Needham & Company Raises Price Target on Cognex Corp (CGNX) Following Strong 2Q
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Cognex Reports Record Second Quarter Revenue and Earnings Per Share from Continuing Operations
August 1, 2016 4:06 PM EDTNATICK, Mass.--(BUSINESS WIRE)-- Cognex Corporation (NASDAQ: CGNX) today announced its financial results for the second quarter of 2016. In Table 1 below, selected financial data for the quarter ended July 3, 2016 is compared to the first quarter of 2016, the second quarter of 2015 and the first six months of 2015. A reconciliation of certain financial measures from GAAP to non-GAAP is shown in Exhibit 2 of this news release.
ÂTable 1*
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Revenue
ÂNet IncomefromContinuingOperations
ÂNet IncomefromContinuingOperations perDiluted Share
Quarterly Comparisons... MoreCognex Declares Quarterly Cash Dividend
August 1, 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 September 16, 2016 to all shareholders of record at the close of business on September 2, 2016.
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