Jeff Bertelsen of CyberOptics Selected as 2022 CFO of the Year Honoree by Minneapolis/St. Paul Business Journal
13 Setembro 2022 - 5:30PM
Business Wire
Jeff Bertelsen of CyberOptics Corporation® was announced as one
of the 2022 CFO of the Year honorees by Minneapolis/St. Paul
Business Journal. To view the announcement, visit the article.
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the full release here:
https://www.businesswire.com/news/home/20220913006249/en/
The Minneapolis/St. Paul Business Journal announced its honorees
for the 2022 CFO of the Year awards, our annual recognition of
outstanding financial executives in the Twin Cities.
“I am delighted to be selected as one of the 2022 CFO of the
Year honorees,” said Jeff Bertelsen, VP of Finance, CFO, CEO and
Secretary of CyberOptics. “On the heels of 32% year-over-year
profitable growth in 2021, CyberOptics reported strong operating
results with a 21% increase in revenue and 75% increase in net
income in the first half of 2022 vs. the same period in 2021.”
Chief financial officers oversee functions ranging from human
resources to technology to strategy — and finances, of course — and
have an existential impact on their companies. But since their work
often takes place behind the scenes, their achievements can be
overlooked outside of their own organizations.
We introduced this project in 2007 to remedy that, by
celebrating outstanding financial leaders at Twin Cities companies
large and small.
Nominees were evaluated by a panel consisting of other financial
executives, who scored them on their contributions to the company
and the community. This year's honorees will be recognized at an
awards event in November along with a full profile in our
publication.
About Minneapolis/St. Paul Business Journal
The Minneapolis/St. Paul Business Journal is a multi-platform
media company providing in-depth coverage of local business
communities and breaking news reaching more than 491,000 readers
each week. Through print, digital products such as its twice-a-day
emailed news digests and face-to-face events, the Business Journal
offers business leaders many avenues for making connections and
gives them a competitive edge locally, regionally and nationally.
Visit us at mspbj.com to learn more.
About CyberOptics
CyberOptics Corporation (www.cyberoptics.com) is a leading
global developer and manufacturer of high-precision 3D sensing
technology solutions. CyberOptics’ sensors are used for inspection
and metrology in the SMT and semiconductor capital equipment
markets to significantly improve yields and productivity. By
leveraging its leading edge technologies, the Company has
strategically established itself as a global leader in high
precision 3D sensors, allowing CyberOptics to further increase its
penetration of key vertical markets. Headquartered in Minneapolis,
Minnesota, CyberOptics conducts worldwide operations through its
facilities in North America, Asia and Europe.
Statements regarding the Company’s anticipated performance are
forward-looking and therefore involve risks and uncertainties,
including but not limited to: a possible world-wide recession or
depression resulting from the economic consequences of the COVID-19
pandemic; the negative effect on our revenue and operating results
of the COVID-19 crisis on our customers and suppliers and the
global supply chain; market conditions in the global SMT and
semiconductor capital equipment industries; trade relations between
the United States and China and other countries; the timing of
orders and shipments of our products, particularly our 3D MRS
SQ3000 and SQ3000+ Multi-Function systems and MX systems for memory
module inspection; increasing price competition and price pressure
on our product sales, particularly our inspection and metrology
systems; the level of orders from our OEM customers; the
availability of parts required to meet customer orders;
unanticipated product development challenges; the effect of world
events on our sales, the majority of which are from foreign
customers; rapid changes in technology in the electronics and
semiconductor markets; product introductions and pricing by our
competitors; the success of our 3D technology initiatives; the
market acceptance of our SQ3000 and SQ3000+ Multi-Function systems
and products for semiconductor inspection and metrology; costly and
time consuming litigation with third parties related to
intellectual property infringement; the negative impact on our
customers and suppliers due to past and future terrorist threats
and attacks and any acts of war; the impact of lower gross margin
MX3000 orders on our consolidated gross margin percentage in any
future period; risks related to cancellation or renegotiation of
orders we have received; and other factors set forth in the
Company’s filings with the Securities and Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220913006249/en/
Kathy Robideau 612-288-2100 twincities@bizjournals.com
Carla Furanna Vice President of Global Marketing CyberOptics
Corporation 952-820-5837 cfuranna@cyberoptics.com
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