CYBE - CyberOptics rises 11% on topping Q3 estimates

CyberOptics (NASDAQ:CYBE) +11% beats GAAP EPS by 22 cents, revenue by $1M. Revenue of $27.8M, up 34% Y/Y. Below is the revenue breakdown. Revenue breakdown: Sales of 3D and 2D sensors increased 50% Y/Y to $5.5M. 3D MRS sensors sales rose 81% Y/Y to $3.6M driven by demand for these sensors in high-end electronics and semiconductor inspection and metrology applications. Semiconductor sensors sales, principally WaferSense line of products, increased 93% Y/Y to a record $7.4M. Sales of inspection and metrology systems rose 12% to $14.9 million. Within this product category, sales of SQ3000 Multi-Function inspection systems increased 9% Y/Y to $7.4M. As expected, no MX sales are forecasted in this year’s fourth quarter due to normal sales variability. MX3000 orders are expected to be recognized as revenue in the first half of 2022. Backlog at September 30, 2021 totaled $44.2M, compared to $45.3 million at the end of this year’s second quarter

For further details see:

CyberOptics rises 11% on topping Q3 estimates