Recap: Cognex Q1 Earnings

Cognex CGNX reported its Q1 earnings results on Thursday, May 5, 2022 at 04:06 PM.

Here's what investors need to know about the announcement.

Cognex beat estimated earnings by 10.53%, reporting an EPS of $0.42 versus an estimate of $0.38.

Revenue was up $43.38 million from the same period last year.

Last quarter the company beat on EPS by $0.08 which was followed by a 6.6% increase in the share price the next day.

Here's a look at Cognex's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.22	0.46	0.42	0.35
EPS Actual	0.30	0.40	0.43	0.36
Revenue Estimate	222.96M	288.23M	264.17M	237.95M
Revenue Actual	244.06M	284.85M	269.16M	239.03M

To track all earnings releases for Cognex visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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