CyberOptics Reports Strong First Quarter Operating Results
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Cyberoptics Corp (CYBE) Tops Q1 EPS by 6c, Revenues Beat
April 27, 2021 4:01 PM UTCCyberoptics Corp (NASDAQ: CYBE) reported Q1 EPS of $0.19, $0.06 better than the analyst estimate of $0.13. Revenue for the quarter came in at $17.7 million versus the consensus estimate of $16.95 million.
Dr. Subodh Kulkarni, president and chief executive officer, said, CyberOptics first quarter sales exceeded our previously issued guidance for this period. Our strong sales performance was driven by significantly higher sales of Multi-Reflection Suppression (MRS) 3D sensors and WaferSense® semiconductor products. Our industry-leading sensing, inspection and metrology products have positioned CyberOptics to capitalize upon the robust capital spending environment in our targeted electronics and semiconductor... More
