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FARO PR posted here:

Of course it's great that revenue, net profit and orders are all up from Q1 2010, but I'd expect to see that given that manufacturing was to some extent still working its way out of a recession in early 2010. I am more worried about the fact that revenue and net profits are lower than Q4 2010. Obviously, there could be some year end spending that naturally occurs that would explain this. (I don't trust looking at 2010 or 2009 quarter by quauter b/c of those recession influences.) Maybe its all do to a product shift to the lower priced scanner which will be good in the long run.

As I wrote this post, FARO also announced a favorable outcome to its patent case against Nikon. Yeah!

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