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CyberOptics Corporation (Nasdaq: CYBE) announced a new order worth approximately $1.3 million for its SQ3000™ Multi-Function systems, aimed at mini LED inspection and metrology. Revenue from this order is expected to be recognized in the second half of 2021. The company is known for its advanced 3D sensing technology solutions, which enhance productivity and yield in the SMT and semiconductor sectors. CyberOptics operates globally with a focus on key vertical markets, though it faces various risks, including supply chain challenges and competition.
CyberOptics Corporation (Nasdaq: CYBE) will present at the 16th Annual Needham Virtual Technology & Media Conference on May 20, 2021, at 8:45 AM ET. Investors can access the live webcast and the investor presentation through the CyberOptics investor relations page. A replay will be available for 60 days after the event. CyberOptics, headquartered in Minneapolis, is a global leader in high-precision 3D sensing technology for the SMT and semiconductor markets, aiming to enhance productivity and yield.
CyberOptics Corporation (Nasdaq: CYBE) reported Q1 2021 sales of $17.7 million, an 8% increase from Q1 2020's $16.4 million. Net income rose to $1.4 million or $0.19 per diluted share, compared to $844,000 or $0.11 in the previous year. The improved gross margin of 47% was attributed to a higher share of high-margin WaferSense® products. Backlog increased to $32.4 million, and sales for Q2 2021 are forecasted between $21.0 million and $23.0 million.
CyberOptics Corporation (Nasdaq: CYBE) has announced a new order worth approximately $2.4 million for its SQ3000™ Multi-Function systems, aimed at mini LED inspection and metrology. The shipments are scheduled to begin in the second quarter of 2021, concluding by June 30. As a global leader in high precision 3D sensing technology, CyberOptics continues to enhance its position in key vertical markets while navigating challenges posed by the COVID-19 pandemic and global supply chain issues.
CyberOptics Corporation (NASDAQ: CYBE) will host a conference call on April 27th at 4:30 PM Eastern to discuss its first quarter 2021 operating results. The earnings release is expected to be issued prior to the call. Investors can join via a toll-free number and conference ID. A webcast will be available on the company's website, along with a 30-day archived replay of the call for those unable to attend live.
CyberOptics Corporation (NASDAQ: CYBE) will conduct a conference call to discuss its first-quarter 2021 operating results on April 27 at 4:30 PM Eastern. Investors are encouraged to access the live call by dialing 800-437-2398 and providing the conference ID: 6373813. A webcast will also be available on the CyberOptics website.
CyberOptics is a global leader in high-precision 3D sensing technology solutions, primarily serving the SMT and semiconductor markets, aimed at improving yields and productivity.
CyberOptics Corporation (Nasdaq: CYBE) has secured a $1.8 million order from a recurring customer for its MX3000 memory module inspection systems using Multi-Reflection Suppression™ (MRS™) sensors. This revenue is expected to be recognized in the latter half of 2021. The company will announce its Q1 2021 operating results on April 27. CyberOptics, based in Minneapolis, specializes in high-precision 3D sensing technologies for the SMT and semiconductor markets, enhancing yields and productivity.
CyberOptics Corporation (NASDAQ: CYBE) will exhibit cutting-edge sensing technologies at the Touch Taiwan Exhibition from April 21-23, showcasing the In-Line Particle Sensor (IPS), WaferSense sensors, and the NanoResolution MRS sensor. The IPS monitors particles in semiconductor processes 24/7, enhancing productivity by identifying contamination sources. The NanoResolution MRS sensor provides sub-micrometer accuracy for advanced packaging inspection. CyberOptics aims to capitalize on stringent manufacturing demands to boost market presence and improve operational efficiencies.
CyberOptics Corporation (Nasdaq: CYBE) announced a $1.2 million order for its MX3000 memory module inspection systems utilizing Multi-Reflection Suppression™ (MRS™) sensors. This order will be recognized as revenue in the second half of 2021. CyberOptics will also release its first-quarter 2021 operating results on April 27 after market close. The company is a leader in high-precision 3D sensing technology solutions for the SMT and semiconductor markets, enhancing yield and productivity.
CyberOptics Corporation (NASDAQ: CYBE) has won the 2021 EM Innovation Award in the PCBA-SMT-Inspection category for its SQ3000 Multi-Function system presented on March 17, 2021, at SEMICON China. This award recognizes the system's exceptional ability to identify defects and measure parameters quickly, outperforming traditional methods. The SQ3000 utilizes proprietary Multi-Reflection Suppression technology, ensuring high-speed and precise inspections necessary for stringent quality requirements in electronics manufacturing. This recognition reflects CyberOptics’ innovative contributions to the industry.
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