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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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    Published: May 2014
    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,...
    AmericasAOIBusinessCyberOpticsindustrialLDImetrologyMinnesotaOpticsSensors & DetectorsSPILaser Design Inc.SE600 solder paste inspectionQX600 automated optical inspectionLasers

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