Categories Earnings, Industrials

Cognex Corporation (NASDAQ: CGNX): Q3 2019 Earnings Snapshot

— Cognex Corporation (NASDAQ: CGNX) reported third-quarter 2019 earnings of $0.23 per share, vs. $0.21 per share expected.

— Total revenue fell 21% to $183.3 million, vs. $177.16 million expected. Revenues fell due to slowdown in customer spending in the automotive and consumer electronics markets.

— Gross margin of 74% in Q3.

— Revenue for 4Q19 expected between $155 million and $165 million. Gross margin expected in mid-70% range.

— CGNX shares have gained 42% since the beginning of this year.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Most Popular

CVX Earnings: Chevron reports lower revenue and profit for Q3 2024

Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to

Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results

Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a

AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates

Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top