Cyberoptics Corp (CYBE) Tops Q1 EPS by 10c

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Go back to Cyberoptics Corp (CYBE) Tops Q1 EPS by 10c

CyberOptics Reports Strong First Quarter Operating Results

April 28, 2022 6:00 AM EDT

3D MRS-Based Sensors and Inspection Systems and Semiconductor Sensors Post Strong Growth

MINNEAPOLIS--(BUSINESS WIRE)-- CyberOptics Corporation (Nasdaq: CYBE) today reported sales of $24.2 million for the first quarter of 2022 ended March 31, an increase of 37% from $17.7 million in the first quarter of 2021. Net income for the first quarter of 2022 was $3.6 million or $0.47 per diluted share, an increase of 149% from earnings of $1.4 million or $0.19 per diluted share in the year-earlier quarter.

Dr. Subodh Kulkarni, president and chief executive officer, commented, Each of our product groups3D and 2D sensors, semiconductor products and... More