CYBE - CyberOptics slides after mixed report disappointing outlook
CyberOptics (CYBE) reports mixed Q3 results that missed on EPS and beat on revenue.Q3 highlights: Total sales rose 67.7% y/y to $20.8M.Sales of inspection and metrology systems in Q3 totaled $13.3M (+141% Y/Y), sales of 3D and 2D sensors at $3.6M (+15%) and semiconductor sensors at $3.8M (+4%).Q3 order backlog of $17.7M, compared to $24.8M at the end of the Q2.CYBE sees Q4 sales in the range of $15.5 to $17.0M vs. a consensus of $17.6M.Previously: CyberOptics EPS misses by $0.03, beats on revenue (Oct. 22)Related: CyberOptics Corporation's (CYBE) CEO Subodh Kulkarni on Q3 2020 Results - Earnings Call Transcript (Oct. 22)
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CyberOptics slides after mixed report, disappointing outlook