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CyberOptics Reports Strong First Quarter Results. Record Quarter-Ending Order Backlog of $24.8 Million
CyberOptics Corporation (Nasdaq: CYBE) today reported sales of $16.4 million for the first quarter of 2020 ended March 31, an increase of 10% from $15.0 million in the first quarter of 2019. Net income for the first quarter of 2020 was $844,000 or $0.11 per diluted share, up significantly from $495,000 or $0.07 per diluted share in the year-earlier quarter.
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