Login

CYBEROPTICS CORP

cyberoptics.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2022 10-Q, filed Aug 11, 2022. Its latest SEC filing is a SC 13G/A from Jan 31, 2023.

The sections below describe the company as of the FY2021 annual report.

What Did They Do?

Sells sensors and inspection systems for electronics circuit-board makers and semiconductor manufacturers, plus wireless sensors that measure conditions in semiconductor fabrication equipment.

How Did They Make Money?

Customers buy sensors and inspection systems; most product sales bring in revenue when goods ship, or after customer acceptance for some products. Custom sensor production and 3D scanning projects bring in revenue as work progresses; maintenance and extended warranties do so over their contract terms.

FY2021 revenue

Who Were Their Customers?

OEMs and system integrators buy sensors directly; manufacturers buy inspection and metrology systems through direct sales teams, independent representatives and distributors. Semiconductor fabrication facilities buy WaferSense sensors through representatives and distributors, while large equipment makers buy them directly.

Customers above 10% of revenue, FY2021
of revenue from one customer
FY2020: 27% from two customers

Did Revenues Turn Into Profits?

Yes. It kept 14 cents of every revenue dollar as net income in FY2021 and turned 9 cents into free cash flow.

Operating income, FY2021
15% of revenue
โ–ฒ +139% vs FY2020 ($6M, 9%)
Net income, FY2021
14% of revenue
โ–ฒ +122% vs FY2020 ($5.7M, 8%)
Free cash flow, FY2021
9% of revenue
โ–ฒ +91% vs FY2020 ($4.4M, 6%)

How Were They Changing?

Since the FY2021 annual report
Latest quarter: Q2 FY2022, the three months to Jun 30, 2022
Revenue
โ–ฒ +9%
vs $25.2M in Q2 FY2021
Net income
โ–ฒ +41%
vs $3.1M in Q2 FY2021
  • Nov 3, 2022 Nordson completed its acquisition of CyberOptics CyberOptics became a wholly owned subsidiary, and Nasdaq filed to delist its shares.
  • Aug 8, 2022 Agreed to be acquired by Nordson for $54.00 per share
  • Jul 27, 2022 Forecast third-quarter sales of $26.0 million to $29.0 million

Grew. Revenue grew 74% in 4 years, from $53.3M in FY2017 to $92.8M in FY2021, about 15% a year.

Who Did They Compete With?

Competes with Keyence, Cognex, Koh Young Technology, MirTec, PARMI, Test Research, Viscom, Camtek, Unity SC, Utechzone, Onto Innovation, Hexagon, and Zeiss

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support