Cognex Q1 2024 Earnings Report

Cognex logo
$39.46 +1.25 (+3.27%)
As of 02/10/2025 04:00 PM Eastern

Cognex EPS Results

Actual EPS
$0.05
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Cognex Revenue Results

Actual Revenue
$210.80 million
Expected Revenue
$198.14 million
Beat/Miss
Beat by +$12.66 million
YoY Revenue Growth
N/A

Cognex Announcement Details

Quarter
Q1 2024
Time
N/A

CGNX Upcoming Earnings

Cognex will be holding an earnings conference call on Thursday, February 13 at 8:30 AM Eastern. Interested parties can register for or listen to the call.

Conference Call Resources

Conference Call Audio

Slide Deck

Cognex Earnings Headlines

Brokerages Set Cognex Co. (NASDAQ:CGNX) Price Target at $47.92
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Cognex: Vision Does Not Translate In Results
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About Cognex

Cognex (NASDAQ:CGNX) provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, electric vehicle batteries, and e-commerce packages by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to automotive, logistics, consumer electronics, medical-related, semiconductor, consumer products, food and beverage, and others, as well as through a network of distributors and integrators. The company was incorporated in 1981 and is headquartered in Natick, Massachusetts.

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