Savvy Trades and Investments

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CYBE announces earnings date. And reaffirms the expectation for strong year-over-year growth in revenues and profits. We knew this as they have a very easy comp. Market seems to like the news. Will be interesting to see if Q2 is down sequentially and by how much...and what the reaction will be. I think revenues and backlog will decline sequentially, but earnings might be up on better margins. Given the huge run the stock has had this year, I think the risk is to the downside. But market is hot so who knows.


From today's PR:

As previously reported in its first quarter earnings release, CyberOptics is forecasting strong year-over-year sales growth and profitability in this year’s second quarter. Management also will discuss the company’s positive outlook for the balance of 2016.

http://finance.yahoo.com/news/cyberoptics-first-quarter-2016-conference-134600337.html