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Cognex Corporation (NASDAQ:CGNX ) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Robert Willett - President, Chief Executive Officer Nathan McCurren - Head of Investor Relations Conference Call Participants Damian Karas - UBS Rob Mason - Robert W. Baird Michael - Cowen Jacob Levinson - Melius Research Tommy Moll - Stephens Inc. Andrew Buscaglia - BNP Paribas Piyush Avasthy - Citi Jairam Nathan - Daiwa Capital Markets Operator Greetings.
Cognex Corporation (CGNX) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.13 per share a year ago.
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Cognex (NASDAQ: CGNX), a leading provider of industrial machine vision solutions, has unveiled the 380 Modular Vision Tunnel, an innovative addition to its Modular Vision Tunnel lineup. Featuring Cognex's widest field of view barcode reader, the DataMan 380, the 380 Modular Vision Tunnel provides a versatile solution customizable to meet specific customer requirements, with scalability built in.
Cognex Corporation (CGNX) came out with quarterly earnings of $0.11 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.27 per share a year ago.
Cognex's key end markets came under pressure last year. The stock could be an excellent recovery play for 2024.
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