Cyberoptics Corp (CYBE) Reports Q2 EPS of $0.29

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Go back to Cyberoptics Corp (CYBE) Reports Q2 EPS of $0.29

CyberOptics Reports Strong Second Quarter Year-Over-Year Sales and Earnings Growth

July 28, 2016 4:00 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- CyberOptics Corporation (Nasdaq: CYBE) today reported operating results for the second quarter of 2016 ended June 30.

Second quarter sales increased 82% to $18.6 million from $10.3 million in the second quarter of 2015. Earnings totaled $2.0 million or $0.29 per diluted share, compared to the loss of $761,000 or $0.11 per share in the year-earlier period.

Dr. Subodh Kulkarni, president and chief executive officer, commented: The continuation of strong operating results in this years second quarter was generated by robust performances across all of our product... More