Cognex: Q2 Earnings Insights

Cognex CGNX reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:00 PM.

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

Earnings

Cognex missed estimated earnings by 2.38%, reporting an EPS of $0.41 versus an estimate of $0.42.

Revenue was up $5.47 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 10.93% drop in the share price the next day.

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

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.38 0.22 0.46 0.42
EPS Actual 0.42 0.30 0.40 0.43
Revenue Estimate 276.30M 222.96M 288.23M 264.17M
Revenue Actual 282.41M 244.06M 284.85M 269.16M

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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