Cognex(CGNX)
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Cognex Strengthens Market Leadership in Industrial Barcode Reading with Two New AI-Powered Products
Prnewswire· 2025-01-14 13:00
DataMan 290 and 390 barcode readers, backed by industry-leading customer support, deliver unmatched reliability and ease of useNATICK, Mass., Jan. 14, 2025 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, today announced the launch of the DataMan® 290 and 390 barcode readers. Thanks to innovative AI technology, these readers deliver reliable decoding performance across a broad range of manufacturing applications. In addition, by making setup and deployment easy and ...
Here Are My 3 Top Growth Stocks to Buy Now
The Motley Fool· 2024-12-27 09:41
These three stocks have game-changing megatrends behind them, which aren't always immediately apparent when first looking at the stocks. Here's the hidden growth potential in machine-vision company Cognex Corporation (CGNX 0.68%), positioning and workflow-technology company Trimble (TRMB 0.60%), and Delta Air Lines (DAL -0.26%), and why all three are great stocks to buy for 2025.AI and automation will drive demand for Cognex's machine-vision solutionsIt's not easy when customers in your three major end mark ...
Cognex to Present at the Baird Global Industrial Conference
Prnewswire· 2024-11-11 21:45
NATICK, Mass., Nov. 11, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today announced that Rob Willett, President and Chief Executive Officer of Cognex, will present at the Baird 2024 Global Industrial Conference on Thursday, November 14, 2024, beginning at 10:05 a.m. Eastern Standard Time.Users can listen to a real-time audio broadcast, or an archived recording, on the Events & Presentations section of the Cognex Investor Relations website: http://www.cognex.com/investor.About Cognex CorporationCo ...
Cognex: Not Out Of The Woods Yet
Seeking Alpha· 2024-11-11 16:00
Cognex's (NASDAQ: CGNX ) business has shown signs of improvement in recent quarters, driven by the Moritex acquisition and its emerging customer initiative. Outside of this, the core business is still struggling, with automotive an area of particular weakness.Richard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved by id ...
Cognex(CGNX) - 2024 Q3 - Earnings Call Presentation
2024-10-31 14:49
COMPANYWHE 1 © 2024 Cognex Corporation Cognex Q3-2024 Financial Results October 30, 2024 Forward Looking Statements Certain statements made in this presentation, as well as oral statements made by the Company from time to time, constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Readers can identify these forward-looking statements by our use of the words "expects," "anticipates ...
Cognex(CGNX) - 2024 Q3 - Earnings Call Transcript
2024-10-31 14:44
Cognex Corporation (NASDAQ:CGNX) Q3 2024 Results Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Nathan McCurren - Head of Investor Relations and Treasurer Robert Willett - President and Chief Executive Officer Dennis Fehr - Senior Vice President of Finance and Chief Financial Officer Conference Call Participants Jamie Cook - Truist Securities Tommy Moll - Stephens Inc. Andrew Buscaglia - BNP Paribas Damian Karas - UBS Securities Michael Anastasiou - TD Cowen Jim Ricchiuti - Needha ...
Cognex Corporation (CGNX) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-30 23:10
Cognex Corporation (CGNX) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 17.65%. A quarter ago, it was expected that this company would post earnings of $0.20 per share when it actually produced earnings of $0.23, delivering a surprise of 15%. Over the last four quarters, the compan ...
Cognex(CGNX) - 2024 Q3 - Quarterly Results
2024-10-30 20:33
Exhibit 99.1 Cognex Reports Third Quarter 2024 Results October 30, 2024―NATICK, MA—Cognex Corporation (NASDAQ: CGNX) today reported financial results for the third quarter of 2024. Table 1 below shows selected financial data for Q3-24 compared with Q3-23 and Q2-24. "Cognex generated third quarter revenue and adjusted EBITDA margin in line with our guidance," said Robert J. Willett, CEO. "Revenue grew year-on-year on both a reported basis and excluding Moritex, led by continued strength in our Logistics and ...
Cognex Reports Third Quarter 2024 Results
Prnewswire· 2024-10-30 20:30
NATICK, Mass., Oct. 30, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today reported financial results for the third quarter of 2024. Table 1 below shows selected financial data for Q3-24 compared with Q3-23 and Q2-24."Cognex generated third quarter revenue and adjusted EBITDA margin in line with our guidance," said Robert J. Willett, CEO. "Revenue grew year-on-year on both a reported basis and excluding Moritex, led by continued strength in our Logistics and Semiconductor end markets. However, con ...
2 Top Automation and Robotics Stocks to Buy in October
The Motley Fool· 2024-09-29 13:45
These two stocks are set for recovery and have excellent long-term growth prospects as industrial companies invest in automation and robotics. It's no secret that the industrial economy has been weak, pressured by relatively high interest rates. Still, in such circumstances, it makes sense to invest in industries with a high probability of recovery, and that's why robotics and automation stocks should be high on the buy list. Cognex (CGNX -0.07%) and Emerson Electric (EMR 0.29%), are two ways to play this t ...