024, Return On Tangible Assets is likely to grow to -0.15. In addition to that, Return On Capital Employed is likely to grow to -0.06. At this time, FARO Technologies' Fixed Asset Turnover is very stable compared to the past year. As of the 2nd of May 2024, Asset Turnover is likely to grow to 0.91, while Total Assets are likely to drop about 293.7 M.
The company currently holds 89.03 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. FARO Technologies has a current ratio of 2.52, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist FARO Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, FARO Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FARO Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FARO to invest in growth at high rates of return. When we think about FARO Technologies' use of debt, we should always consider it together with cash and equity.

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FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida. Faro Tech operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 1432 people. FARO Technologies (FARO) is traded on NASDAQ Exchange in USA. It is located in 125 Technology Park, Lake Mary, FL, United States, 32746 and employs 1,243 people. FARO Technologies is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

FARO Technologies Leadership Team

Elected by the shareholders, the FARO Technologies' board of directors comprises two types of representatives: FARO Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FARO. The board's role is to monitor FARO Technologies' management team and ensure that shareholders' interests are well served. FARO Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, FARO Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jason Pollock, Chief Officer
John Caldwell, Independent Director
Robert Seidel, Interim Principal Financial Officer, Vice President - Finance and Investor Relations
Allen Muhich, Executive Officer
Simon Raab, Co-Founder, Chairman, Interim CEO and Interim Pres
Matthew Horwath, Senior CFO
Yuval Wasserman, Executive Chairman
Nancy Setteducati, IR Contact Officer
Wesley Tilley, VP Officer
Stephen Bubar, Principal Accounting Officer, Vice President Corporate Controller
Michael Burger, President CEO, Director
Jody Gale, Sr. VP, General Counsel and Corporate Secretary
Joseph Arezone, Managing Director of Europe, Middle East and Africa and Managing Director of Asia Pacific
Kathleen Hall, Managing Director of Americas and Sr. VP
John Donofrio, Independent Director
Arianne Boyer, VP Officer
Janet DAnjou, Interim Principal Financial Officer, Interim Principal Accounting Officer, VP and Corporate Controller
Jeffrey Sexton, Senior Sales
Lynn Brubaker, Independent Director
Stephen Cole, Lead Independent Director
Michael Carris, VP Officer
Melanie Stagnitti, VP Officer
Oliver Zweigle, VP Officer
Marvin Sambur, Independent Director
Katrona Tyrrell, Chief People Officer
Peter Lau, President CEO
Jeffrey Graves, Director
Thomas JD, Senior Counsel
Shelley Gretlein, Senior Insights
Laura Murphy, CFO and Sr. VP
Patrick Bohle, President Insights

FARO Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is FARO Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards FARO Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, FARO Technologies' short interest history, or implied volatility extrapolated from FARO Technologies options trading.

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When determining whether FARO Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FARO Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Faro Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Faro Technologies Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FARO Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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When running FARO Technologies' price analysis, check to measure FARO Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FARO Technologies is operating at the current time. Most of FARO Technologies' value examination focuses on studying past and present price action to predict the probability of FARO Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FARO Technologies' price. Additionally, you may evaluate how the addition of FARO Technologies to your portfolios can decrease your overall portfolio volatility.
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Is FARO Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FARO Technologies. If investors know FARO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FARO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.99)
Revenue Per Share
18.968
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.03)
Return On Equity
(0.20)
The market value of FARO Technologies is measured differently than its book value, which is the value of FARO that is recorded on the company's balance sheet. Investors also form their own opinion of FARO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FARO Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FARO Technologies' market value can be influenced by many factors that don't directly affect FARO Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FARO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FARO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FARO Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.