Revenue Update on CyberOptics Corporation(NASDAQ:CYBE)

CyberOptics Corporation(NASDAQ:CYBE) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Earnings per share were $0.29.

CyberOptics Corporation (CYBE) shares turned negative on Thursdays trading session with the shares closing down -0.27 points or -1.51% at a volume of 32,514. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $17.9. The peak price level was also seen at $17.9 while the days lowest was $17.56. Finally the shares closed at $17.64. The 52-week high of the shares is $19.449 while the 52-week low is $4.8. According to the latest information available, the market cap of the company is $120 M.

Several Insider Transactions has been reported to the SEC. On Aug 3, 2015, Subodh K Kulkarni (CEO) purchased 500 shares at $6.31 per share price.

Cyberoptics Corporation is a global developer and manufacturer of sensing technology solutions. The Company’s products and services are used in the surface mount technology (SMT) semiconductor and 3D scanning solutions and services markets. The Company develops manufactures and sells non-contact sensors and systems for process control and inspection and for metrology applications and services. Its SMT electronic assembly alignment sensor products is a family of alignment sensors that are customized and incorporated into the equipment manufactured by its customers for use in SMT circuit board assembly. The Company through LDI provides 3D scanning systems and services to the global general purpose metrology market. Its semiconductor products the WaferSense family of products are a series of wireless sensors that provide measurements of critical factors in the semiconductor fabrication process.

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