Needham & Company Raises Price Target on Cognex Corp (CGNX) to $61 Following Solid 3Q
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/26/2024
- Stocks face worst month since September, yen swings after BoJ
- Microsoft fiscal Q3 results top estimates as AI revolution spurs cloud growth
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Intel slides in afterhours trading as Q1 revenue misses, Q2 outlook falls short
- Oil prices on track to snap two-week losing streak
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Cognex Acquires Two 3D Vision Companies
October 31, 2016 4:06 PM EDTNATICK, Mass.--(BUSINESS WIRE)-- Cognex Corporation (NASDAQ: CGNX) has expanded its 3D vision capabilities with the recent acquisition of two companies specializing in 3D machine vision technology.
On October 27, 2016, Cognex acquired... More
Cognex Reports Record Net Income and Earnings Per Share from Continuing Operations
October 31, 2016 4:06 PM EDTNATICK, Mass.--(BUSINESS WIRE)-- Cognex Corporation (NASDAQ: CGNX) today announced its financial results for the third quarter of 2016. In Table 1 below, selected financial data for the quarter and nine months ended October 2, 2016 is compared to the second quarter of 2016, the third quarter of 2015 and the first nine months of 2015. A reconciliation of certain financial measures from GAAP to non-GAAP is shown in Exhibit 2 of this news release.
Table 1*
Â
  ÂRevenue
 ÂNet IncomefromContinuingOperations
 ÂNet IncomefromContinuingOperations perDiluted Share
Quarterly Comparisons
      ... MoreCognex Declares Quarterly Cash Dividend
October 31, 2016 4:06 PM EDTNATICK, Mass.--(BUSINESS WIRE)-- Cognex Corporation (NASDAQ: CGNX) announced today that the companys Board of Directors declared a quarterly cash dividend of $0.075 per share. This dividend is payable on December 16, 2016 to all shareholders of record at the close of business on December 2, 2016.
About... More
