Cognex (CGNX) Releases Quarterly Earnings Results
Cognex (NASDAQ:CGNX) released its quarterly earnings data on Monday. The company reported $0.29 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.22 by $0.07, AnalystRatings.NET reports. The company had revenue of $108.80 million for the quarter, compared to the consensus estimate of $103.30 million.
Shares of Cognex (NASDAQ:CGNX) traded down 0.42% during mid-day trading on Monday, hitting $37.80. 354,143 shares of the company’s stock traded hands. Cognex has a 52-week low of $24.76 and a 52-week high of $40.65. The stock has a 50-day moving average of $38.35 and a 200-day moving average of $36.63. The company has a market cap of $3.283 billion and a price-to-earnings ratio of 44.14.
Cognex Corporation (NASDAQ:CGNX) is a provider of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required.
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