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It's always interesting when a growth stock stumbles, not least because it can create a compelling buying opportunity. That's possibly the case with machine vision specialist Cognex (NASDAQ: CGNX) . The company disappointed investors with its recent earnings, as 2022 turned out to be weak...
Summary Cognex posted weaker-than-expected fourth quarter results, with revenue undermined by weaker logistics/warehouse demand and margins hurt by supply chain constraints. Management guided well below the Street for Q1'23, as Amazon cuts back significantly on its warehouse/fulfillment...
Shares of Cognex (NASDAQ: CGNX) , a maker of machine-vision systems used to automate manufacturing processes, were tumbling today after the company reported worse-than-expected fourth-quarter results and issued lackluster first-quarter guidance. The stock was down by 14.3% as of 11:50...
2023 has gone very well for stock market investors, with major market benchmarks bouncing significantly from 2022's weakness. However, a big move lower on Thursday came on concerns about the Federal Reserve keeping interest rates higher for longer, and that caused the Nasdaq Composite (NASD...
Cognex ( NASDAQ: CGNX ) CEO in its Q4 earnings commented, "We are navigating through a challenging business environment. A few of our largest e-commerce customers have paused most of their investments. At the end of 2022, we observed slower trends across our broader factory automation...
Image source: The Motley Fool. Cognex (NASDAQ: CGNX) Q4 2022 Earnings Call Feb 16, 2023 , 5:00 p.m. ET Operator Continue reading For further details see: Cognex (CGNX) Q4 2022 Earnings Call Transcript
Cognex Corporation (CGNX) Q4 2022 Earnings Conference Call February 16, 2023 05:00 PM ET Company Participants Nathan McCurren - Head of Investor Relations Robert Willett - President & Chief Executive Officer Paul Todgham - Chief Financial Officer Conference C...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Automation and robotics are proving to be two megatrends of the 2020s. The pandemic, in particular, showed the vulnerability of our existing supply chains and labor supply. And the ensuing inflationary period we’ve seen ...
Cognex ( NASDAQ: CGNX ) declares $0.07/share quarterly dividend , in line with previous. Forward yield 0.51% Payable March 17; for shareholders of record March 3; ex-div March 2. See CGNX Dividend Scorecard, Yield Chart, & Dividend Growth. For further det...
Cognex press release ( NASDAQ: CGNX ): Q4 Non-GAAP EPS of $0.27 misses by $0.04 . Revenue of $239.43M (-1.9% Y/Y) misses by $5.66M . Cognex expects revenue for Q1-23 to be between $180 million and $200 million, vs. consensus of $234.88M. Gross margin for Q1-23...
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2024-07-13 03:05:00 ET With Tesla stock up nearly 40% over the last month and the company releasing better-than-expected car-delivery data in the second quarter, it's time to start thinking that the bottom might be in for the electric vehicle (EV) market. If so, then investors should ta...
Cognex Announces Second Quarter 2024 Earnings Release and Conference Call Dates PR Newswire NATICK, Mass. , July 12, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) will release earnings for the second quarter of 2024 on Wednesday, July 31, 2024 , ...