CyberOptics Receives $800,000 Order for 3D MRS-Enabled Sensors from Major New OEM Customer
May 02, 2016 at 16:00 PM EDT
CyberOptics Corporation (Nasdaq: CYBE) today announced the receipt of an $800,000 order for 3D MRS-enabled sensors from a major new OEM customer for a general metrology application. Revenues from this order are anticipated later this year.
CyberOptics recently reported strong first quarter sales growth and earnings driven by demand for sensors and inspection systems based upon its unique 3D sensing technology.
Statements regarding the Company’s anticipated performance are forward-looking and therefore involve risks and uncertainties, including but not limited to: market conditions in the global SMT and semiconductor capital equipment industries; increasing price competition and price pressure on our product sales, particularly our SMT systems; the level of orders from our OEM customers; the availability of parts required to meet customer orders; unanticipated product development challenges; the effect of world events on our sales, the majority of which are from foreign customers; rapid changes in technology in the electronics markets; product introductions and pricing by our competitors; the success of our 3D technology initiatives; expectations regarding our 2014 acquisition of Laser Design, Inc. (LDI) and its impact on our operations; and other factors set forth in the Company’s filings with the Securities and Exchange Commission.