CyberOptics Corp. (CYBE) Issues Quarterly Earnings Results

CyberOptics Corp. (NASDAQ:CYBE) announced its quarterly earnings results on Thursday. The company reported $0.29 EPS for the quarter. During the same quarter in the prior year, the company earned ($0.11) earnings per share. The company earned $18.60 million during the quarter, compared to analysts’ expectations of $10.30 million.

Shares of CyberOptics Corp. (NASDAQ:CYBE) traded down 1.62% during trading on Thursday, reaching $18.88. 48,329 shares of the company’s stock traded hands. The stock has a market capitalization of $127.97 million and a PE ratio of 132.96. The company has a 50 day moving average price of $16.41 and a 200 day moving average price of $12.94. CyberOptics Corp. has a 1-year low of $4.80 and a 1-year high of $19.45.

Cyberoptics Corporation is a developer and manufacturer of sensing technology solutions. The Company’s products and services are used in the surface mount technology (SMT), semiconductor and three dimensional (3D) scanning solutions and services markets. Its products are sold into the electronics assembly, dynamic random access memory and flash memory, and semiconductor fabrication capital equipment markets.