News
MALMO, SWEDEN -- PartnerTech reported third-quarter sales rose 2% from last year to SEK 528 million ($83.2 million) on higher capacity utilization at most of its EMS units. The company's machining operations saw a sharp, ongoing decline, especially from its defense end-market.
MINNEAPOLIS -- CyberOptics narrowed its third-quarter operating loss although revenues fell 25% year-over-year on lower demand for SMT inspection systems. For the quarter ended Sept. 30, the AOI maker reported an operating loss of $961,000, less than the $1.2 million in losses taken in the June quarter, but 63% lower than a year ago.
REDMOND, WA -- Data I/O swung to third quarter net income of $146,000, up from a loss of $1.3 million a year ago. For the period ended Sept. 30, net sales were up 24% to $5.4 million. Bookings rose $200,000 over last year to $4.3 million.
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