Cognex Reports Third Quarter 2023 Results
Cognex Corporation (NASDAQ:
CGNX) today reported financial results for the third quarter of 2023. Table 1 below shows selected financial data for Q3-23 compared with Q3-22, and for the first nine months of 2023 compared with the same period in 2022.
Cognex Increases Quarterly Cash Dividend
Cognex Corporation (NASDAQ:
CGNX) today announced that the company's Board of Directors declared a quarterly cash dividend of $0.075 per share, payable on December 1, 2023 to all shareholders of record at the close of business on November 17, 2023. This dividend represents an increase of $0.005 per share, or 7%, over the $0.07 per share dividend paid in the prior quarter.
Cognex Completes Acquisition of Moritex Corporation
Cognex Corporation (NASDAQ:
CGNX), a leader in industrial machine vision, today announced the completion of its acquisition of Moritex Corporation. Cognex Management will further discuss the transaction on its previously announced third quarter earnings conference call on October 31, 2023.
Cognex Announces Third Quarter Earnings Release Date and Conference Call
Cognex Corporation (NASDAQ:
CGNX) will release earnings for the third quarter of 2023 on Tuesday, October 31, 2023, before the market opens, and will host a conference call that same day at 8:30 a.m. Eastern Daylight Time (EDT). The earnings release and conference call are scheduled to coincide with the company’s expected filing of its Form 10-Q for the quarter ended October 1, 2023.
Cognex To Acquire Moritex Corporation, A Global Leader In Machine Vision Optics Components And Advanced Imaging Solutions
Cognex Corporation (NASDAQ:
CGNX), a leader in industrial machine vision, today announced it has agreed to acquire Moritex Corporation (Moritex) from Trustar Capital, a private equity affiliate of CITIC Capital Holdings Limited, for ¥40 billion (approximately $275 million), in an all-cash transaction. Moritex is a leading global provider of optics components with a strong presence in Japan.
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Cognex Joins the OSARO Partners Alliance to Enhance Pick-and-Place Robots in Fulfillment Warehouses
OSARO®, a global leader in machine-learning-enabled robotics for e-commerce, has welcomed Cognex Corporation (NASDAQ:
CGNX), the leader in industrial machine vision, into the OSARO Partners Alliance, an ecosystem of expertise aimed at delivering optimal automation solutions to customers. By integrating Cognex DataMan fixed-mount, image-based barcode readers into the OSARO Robotic Bagging System, OSARO solved a difficult technical challenge for Zenni Optical.
Cognex Declares Quarterly Cash Dividend
Cognex Corporation (NASDAQ:
CGNX) today announced that the company's Board of Directors declared a quarterly cash dividend of $0.07 per share, payable on September 1, 2023 to all shareholders of record at the close of business on August 18, 2023.
Cognex Reports Second Quarter 2023 Results
Cognex Corporation (NASDAQ:
CGNX) today reported financial results for the second quarter of 2023. Table 1 below shows selected financial data for Q2-23 compared with Q2-22, and for the first six months of 2023 compared with the same period in 2022.
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Cognex Announces Second Quarter Earnings Release Date and Conference Call
Cognex Corporation (NASDAQ:
CGNX) will release earnings for the second quarter of 2023 on Thursday, August 3, 2023, before the market opens, and will host a conference call that same day at 8:30 a.m. Eastern Daylight Time (EDT). The earnings release and conference call are scheduled to coincide with the company’s expected filing of its Form 10-Q for the quarter ended July 2, 2023.
Cognex Announces Participation at Upcoming Investor Conferences
Cognex Corporation (NASDAQ:
CGNX) today announced that Robert J. Willett, Chief Executive Officer, will present at two upcoming investor conferences:
Cognex Reports First Quarter 2023 Results
Cognex Corporation (NASDAQ:
CGNX) today reported financial results for the first quarter of 2023. Table 1 below shows selected financial data for Q1-23 compared with Q1-22.
Cognex Declares Quarterly Cash Dividend
Cognex Corporation (NASDAQ:
CGNX) today announced that the company's Board of Directors declared a quarterly cash dividend of $0.07 per share, payable on June 2, 2023 to all shareholders of record at the close of business on May 19, 2023.
