Core Insights - Women We Admire has announced The Top 50 Women Leaders of Alabama for 2025, highlighting the state's evolution from agriculture and textile production to a hub for innovation across various sectors [1] - The awardees exemplify leadership and vision that contribute to the advancement of Alabama's thriving sectors, including aerospace, automotive manufacturing, healthcare, technology, and education [1] Company Highlights - Teresa Davenport, CEO and founder of Davenport Design & Development, is recognized for her leadership in customized learning solutions and significant contributions to major companies like Columbia Sportswear and American Express [2] - Jennifer (JD) Buckner, Director of Strategic Growth Programs at Kratos Defense & Security Solutions, has played a crucial role in securing multimillion-dollar contracts and has over a decade of experience in the aerospace and defense sectors [3] - Melanie Eakes, Chief Technology Officer at Hexagon Asset Lifecycle Intelligence, is noted for her leadership in product development and customer support, contributing to the success of global market leader Intergraph PDS [4] Recognition of Leaders - The announcement celebrates the accomplishments of various women leaders across different industries in Alabama, showcasing their impact and contributions to their respective fields [5][6]

Core Insights - FARO Technologies, Inc. reported strong first-quarter financial results for 2025, exceeding expectations and reflecting successful execution of strategic growth initiatives [2] - The company achieved a 6% year-over-year growth in net orders, driven by refreshed products and new solutions [2] - FARO's GAAP net income was $0.9 million, with adjusted EBITDA of $12.5 million, representing 15.0% of revenue, surpassing forecasts [2] Financial Performance - Total revenue for Q1 2025 was $82.9 million, slightly down 1.6% year-over-year [7] - Gross margin improved to 57.0%, compared to 51.4% in the prior year, while non-GAAP gross margin was 57.7% [7][6] - Operating expenses decreased to $43.4 million from $48.6 million in the prior year [7] - Net income per share was $0.05, a significant recovery from a net loss of $0.38 per share in the prior year [7] Operational Highlights - The company launched new products, including the Leap ST and Blink, which are expected to expand its market opportunities [2] - Cash flow from operations was reported at $5.0 million, indicating strong operational efficiency [6] - FARO's total cash, cash equivalents, and short-term investments increased to $102.6 million from $98.7 million at the end of 2024 [7] Outlook - For Q2 2025, FARO expects revenue in the range of $79 to $87 million, with gross margin between 56.5% and 58.0% [8] - The company anticipates non-GAAP net income per share to range from $0.20 to $0.40 [8]