Benzinga | Jul 20, 2021 08:55AM EDT

CyberOptics Scoops $2.4M Order

* 3D sensing technology solutions provider CyberOptics Corp (NASDAQ:CYBE) won new follow-on orders worth $2.4 million for its SQ3000 Multi-Function systems.

* The order relates to in-line inspection and metrology in printer cartridge component manufacturing processes.

* It aims to recognize revenue from these orders in late 2021 or early 2022.

* Price action: CYBE shares closed higher by 1.68% at $37.61 on Monday.