MINNEAPOLIS – CyberOptics reported third-quarter consolidated sales of $17.1 million, up 21% year-over-year, driven by record sales of inspection systems.
Net income was $1.6 million, up 65% compared to the year-ago period.
Operating income increased 76% to $2.1 million compared to the same period in 2010.
Cash and marketable securities totaled $26.6 million at the end of the quarter, up $2.7 million sequentially.