Cognex (CGNX) Reports a Q1 Loss; Slashes Dividend
CGNX Hot Sheet
Revenue Growth %: +4.4%Financial Fact:
Net income: 14.28M
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Cognex (Nasdaq: CGNX) reports Q1 loss of $0.05, in-line with the analyst estimate of ($0.05). Revenue for the quarter was $42.3 million, versus the consensus of $42.96 million.
Cognex also announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share, which represents a reduction of $0.10 from the $0.15 dividend paid in the prior quarter. The dividend is payable on June 19, 2009, to all shareholders of record at the close of business on June 5, 2009.
Cognex also announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share, which represents a reduction of $0.10 from the $0.15 dividend paid in the prior quarter. The dividend is payable on June 19, 2009, to all shareholders of record at the close of business on June 5, 2009.
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