Cyberoptics Corp (CYBE) Tops Q4 EPS by 12c, Revenues Beat

Go back to Cyberoptics Corp (CYBE) Tops Q4 EPS by 12c, Revenues Beat

CyberOptics Reports Fourth Quarter Operating Results

February 18, 2021 4:00 PM EST

Strong 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