Cognex (CGNX) Tops Q3 EPS by 12c; Guides Above for Q4 Revs

November 1, 2010 4:09 PM EDT Send to a Friend
Get Alerts CGNX Hot Sheet
Trade CGNX Now!
Cognex (Nasdaq: CGNX) reports Q3 EPS of $0.45, 12 cents better than the analyst estimate of $0.33. Revenue for the quarter was $75 million, which compares to the estimate of $75.41 million.

Revenue in the fourth quarter of 2010 is expected to be between $83 million and $85 million (which is an increase of 11% to 13% on a sequential basis). This range includes $6.5 million of service revenue related to the anticipated completion of a single customer contract. (Consensus is $75.51M)


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Earnings, Guidance

Add Your Comment