15 February 2008
FARO makes Forbes fastest growing list
Portable measurement arm specialist FARO Technologies Inc has been named in Forbes Magazine’s list of America's 25 Fastest-Growing Tech Companies.
In order to make the Forbes list, companies must have:
* At least 10 per cent annualised sales gains over the past five years
* Profitability over the past 12 months
* At least $25 million in sales over the past four quarters
* Thomson IBES consensus earnings forecasts of at least 10 per cent annualised earnings growth over the next three to five years
* Companies with significant legal problems, or with possible accounting or corporate governance issues, based upon guidance provided by Audit Integrity of Los Angeles, are disqualified.
Author
Andrew Allcock
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