CyberOptics Reports Solid Second Quarter Results

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Cyberoptics Corp (CYBE) Tops Q2 EPS by 15c

July 23, 2020 6:48 AM EDT

Cyberoptics Corp (NASDAQ: CYBE) reported Q2 EPS of $0.22, $0.15 better than the analyst estimate of $0.07. Revenue for the quarter came in at $16 million versus the consensus estimate of $16.2 million.

Dr. Subodh Kulkarni, president and chief executive officer, commented, We are pleased with CyberOptics overall performance in this years second quarter despite the impact of the COVID-19 pandemic on our sales. Approximately $1.5 million of customer acceptances for SQ3000... More