Cognex Corp (CGNX) Tops Q4 EPS by 14c; Guides Q1 Revs Above the Street

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Cognex Reports Record Results for Fourth Quarter and Full Year

February 16, 2017 4:06 PM EST

NATICK, Mass.--(BUSINESS WIRE)-- Cognex Corporation (NASDAQ: CGNX) today announced that the company set new records for both fourth quarter and annual revenue, net income and earnings per share in 2016. In Table 1 below, selected financial data for the quarter and year ended December 31, 2016 is compared to the third quarter of 2016, the fourth quarter of 2015 and the year ended December 31, 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

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