Cognex Authorizes New Stock Buyback Program

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Cognex Corp (CGNX) Tops Q3 EPS by 8c, Q4 Revenue Guidance Misses Views

October 29, 2018 4:17 PM EDT

Cognex Corp (NASDAQ: CGNX) reported Q3 EPS of $0.45, $0.08 better than the analyst estimate of $0.37. Revenue for the quarter came in at $232.2 million versus the consensus estimate of $227.36 million.

GUIDANCE:

Cognex Corp sees Q4 2018 revenue of $180-190 million, versus the consensus of $200.09 million.

At the mid-point, that range represents a slight increase... More