Nordson(NDSN) - 2021 Q3 - Earnings Call Presentation

Company Overview and Financial Performance - CyberOptics' revenue grew at a compound annual growth rate (CAGR) of approximately 12% to reach $70.1 million in 2020[19, 23] - The company's revenue for the first nine months of 2021 was $70.7 million, reflecting a 33% year-over-year increase[20] - CyberOptics' Q4 2021 revenue guidance is between $19.0 million and $23.0 million, compared to $16.9 million in Q4 2020[20] - The company has a strong balance sheet with $33.5 million in cash and no debt[20] MRS Technology and Products - Multi-Reflection Suppression (MRS) products revenue in 2020 was $31.8 million, a 33% increase compared to 2019[24] - MRS products revenue for the first nine months of 2021 was $37.4 million, up 57% year-over-year[24] - CyberOptics received $10.5 million in new purchase orders for the MX3000™ systems since late 2020[24, 57] WaferSense® Sensors - WaferSense® sensors revenue in 2020 was $15.0 million, an 8% increase compared to 2019[24, 77] - WaferSense® sensors revenue for the first nine months of 2021 was $17.9 million, up 58% year-over-year[24, 77] Market Opportunities - The market opportunity for MRS-enabled systems is projected to grow to approximately $2.9 billion in 2025[31, 32] - The market for MRS and WaferSense® sensors is expected to grow at a CAGR of over 20% through 2025, reaching approximately $438 million in 2025[31, 32] - The memory module Final Vision Inspection (FVI) system market is projected to be around $15 million+ per year for the next 5 years[32, 56, 58]