Orbbec (SHA:688322) forecasts it will return to a profit of 107.5 million yuan in the first three quarters from a loss of 60.3 million yuan in the year-ago period, according to a Friday filing with the Shanghai bourse.
The electronics components distributor also expects revenue to surge 104% year over year to 714 million yuan from 350.9 million yuan.
The upbeat forecast is attributable to "rapid" expansion in its 3D scanning, payment verification, and robots sectors, coupled with cost control, the filing said.
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