CyberOptics Reports First Quarter Results
CyberOptics Corporation (CYBE)
Last cyberoptics corporation earnings: 2/19 04:00 pm
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Source: Business Wire
MINNEAPOLIS--(BUSINESS WIRE)-- CyberOptics Corporation (Nasdaq: CYBE) today reported sales of $15.0 million for the first quarter of 2019 ended March 31, an increase of 6% from $14.1 million in the first quarter of 2018. First quarter earnings totaled $495,000 or $0.07 per diluted share, compared to the net loss of $173,000 or $0.02 per share in last year’s first quarter. Dr. Subodh Kulkarni, president and chief executive officer, commented: “CyberOptics’ improved first quarter operating results were generated by higher sales of 3D MRS-enabled SQ3000 automated optical inspection (AOI) systems, MX600 sales and record quarterly sales of semiconductor sensors, primarily consisting of our WaferSense family of products.” He added: “We are confident that our family of 3D MRS-enabled sensors, inspection and metrology systems are providing CyberOptics with a significant competitive advantage and strong growth
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