Craig-Hallum Downgrades CyberOptics to Hold, Lowers Price Target to $54
$CYBE
Electronic Components
Technology
Craig-Hallum analyst Greg Palm downgrades CyberOptics (NASDAQ:CYBE) from Buy to Hold and lowers the price target from $58 to $54.
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CyberOptics® Corporation (NASDAQ:CYBE), a leading global developer and manufacturer of high-precision 3D sensing technology solutions, today announced Nordson Corporation ("the Company") has completed its acquisition of CyberOptics. The completion of the transaction follows Nordson's August 8, 2022, announcement that it had entered into an agreement to acquire the business. The acquisition bolsters the Company's position in the semiconductor and electronics industries with a differentiated, high-precision sensor and system portfolio that improves customers' yields, processes and productivity. About CyberOptics CyberOptics, a wholly owned subsidiary of Nordson Corporation (www.cyberoptics
29th Award Win for Proprietary MRS Sensor Technology CyberOptics® Corporation (NASDAQ:CYBE), a leading global developer and manufacturer of high-precision 3D sensing technology solutions, today announced that it received a 2022 Mexico Technology Award in the category of Inspection – Solder Paste Inspection (SPI) for its new Dual-Mode Multi-Reflection Suppression® (MRS)® sensor-enabled SE3000™ SPI system. The award was announced during a ceremony that took place Wednesday, Sept. 21, 2022 during SMTA Guadalajara in Mexico. The new Dual-Mode MRS sensor for the SE3000™ SPI system provides maximum flexibility for dedicated solder paste inspection applications, with one mode for high-speed insp
Jeff Bertelsen of CyberOptics Corporation® was announced as one of the 2022 CFO of the Year honorees by Minneapolis/St. Paul Business Journal. To view the announcement, visit the article. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220913006249/en/ The Minneapolis/St. Paul Business Journal announced its honorees for the 2022 CFO of the Year awards, our annual recognition of outstanding financial executives in the Twin Cities. "I am delighted to be selected as one of the 2022 CFO of the Year honorees," said Jeff Bertelsen, VP of Finance, CFO, CEO and Secretary of CyberOptics. "On the heels of 32% year-over-year profitable grow
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Colliers Securities resumed coverage of CyberOptics with a rating of Buy and set a new price target of $36.00
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Upgrades For Nutrien Ltd (NYSE:NTR), Scotiabank upgraded the previous rating of Sector Perform to Sector Outperform. Nutrien earned $5.85 in the second quarter, compared to $2.08 in the year-ago quarter. The stock has a 52-week-high of $117.25 and a 52-week-low of $67.23. At the end of the last trading period, Nutrien closed at $85.53. Cantor Fitzgerald upgraded the previous rating for Inspirato Incorporated (NASDAQ:ISPO) from Neutral to Overweight. The stock has a 52-week-high of $108.00 and a 52-week-low of $4.00. At the end of the last trading period, Inspirato closed at $4.94. For Restaurant Brands International Inc (NYSE:QSR), Argus Research upgraded the previous rating of Hold
Craig-Hallum analyst Greg Palm downgrades CyberOptics (NASDAQ:CYBE) from Buy to Hold and lowers the price target from $58 to $54.
Record Sales of Semiconductor Sensors and SQ3000™ Multi-Function Systems CyberOptics Corporation (NASDAQ:CYBE) today reported strong operating results for the second quarter and first six months of 2022. For the second quarter of 2022: Sales totaled $27.6 million, up 9% from $25.2 million in the second quarter of 2021. Net income came to $4.4 million or $0.58 per diluted share, an increase of 41% from $3.1 million or $0.41 per diluted share in the year-earlier quarter. A strong gross margin, which benefited from an improved sales mix, drove a significant portion of the earnings growth in this year's second quarter. For the first six months of 2022: Sales totaled $51.8 million, up
CyberOptics® Corporation (NASDAQ:CYBE), a leading global developer and manufacturer of high-precision 3D sensing technology solutions will hold its conference call to review operating results for the second quarter of 2022 on July 27th at 4:30pm Eastern. The second quarter earnings release will be issued prior to the call. Investors can access the live call by dialing toll-free 800-289-0720 prior to the start of the call and providing the conference ID: 1776006. A webcast of the live conference call, which will be archived for 30 days, can be heard by visiting the investor relations section of the CyberOptics website, www.cyberoptics.com. A replay of the call, available one hour afte
CyberOptics® Corporation (NASDAQ:CYBE), a leading global developer and manufacturer of high-precision 3D sensing technology solutions will hold its conference call to review operating results for the second quarter of 2022 on July 27th at 4:30pm Eastern. The second quarter earnings release will be issued prior to the call. Investors can access the live call by dialing toll-free 800-289-0720 prior to the start of the call and providing the conference ID: 1776006. A webcast of the live conference call, which will be archived for 30 days, can be heard by visiting the investor relations section of the CyberOptics website, www.cyberoptics.com. A replay of the call, available one hour afte