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MINNEAPOLISCyberOptics Corp. today reported first-quarter consolidated sales of $12.3 million, up 38% sequentially, and up 183% year-over-year.

Orders for the quarter were up 58% to $17 million compared to the fourth quarter of 2009.

First-quarter operating income was $257,000, compared to operating losses of $1.6 million in the prior quarter and $4 million in the same quarter last year.

Net income was $247,000, compared to net losses of $1.6 million in the fourth quarter and $2.4 million in the first quarter of 2009.

“Sales of alignment sensors to manufacturers of robotic assembly equipment, including Juki and Assembléon, were up 61% from last year's fourth quarter. Sales of inspection systems increased 32% during the same period, paced by orders for our SE500 solder paste inspection system from original design manufacturers in China,” said Kathleen P. Iverson, CEO and chair.

The firm forecasts $16 million to $17 million in revenue for the second quarter.
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