Cognex(CGNX) - 2023 Q1 - Earnings Call Transcript

Cognex Corporation (NASDAQ:CGNX) Q1 2023 Earnings Conference Call May 4, 2023 8:30 AM ET Paul Todgham - Chief Financial Officer Jacob Levinson - Melius Research Jairam Nathan - Daiwa Capital Markets Nathan McCurren Rob Willett Additionally, we are comparing to an exceptionally strong Q1 of 2022, highlighted by large logistics projects and backlog catch-up as the supply environment improved. Gross margin of 71% in Q1 was in line with our expectations, yet still below our mid-70% long-term target due to the e ...