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CyberOptics Looks to Break Even in 2015

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Optical metrology firm CyberOptics Corp. said it expects sales growth of at least 10 percent and a break-even operating result in the year ahead after introducing new products and cutting losses in 2014. Full-year revenues totaled $46.5 million, an increase of 40 percent from $33.3 million in 2013. The March 2014 acquisition of Laser Design Inc., a Minneapolis 3-D metrology company, contributed $5.3 million to CyberOptics’ revenues. This brought the company’s net loss to $1.5 million, compared to a net loss of $6.2 million in 2013. The company turned a profit of...Read full article

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    Published: February 2015
    Glossary
    metrology
    Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
    AmericasMinnesotaCyberOpticsSubodh KulkarniTest & MeasurementmetrologyinspectionindustrialsemiconductorsMRSmultireflection suppressionlight speedBusiness

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