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CyberOptics Reports Significant First Quarter Growth

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LDI Acquisition Completed and 3-D Technology Initiative Proceeding on Schedule

MINNEAPOLIS, May 5, 2014 — CyberOptics Corp. reports significant improvement in its first quarter operating results with a 46 percent increase in revenue, from $6.7 million in the fourth quarter of 2013 to $9.8 million in the first part of this year. The March acquisition of Laser Design Inc., a Minneapolis metrology company that touts an average annual revenue of about $6 million, has contributed approximately $500,000 to CyberOptics’ consolidated first quarter revenues. The company’s revenue growth can be attributed in part to a rise in sales of inspection systems, as well as its new SE600...Read full article

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