Cyberoptics Corp (CYBE) Tops Q2 EPS by 12c

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Go back to Cyberoptics Corp (CYBE) Tops Q2 EPS by 12c

CyberOptics Reports Record Second Quarter Sales

July 28, 2021 4:05 PM EDT

Strong Results Posted Across Sensor, Inspection System and Semiconductor Product Lines

MINNEAPOLIS--(BUSINESS WIRE)-- CyberOptics Corporation (Nasdaq: CYBE) today reported record sales of $25.2 million for the second quarter of 2021 ended June 30, an increase of 58% from $16.0 million in the second quarter of 2020. Net income for the second quarter of 2021 was $3.1 million or $0.41 per diluted share, up significantly from earnings of $1.6 million or $0.22 per diluted share in the year-earlier quarter.

Dr. Subodh Kulkarni, president and chief executive officer, said, CyberOptics second quarter sales, which exceeded our guidance for this... More