Needham & Company Raises Price Target on Cognex Corp (CGNX) to $61 Following Solid 3Q
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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*
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  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.
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