Cognex Corp (CGNX) Tops Q1 EPS by 6c, Q2 Revenue Guidance Tops Estimates

Cognex Reports First Quarter 2016 Results

May 2, 2016 4:06 PM EDT

NATICK, Mass.--(BUSINESS WIRE)-- Cognex Corporation (NASDAQ: CGNX) today announced its financial results for the first quarter of 2016. In Table 1 below, selected financial data for the quarter ended April 3, 2016 is compared to the first and fourth quarters of 2015. A reconciliation of certain financial measures from GAAP to non-GAAP is shown in Exhibit 2 of this news release.

                 

Table 1*

         

 

 

 

Revenue

     

Net IncomefromContinuingOperations

     

Net IncomefromContinuingOperations perDiluted Share

Quarterly Comparisons

                        Current quarter: Q1-16  ... More