$CGNX (Cognex Corporation)

$CGNX {{ '2016-05-02T21:39:25+0000' | timeago}} • Webcast

Richard Eastman of Robert Baird probes on the Europe number of down 19% whether it's constant currency or a reported number. $CGNX said it's a reported number and on a constant currency basis, YonY in Europe, the currency impact was about $1MM.

$CGNX {{ '2017-07-31T21:18:59+0000' | timeago}} • Infographic

$CGNX Cognex Corporation Earnings AlphaGraphic: Q2 2017 Highlights

$CGNX {{ '2017-07-31T20:55:55+0000' | timeago}} • Announcement

$CGNX's BoD declared a quarterly cash dividend of $0.085 per share. This dividend is payable on Sept. 1, 2017 to all shareholders of record at the close of business on Aug. 18, 2017.

$CGNX {{ '2017-07-31T20:38:05+0000' | timeago}} • Announcement

In 3Q17, $CGNX expects GM to be in the mid-to-high 70% range, closer to the midpoint of the range as compared to the higher end reported in 2Q17. Opex is expected to increase by about 10% on a sequential basis due to growth investments and costs associated with acquisitions. The effective tax rate is expected to be 18% before discrete tax items.

$CGNX {{ '2017-07-31T20:34:54+0000' | timeago}} • Announcement

For 3Q17, $CGNX expects revenue to be $250-260MM. This range represents a substantial increase both YoY and sequentially due to higher anticipated revenue from the consumer electronics industry. $CGNX believes that the majority of larger consumer electronics orders in 2017 will be recognized as revenue in 3Q17 versus the prior year.

$CGNX {{ '2017-07-31T20:31:19+0000' | timeago}} • Announcement

$CGNX reported a 30% increase in 2Q17 earnings. Net income was $56MM or $0.63 per share compared to $43MM or $0.49 per share in 2Q16. Revenue grew 17% to $172MM from 2Q16. The growth YoY across a number of industries was partially offset by lower revenue from the consumer electronics industry.

$CGNX {{ '2017-05-01T21:17:02+0000' | timeago}} • Announcement

For 2Q17, $CGNX expects revenue to be in the range of $165-170MM. The company expects to report growth YoY in 2Q17 despite a lower contribution from consumer electronics, where larger orders are expected to turn to revenue later in the year.

$CGNX {{ '2017-05-01T21:12:38+0000' | timeago}} • Announcement

Provider of machine vision products $CGNX posted higher 1Q17 earnings, helped by increased revenues. Net income rose to $45.6MM, or $0.51 per share, compared to $14.8MM, or $0.17 per share during 1Q16. Net revenues rose 40% to $134.9MM from $96.2MM, mainly due to higher contributions from consumer electronics and automotive.

$CGNX {{ '2017-05-01T12:49:29+0000' | timeago}} • Announcement

$CGNX BoD authorized the purchase of up to $100MM of its common stock in open market transactions. The new authorization will commence after the company completes an existing $100MM repurchase program, of which approx. $39MM remains available.

$CGNX {{ '2017-05-01T12:45:09+0000' | timeago}} • Announcement

$CGNX  BoD declared a quarterly cash dividend of $0.085 per share, payable on June 16, 2017 to all shareholders of record at the close of business on June 2, 2017. The dividend represents an increase of $0.01 per share, or 13%, over the $0.075 per share dividend paid in the prior quarter.

$CGNX {{ '2017-04-05T13:40:04+0000' | timeago}} • Announcement

$CGNX acquired ViDi Systems SA, a maker of deep learning software for industrial machine vision. ViDi Systems became part of $CGNX's Vision Products business unit. The transaction is not expected to have a material impact on $CGNX's financial results in 2017 or 2018.

$CGNX {{ '2017-02-17T14:11:28+0000' | timeago}} • Announcement

$CGNX's BoD declared a quarterly cash dividend of $0.075 per share. This dividend is payable on March 17, 2017 to all shareholders of record at the close of business on March 3, 2017.

$CGNX {{ '2017-02-17T14:07:34+0000' | timeago}} • Announcement

$CGNX announced the retirement of Richard Morin, EVP of Finance and Administration and CFO, after 18 years with the company. John Curran, SVP of Finance, will succeed Morin as CFO on Feb. 17. Morin will remain with $CGNX full time through the end of March to ensure smooth transition. After his retirement Morin will continue as Secretary of its BoD.

$CGNX {{ '2017-02-17T13:55:44+0000' | timeago}} • Announcement

$CGNX expects 1Q17 gross margin in mid-to-high 70% range, and operating expenses to rise by about 10% on sequential basis due primarily to higher stock option expense. The company predicts effective tax rate to be 18% before discrete tax items.

$CGNX {{ '2017-02-17T13:55:24+0000' | timeago}} • Announcement

$CGNX expects 1Q17 revenue fo $122-125MM, which represents growth of 27-30% year-over-year. On a sequential basis, $CGNX expects typical seasonal decline from 4Q to 1Q in factory automation.

$CGNX {{ '2017-02-17T13:54:46+0000' | timeago}} • Announcement

$CGNX reported a rise in 4Q16 earnings driven by higher revenue. Net income rose to $38.25MM or $0.43 per share from $18.75MM or $0.22 per share last year. Revenue grew to $129.32MM from $97.77MM. Non-GAAP income from continuing operations increased to $41.39MM from $21.72MM.

$CGNX {{ '2017-01-10T13:29:26+0000' | timeago}} • Announcement

$CGNX announced the recent acquisition of two technology companies in the fast-growing areas of 3D vision and industrial ID. On Nov. 30, 2016, $CGNX acquired Boulder, Colorado-based Chiaro Technologies, maker of 3D machine vision sensor. On Dec. 9, 2016, $CGNX acquired Webscan, a player in barcode verification solutions.

$CGNX {{ '2016-10-31T21:25:49+0000' | timeago}} • Webcast

$CGNX expects to report double digit revenue growth YonY, with continued strong progress in high potential markets, including logistics, 3D and China. The company added that a true-up of the bonus accrual in 3Q16 is not expected to repeat in 4Q16.

$CGNX {{ '2016-10-31T21:17:08+0000' | timeago}} • Webcast

$CGNX reported its highest net income & EPS from continuing operations for any quarter in the company's history. In factory automation market, 3Q16 revenue was $142MM. From a geographic perspective, the Greater China region continued to deliver strong growth in excess of 20%, driven by sales to consumer electronics, automotive & consumer products.

$CGNX {{ '2016-10-31T20:48:03+0000' | timeago}} • Announcement

Machine vision systems company $CGNX posted higher 3Q16 earnings from continuing operations, helped by higher revenue, GM and lower effective tax rate. Net income from continuing operations rose 107.9% to $53.68MM or $0.61 per share from $25.82MM or $0.29 per share a year ago. Revenue rose 37.51% to $147.95MM.

$CGNX {{ '2016-10-31T20:38:25+0000' | timeago}} • Announcement

$CGNX expects 4Q16 revenue to be in the range of $115-118MM and Gross margin is expected in the mid-to-high 70% range. For 4Q16, operating expenses are expected to be essentially flat on a sequential basis, while effective tax rate is expected to be 18% before discrete tax items.

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