FARO down 42% ceo retiring and Reports Q1 (Mar) loss of $0.38 per share, excluding non-recurring items, $0.25 worse than the S&P Capital IQ Consensus of ($0.13); revenues rose 10.8% year/year to $84.97 mln vs the $84.89 mln S&P Capital IQ Consensus.
Co issues downside guidance for Q2, sees EPS of ($0.47) to ($0.22), excluding non-recurring items, vs. ($0.04) S&P Capital IQ Consensus; sees Q2 revs of $79 mln to $87 mln vs. $88.65 mln S&P Capital IQ Consensus.