Cyberoptics Corp (CYBE) Tops Q4 EPS by 12c, Revenues Beat
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CyberOptics Reports Fourth Quarter Operating Results
February 18, 2021 4:00 PM ESTStrong Sales of 3D MRS Sensors, WaferSense® Products and 2D MX600 Memory Module Systems
MINNEAPOLIS--(BUSINESS WIRE)-- CyberOptics Corporation (Nasdaq: CYBE) today reported sales of $16.9 million for the fourth quarter of 2020 ended December 31, virtually unchanged from the fourth quarter of 2019. Net income for the fourth quarter of 2020 was $1.5 million or $0.20 per diluted share, compared to earnings of $168,000 or $0.02 per diluted share in the year-earlier period. Net income in the fourth quarter of 2020 benefited from the improvement in gross margin to 47%, reflecting the increased proportion of high-margin products in the sales mix, and... More
