MINNEAPOLIS – CyberOptics now anticipates a slight operating loss for the third quarter on revenue of $11.6 million to $11.8 million, opposed to prior guidance of $13 million to $15 million.

Revenues of approximately $1 million from a previously announced order for SQ3000 3D AOI systems were anticipated in the third quarter, but due to a delay in customer acceptance, only $275,000 was recognized during this period, the firm says. The remaining balance of $725,000 is expected to be recognized in the fourth quarter.

Lower than expected sales of other SMT systems and general-purpose metrology products accounted for the remainder of the third quarter sales shortfall.

CyberOptics ended the third quarter with an order backlog totaling approximately $10.8 million, up from $7.3 million at the end of the second quarter.

For the fourth quarter ending Dec. 31, CyberOptics anticipates revenue of $11.5 million to $13 million, including approximately $900,000 from a previously announced $3 million in pending orders for SQ3000 systems.

 

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