MINNEAPOLIS –
CyberOptics Corp. today reported first-quarter consolidated sales of $12.3 million, up 38% sequentially, and up 183% year-over-year.
Orders for the quarter were up 58% to $17 million compared to the fourth quarter of 2009.
First-quarter operating income was $257,000, compared to operating losses of $1.6 million in the prior quarter and $4 million in the same quarter last year.
Net income was $247,000, compared to net losses of $1.6 million in the fourth quarter and $2.4 million in the first quarter of 2009.
“Sales of alignment sensors to manufacturers of robotic assembly equipment, including
Juki and
Assembléon, were up 61% from last year's fourth quarter. Sales of inspection systems increased 32% during the same period, paced by orders for our SE500 solder paste inspection system from original design manufacturers in China,” said Kathleen P. Iverson, CEO and chair.
The firm forecasts $16 million to $17 million in revenue for the second quarter.