CyberOptics Receives $4.6 Million of New Orders for 3D MX3000™ Systems
25 May 2022 - 6:30AM
Business Wire
CyberOptics Corporation (Nasdaq: CYBE), a leading global
developer and manufacturer of high precision sensing technology
solutions, today announced that it has received new orders valued
at $4.6 million from recurring customers for its 3D MX3000 memory
module inspection systems, powered by Multi-Reflection Suppression®
(MRS®) sensors. These final vision inspection (FVI) systems are
expected to be recognized as revenue in the second half of
2022.
About CyberOptics
CyberOptics Corporation (www.cyberoptics.com) is a leading
global developer and manufacturer of high-precision 3D sensing
technology solutions. CyberOptics’ sensors are used for inspection
and metrology in the SMT and semiconductor markets to significantly
improve yields and productivity. By leveraging its leading edge
technologies, the Company has strategically established itself as a
global leader in high precision 3D sensors, allowing CyberOptics to
further increase its penetration of key vertical markets.
Headquartered in Minneapolis, Minnesota, CyberOptics conducts
worldwide operations through its facilities in North America, Asia
and Europe.
Statements regarding the Company’s anticipated performance are
forward-looking and therefore involve risks and uncertainties,
including but not limited to: a possible world-wide recession or
depression resulting from the economic consequences of the COVID-19
pandemic; the negative effect on our revenue and operating results
of the COVID-19 crisis on our customers and suppliers and the
global supply chain; market conditions in the global SMT and
semiconductor capital equipment industries; trade relations between
the United States and China and other countries; the timing of
orders and shipments of our products, particularly our 3D MRS
SQ3000 and SQ3000+ Multi-Function systems and MX systems for memory
module inspection; increasing price competition and price pressure
on our product sales, particularly our inspection and metrology
systems; the level of orders from our OEM customers; the
availability of parts required to meet customer orders;
unanticipated product development challenges; the effect of world
events on our sales, the majority of which are from foreign
customers; rapid changes in technology in the electronics and
semiconductor markets; product introductions and pricing by our
competitors; the success of our 3D technology initiatives; the
market acceptance of our SQ3000 and SQ3000+ Multi-Function systems
and products for semiconductor inspection and metrology; costly and
time consuming litigation with third parties related to
intellectual property infringement; the negative impact on our
customers and suppliers due to past and future terrorist threats
and attacks and any acts of war; the impact of lower gross margin
MX3000 orders on our consolidated gross margin percentage in any
future period; risks related to cancellation or renegotiation of
orders we have received; and other factors set forth in the
Company’s filings with the Securities and Exchange Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20220524005954/en/
Jeffrey A. Bertelsen, Chief Financial Officer 763-542-5000
Carla Furanna, Vice President of Global Marketing
952-820-5837
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