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CyberOptics (CyberOptics) Operating Income : $17.9 Mil (TTM As of Jun. 2022)


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What is CyberOptics Operating Income?

CyberOptics's Operating Income for the three months ended in Jun. 2022 was $5.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2022 was $17.9 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. CyberOptics's Operating Income for the three months ended in Jun. 2022 was $5.0 Mil. CyberOptics's Revenue for the three months ended in Jun. 2022 was $27.6 Mil. Therefore, CyberOptics's Operating Margin % for the quarter that ended in Jun. 2022 was 18.07%.

Good Sign:

CyberOptics Corp operating margin is expanding. Margin expansion is usually a good sign.

CyberOptics's 5-Year average Growth Rate for Operating Margin % was 18.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CyberOptics's annualized ROC % for the quarter that ended in Jun. 2022 was 25.19%. CyberOptics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was 43.89%.


CyberOptics Operating Income Historical Data

The historical data trend for CyberOptics's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CyberOptics Operating Income Chart

CyberOptics Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 3.36 0.94 6.00 14.34

CyberOptics Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.66 5.17 3.78 3.96 4.98

CyberOptics Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CyberOptics  (NAS:CYBE) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

CyberOptics's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

ROC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=19.928 * ( 1 - 12.59% )/( (68.015 + 70.27)/ 2 )
=17.4190648/69.1425
=25.19 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2022) data.

2. Joel Greenblatt's definition of Return on Capital:

CyberOptics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=19.928/( ( (5.185 + max(37.36, 0)) + (5.033 + max(43.226, 0)) )/ 2 )
=19.928/( ( 42.545 + 48.259 )/ 2 )
=19.928/45.402
=43.89 %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.271 + 30.048 + 2.076) - (15.946 + 1.089 + 3.5527136788005E-15)
=37.36

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.05 + 29.645 + 2.916) - (16.672 + 0.713 + -3.5527136788005E-15)
=43.226

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

3. Operating Income is also linked to Operating Margin %:

CyberOptics's Operating Margin % for the quarter that ended in Jun. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2022 )/Revenue (Q: Jun. 2022 )
=4.982/27.569
=18.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


CyberOptics Operating Income Related Terms

Thank you for viewing the detailed overview of CyberOptics's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


CyberOptics (CyberOptics) Business Description

Traded in Other Exchanges
N/A
Address
5900 Golden Hills Drive, Minneapolis, MN, USA, 55416
CyberOptics Corp is a developer and manufacturer of sensing technology solutions. The company's products and services are used in the surface mount technology, semiconductor and three-dimensional scanning solutions and services markets. The majority of its products are developed and sold for use in SMT electronic circuit board assembly. The company develops, manufactures and sells non-contact sensors and systems for process control and inspection, and general-purpose metrology. The company's product offerings are sold to original equipment manufacturers and end-user customers.
Executives
Hardy Cordell director 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Jeffrey A. Bertelsen officer: CFO and COO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Michael M. Selzer director 2341 JOHN MARSHALL, #273, FLAGSTAFF AZ 86005
Subodh K Kulkarni officer: President and CEO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Cheri B Podzimek director 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK MN 55428
Craig D Gates director
Vivek Mohindra director C/O CYBEROPTICS CORPORATION, 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Alex B Cimochowski director 24424 N. 117TH STREET, SCOTTSDALE AZ 85255
Daniel Good officer: VP Corporate Development 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven J Dimarco officer: VP-Mktg. & Strategic Planning 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Kathleen P Iverson director, officer: President and CEO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven K Case director, officer: Chairman
Michael Proulx officer: Vice President-Operations 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Erwin A Kelen director
Scott G Larson officer: Vice President-Finance & CFO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416

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