Cognex Corp (CGNX) Reports Q2 EPS of $0.18

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Cognex Reports Less-Than-Fabulous Results for the Second Quarter of 2020

July 29, 2020 4:06 PM EDT

NATICK, Mass.--(BUSINESS WIRE)-- Cognex Corporation (NASDAQ: CGNX) today reported financial results for the second quarter of 2020. Table 1 below shows selected financial data for Q2-20 compared with Q2-19 and Q1-20, and for the six months ended June 28, 2020 compared with the same period in 2019. Notably, Cognex recorded significant restructuring and other charges, totaling over $42 million, in Q2-20 that reduced earnings for the quarter by... More