Cognex Announces First Quarter Earnings Release Date and Conference Call
Cognex Corporation (NASDAQ:
CGNX) will release earnings for the first quarter of 2023 on Thursday, May 4, 2023, before the market opens, and will host a conference call that same day at 8:30 a.m. Eastern Daylight Time (EDT). The earnings release and conference call are scheduled to coincide with the company’s expected filing of its Form 10-Q for the quarter ended April 2, 2023.
Cognex to Present at Raymond James Institutional Investors Conference
Cognex Corporation (NASDAQ:
CGNX) today announced that Paul Todgham, Senior Vice President of Finance and CFO of Cognex, will present at the 44th Annual Raymond James Institutional Investors Conference on Tuesday, March 7, 2023, beginning at 9:50 a.m. Eastern Standard Time.
Cognex Declares Quarterly Cash Dividend
Cognex Corporation (NASDAQ:
CGNX) today announced that the company's Board of Directors declared a quarterly cash dividend of $0.07 per share, payable on March 17, 2023 to all shareholders of record at the close of business on March 3, 2023.
Cognex Reports Fourth Quarter and Full Year 2022 Results
Cognex Corporation (NASDAQ:
CGNX) today reported financial results for 2022. Table 1 below shows selected financial data for Q4-22 compared with Q4-21 and Q3-22, and the year ended December 31, 2022 compared with the year ended December 31, 2021.
Cognex Announces Appointment of New Board Member and Retirement of Two Board Members
Cognex Corporation (NASDAQ:
CGNX) today announced the appointment of Angelos Papadimitriou to Cognex’s Board of Directors, effective on February 17, 2023. Papadimitriou will serve on the Audit Committee.
Cognex Announces Fourth Quarter Earnings Release Date and Conference Call
Cognex Corporation (NASDAQ:
CGNX) will release earnings for the fourth quarter of 2022 on Thursday, February 16, 2023, after the market closes, and will host a conference call that same day at 5:00 p.m. Eastern Standard Time (EST). The earnings release and conference call are scheduled to coincide with the company’s expected filing of its Form 10-K for the year ended December 31, 2022.
Cognex Acquires German Lighting Technology Provider SAC
Cognex Corporation (NASDAQ:
CGNX), the leading machine vision company, has acquired SAC Sirius Advanced Cybernetics GmbH, a German leader in lighting technology (“SAC”). The acquisition expands Cognex’s footprint across industries that manufacture at high speed with minimal tolerance for safety-critical failures, such as automotive and consumer electronics. Cognex plans to feature SAC’s Trevista products with its Vision Pro software offering.
Cognex Reports Third Quarter 2022 Results
Cognex Corporation (NASDAQ:
CGNX) today reported financial results for the third quarter of 2022. Table 1 below shows selected financial data for Q3-22 compared with Q3-21 and Q2-22, and for the nine months of 2022 compared with the same period in 2021.
Cognex Increases Quarterly Cash Dividend
Cognex Corporation (NASDAQ:
CGNX) today announced that the company's Board of Directors declared a quarterly cash dividend of $0.07 per share, payable on December 2, 2022 to all shareholders of record at the close of business on November 18, 2022. This dividend represents an increase of $0.005 per share, or 8%, over the $0.065 per share dividend paid in the prior quarter.
Cognex Announces Third Quarter Earnings Release Date and Conference Call
Cognex Corporation (NASDAQ:
CGNX) will release earnings for the third quarter of 2022 on Thursday, November 3, 2022, after the market closes, and will host a conference call that same day at 5:00 p.m. Eastern Daylight Time (EDT). The earnings release and conference call are scheduled to coincide with the company’s expected filing of its Form 10-Q for the quarter ended October 2, 2022.
Cognex Increases Revenue Guidance for the Third Quarter Prior to Analyst Day
Cognex Corporation (NASDAQ:
CGNX) today announced that it has increased its revenue guidance for the third quarter of 2022 ahead of the company’s triennial Analyst Day. The company now expects revenue to be between $195 million and $205 million as compared to the company’s previous guidance of $160 million to $180 million, which was given on August 2, 2022. This increase is primarily due to the company’s ability to fulfill customer demand sooner than anticipated due to strong progress in replenishing component inventory destroyed in the previously disclosed fire at the company’s primary contract manufacturer.
