Cyberoptics Corp (CYBE) Tops Q3 EPS by 20c

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Go back to Cyberoptics Corp (CYBE) Tops Q3 EPS by 20c

CyberOptics Reports Record Third Quarter Sales and Earnings

October 27, 2021 4:00 PM EDT

Record WaferSense® Sales Drive Profitability

MINNEAPOLIS--(BUSINESS WIRE)-- CyberOptics Corporation (Nasdaq: CYBE) today reported record sales of $27.8 million for the third quarter of 2021 ended September 30, an increase of 33% from $20.8 million in the third quarter of 2020. Net income for the third quarter of 2021 was a record $4.8 million or $0.63 per diluted share, up significantly from earnings of $1.8 million or $0.24 per diluted share in the year-earlier quarter.

Dr. Subodh Kulkarni, president and chief executive officer, said, Our line-up of 3D Multi-Reflection Suppression (MRS)-based sensing and inspection system products and WaferSense®... More