Cognex Corp (CGNX) Tops Q2 EPS by 7c

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Go back to Cognex Corp (CGNX) Tops Q2 EPS by 7c

Needham & Company Raises Price Target on Cognex Corp (CGNX) Following Strong 2Q

August 2, 2016 8:33 AM EDT

Needham & Company reiterated a Buy rating on Cognex (NASDAQ: CGNX), and raised the price target to $55.00 (from $42.00), following the company's 2Q earnings report. Revenues totaled $147.3M, 5% above prior guidance of $135-140M and 7% above consensus' $138.1M. EPS totaled $0.50, well above consensus' $0.43.

Analyst James Ricchiuti commented,... More

Cognex Corp (CGNX) Declares $0.075 Quarterly Dividend; 0.7% Yield

August 1, 2016 5:12 PM EDT

Cognex Corp (NASDAQ: CGNX) declared a quarterly dividend of $0.075 per share, or $0.3 annualized.

The dividend will be payable on September 16, 2016, to stockholders of record on September 2, 2016, with an ex-dividend date of August 31, 2016.

The annual yield on the dividend is 0.7... More