Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
share
Email Facebook Twitter Google+ LinkedIn Comments

CyberOptics Continues to Whittle Down Losses

Photonics.com
Oct 2014
MINNEAPOLIS, Oct. 24, 2014 — Sensors firm CyberOptics Corp. decreased its net loss in the third quarter thanks in part to the acquisition of a 3-D metrology firm.

Net loss totaled $448,000, compared to $774,000 in the third quarter of 2013. Meanwhile, revenues increased 34 percent, from $8.7 million in the third quarter of 2013 to $11.7 million in the third quarter of this year.

The company credited the March acquisition of Laser Design Inc. with contributing $1.3 million in revenues.

“Since 3-D inspection is the high-growth segment of the electronic assembly, semiconductor and industrial markets, we are strategically repositioning CyberOptics as a developer and manufacturer of high-precision 3-D sensors,” said CEO Dr. Subodh Kulkarni.

He said the company continues to develop multireflection suppression (MRS) 3-D technology, which is intended to aid inspection of ever-smaller circuit components. The company plans to launch an MRS area-of-interest inspection system in the first quarter of next year.

Sales of surface-mount technology (SMT) sensors increased 42 percent from last year’s third quarter, inspection systems sales rose 4 percent and sales of semiconductor products, principally the WaferSense product line, were up 8 percent, the CEO said.

Kulkarni said he expects double-digit sales growth and a reduced loss in the fourth quarter.

For more information, visit www.cyberoptics.com.

GLOSSARY
metrology
The science of measurement, particularly of lengths and angles.
BusinessAmericasMinnesotaCyberOpticsSensors & Detectorsmetrologyinspection3-D3Dmultireflection suppression

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.