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CyberOptics: Q3 Earnings Insights

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Shares of CyberOptics (NASDAQ:CYBE) moved lower by 10% after the company reported Q3 results.

Quarterly Results

Earnings per share increased 580.00% over the past year to $0.24, which missed the estimate of $0.27.

Revenue of $20,820,000 up by 68.03% from the same period last year, which beat the estimate of $20,100,000.

Outlook

CyberOptics hasn't issued any earnings guidance for the time being.

CyberOptics hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Oct 22, 2020

View more earnings on CYBE

Time: 04:30 PM

ET Webcast URL: https://streaming.webcasts.com/starthere.jsp?ei=1382755&tp_key=f7ec4380cb

Recent Stock Performance

Company's 52-week high was at $43.48

Company's 52-week low was at $12.77

Price action over last quarter: down 1.60%

Company Profile

CyberOptics Corp is a developer and manufacturer of sensing technology solutions. The company's products and services are used in the surface mount technology, semiconductor and three-dimensional scanning solutions and services markets. The majority of its products are developed and sold for use in SMT electronic circuit board assembly. The company develops, manufactures and sells non-contact sensors and systems for process control and inspection, and general-purpose metrology. The company's product offerings are sold to original equipment manufacturers and end-user customers.

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