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Cognex Q2 2024 Earnings Report

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$37.50 +0.02 (+0.05%)
As of 01/8/2025 04:00 PM Eastern

Cognex EPS Results

Actual EPS
$0.17
Consensus EPS
$0.14
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.32

Cognex Revenue Results

Actual Revenue
$239.00 million
Expected Revenue
$240.33 million
Beat/Miss
Missed by -$1.33 million
YoY Revenue Growth
-1.60%

Cognex Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

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Cognex Earnings Headlines

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Short Interest in Cognex Co. (NASDAQ:CGNX) Rises By 6.4%
See More Cognex Headlines
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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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