High-precision 3D sensing developer CyberOptics Corporation reported its financial results for Q4 2020 - revenues were $16.9 million, pretty much unchanged from Q4 2019, while net income was $1.5 million. For the full-year 2020, revenues were $70.1 million and the net income was $5.7 million.
CyberOptics reported $600,000 in sales of SQ3000 Multi-Function systems for MicroLED inspection in the quarter, and $4.6 million in full-year sales. The company anticipates more orders for MicroLED systems throughout 2021 and believes that microLED inspection and metrology applications present significant long-term growth opportunities.
Posted: Feb 19,2021 by Ron Mertens
